Bank of America Corp. and Mortgage Electronic Registration Systems Inc. lost a bid to dismiss a lawsuit claiming they shortchanged Texas counties out of uncollected mortgage filing fees, Bloomberg News reported yesterday. "The plaintiffs have brought sufficient evidence to allow the case to go forward," U.S. District Judge Reed O’Connor in Dallas said. Judge O’Connor allowed the counties to seek damages and an injunction limiting future filings by MERS. He rejected county allegations that MERS was filing false liens, which would have allowed the counties to seek $10,000 for each contested filing.
