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Ny Supreme Court: Mers Fails As Nominee, Authority To Transfer Ownership of Note!
Ny Supreme Court: Mers Fails As Nominee, Authority To Transfer Ownership of Note!
Defendants.
Motion by plaintiff for summary judgment (CPLR 93212) and an order of reference
(RPAPL 91321) is denied and the complaint is dismissed without prejudice.
Among the " affirmative defenses " contained in defendant pro se answer is that of
standing " (See GfJ.,33,211(a)(3)). In support of its standing to maintain the action when
the action was commenced is an " Assignment of Mortgage " executed by MERS as
nominee of Home Funds Direct which includes a provision indicating the assignment is
TOGETHER with the bond or note. . . " . Not only has plaintiff failed to establish MERS'
right as a nominee for purposes of recording to assign the mortgage, more importantly, no
effort has been made to establish the authority of MERS, a non- party to the note, to
transfer its ownership. Without establishing ownership of the note at the time the action
was instituted , the plaintiff lacked a right to maintain the action (See Klug vs. Fuaazy , 145
AD2 537).
ENTER:
Dated: JUl 29 tt10