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MERS® provides numerous benefits to U.S. housing finance. Use the links below to obtain real facts about the company:

  • icon Quick Facts – MERSCORP Holdings, Inc. is a privately held corporation that owns and manages the MERS® System and all other MERS® products.  It is a member-based organization made up of about 3,000 lenders, servicers, sub-servicers, investors and government institutions.
  • icon MERS® Today – Mortgage Electronic Registration Systems, Inc. (MERS®) serves as mortgagee in the land records for loans registered on the MERS® System, and is a nominee (or agent) for the owner of the promissory note.
  • icon Myth v. Fact – Myth #1: MERS has failed to record transfers of mortgage loans in the public land records. FACT: At closing, the lender and borrower agree to appoint MERS as the mortgagee on the mortgage or deed of trust.  This means that when a MERS® System member sells the loan to another MERS® System member, only the promissory note – and not the mortgage – transfers, because the mortgage is grounded in the name of MERS.
  • The Myths and Merits of MERS – This paper, written by Patrick C. Sargent and Mark W. Harris of the Andrews Kurth Law Firm,  provides background and legal analysis on the MERS® System and addresses some of the more prevalent myths and misconceptions.

Biographies –

FAQ – Read more frequently asked questions here

Click here to see how MERS® works.