MERSCORP Holdings, Inc. today announced the Rhode Island Superior Court granted summary judgment in MERS’ favor. In pdf Mendoza v. Mortgage Electronic Registration Sys., Inc. (177 KB) , the plaintiffs attacked the validity of a MERS assignment by claiming that MERS was not authorized to execute the assignment of a mortgage.
Governor Gina M. Raimondo today joined with representatives of Rhode Island Housing and Rhode Island College to launch Ocean State Grad Grant, a new program designed to encourage recent college graduates to make their home in Rhode Island.
Rhode Island Housing’s Board of Commissioners today approved more than $2.3 million in new HOME Investment Partnerships Program funding for six proposed affordable housing developments and an additional $350,000 for a previously funded affordable housing development. The awards are expected to leverage nearly $40 million in other public and private funding sources to support the construction and rehabilitation of more than 160 units in communities across Rhode Island.