MERS is an innovative process that simplifies the way mortgage ownership and servicing rights are originated, sold and tracked. Created by the real estate finance industry, MERS eliminates the need to prepare and record assignments when trading residential and commercial mortgage loans.
Through this browser-based access to the MERS® System, MERS Members can perform all MERS transactions in an online real time environment.
This browser-based access to the MERS® System enables Members and Subscribers to retrieve information regarding the current servicer of a mortgage registered on the MERS® System.
Correspondent lenders and brokers that sell loans to MERS members need a way to correctly generate a valid MIN (Mortgage Identification Number) and accurately place that MIN on a MOM (MERS as Original Mortgagee) security instrument or assignment to MERS.
The adaptation of MERS (Mortgage Electronic Registration Systems, Inc.) for the CMBS and multifamily marketplace is designed to eliminate the repurchase risk and costs associated with preparing, recording, and tracking mortgage assignments.
The MERS® eRegistry is a system of record that identifies the owner (Controller) and custodian (Location) for registered eNotes, providing greater liquidity, transferability and security for lenders.
MERS® eDelivery provides a secure method for distributing eMortgage packages from one MERS® eRegistry Member to another, using the existing MERS® eRegistry infrastructure and transaction security requirements.
MERS® ServicerID is a fast and free tool to identify the servicer of any loan registered on the MERS® System.
Click the Sign On button to access the Massachusetts Division of Banks Foreclosure Petition Database.
Mortgage Industry Standards Maintenance Organization
MERS® FraudALERT
reduces the risk of residential mortgage fraud from the point of origination by facilitating the sharing and reporting of key
data.
MERS® Ready Member Directory Search
To search for a word within the organization name, put percentage marks ("%")
before and after the word (i.e., type %Financial% to search for any company that
contains the word "Financial.") If you are searching for a company name
that begins with the word "Financial," there is no need to place the percentage
marks before and after the word.
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