MERS Membership streamlines mortgage management by maintaining a clear chain of title, reducing costs per loan, and improving efficiency in lien releases, loan sales, and servicing transfers.
Our commitment to driving digital transformation in the mortgage industry remains steadfast, and MERS is excited to share the significant milestones in eRegistry adoption.
eNotes registered since inception of the MERS eRegistry
Originators
Warehouse lenders
Correspondent investors
A national electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential real estate.
The legal system of record of identifying the Controller (holder) and Location (custodian) for the authoritative copy of a registered eNote.
A secure method for distributing documents in any electronic format (SMART Doc, PDF, TIFF, etc.) from one MERS eRegistry infrastructure and transaction security requirements.
Provides secure, reliable, and centralized long-term storage and retrieval of copies of RON eClosing videos for loans registered on the MERS System and/or MERS eRegistry.
Membership is open to originators, servicers, lenders, and brokers serving the mortgage industry. Learn about MERS to determine if membership is right for you.
