Another one bites the dust: MERS wins againMERSCORP Holdings announced Monday that it secured another victory over a homeowner who challenged its authority to assign a mortgage. MERS, parent of the electronic mortgage registry with the same name, had its authority upheld this time by the Court of Appeal of California for the Third Appellate District, which heard a lawsuit brought against MERS and Bank of America (BAC) by homeowners claiming wrongful foreclosure.