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United States First Circuit


Serra v. Quantum Servicing Corp., 13-1557

Summary judgment for defendants in an action in which plaintiff alleges that his property was wrongfully sold at foreclosure by a party without any valid legal interest in his mortgage is affirmed, where: 1) under Massachusetts law, Mortgage Electronic Registration Systems, Inc. (MERS) may validly possess and transfer a legal interest in a mortgage; 2) in the absence of any statutorily created liability, which plaintiff cannot show, plaintiff cannot hold defendants responsible for the allegedly predatory practices of their predecessor-in-interest; 3) plaintiff failed to sufficiently plead any valid basis to rescind his mortgage loan at any time; and 4) the district court did not err in granting summary judgment to defendant Wells Fargo on its counterclaims for breach of contract and possession.

Appellate Information

  • Decided 03/31/2014
  • Published 03/31/2014

Judges

  • TORRUELLA

Court

  • United States First Circuit

Counsel

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