Mortgage Electronic Registration Systems has suspended all its foreclosure actions in Florida effectively immediately. That’s not some kind of a hurricane forbearance policy; it’s because the registry was on the losing end of a circuit court ruling stripping it of any legal standing in foreclosures. Pinellas County Judge Walt Logan recently ruled that MERS did not actually own the mortgage notes in 20 foreclosures it initiated, and he dismissed the cases. MERS filed a motion…