Bank Will Not Respond To Petition Disputing Whether Assignment Was Void

Mealey's (May 7, 2019, 1:53 PM EDT) -- WASHINGTON, D.C. — A bank on May 3 waived its right to respond to a U.S. Supreme Court petition for certiorari filed by borrowers who challenge an appeals court’s decision that the bank met the requirements to foreclose under Texas law and that a magistrate judge’s decision in the borrowers’ favor was based on an incorrect premise that the Mortgage Electronic Registration Systems, Inc. (MERS), as beneficiary, did not have the authority to assign the deed (Joanna Burke, et al. v. Deutsche Bank National Trust Co., No. No. 18-1370, U.S. Sup., 2019 U.S. S. Ct. Briefs LEXIS 1613)....