Obtained an important favorable ruling for a mortgage servicer company clarifying New York mortgage law within a mortgage-related dispute set in the federal Eastern District of New York court. The court ruled that (1) a promissory note cannot be split from a mortgage and (2) the use of the MERS® system, a database created by the mortgage banking industry that was widely being challenged at the time, for recording and transferring of mortgages was proper and acceptable.
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