Dallas County District Attorney Craig Watkins this week filed suit against MERSCORP, seeking a judicial determination of whether the industry's use of the Mortgage Electronic Registration System (MERS) is legal in the Lone Star State.

Also named in the suit as defendants are Bank of America and Stewart Title, which the DA describes as MERS shareholders. In addition, Aspire Financial, which operates in the state as TexasLending.com, is also a defendant.

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