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Mortgage Litigation News

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Qui Tam: Will MERS and the Banks Pay California Billions?

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Hager & Hearne sues MERS, Bank of America, and others under a qui tam statute for failure to pay recording fees to California's county recorders' offices.
 

Hager & Hearne brought a California False Claims Act suit against MERS, Bank of America, Citimortgage, GMAC, J.P. Morgan Chase Bank and Wells Fargo Bank for failing to pay recording fees on real property transactions.  The California False Claims Act (Cal. Gov.

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