Here are two common questions that have been asked by Members:
Question #1 - How does my organization obtain an LEI?
If your organization needs to apply for an LEI or renew or update its existing LEI, you can access MERSCORP Holdings, Inc.’s online LEI Registration and Renewal Services.
Complete the required fields in the secure online application and submit payment by credit card. Once your organization is approved for an LEI or your existing LEI is renewed, your designated LEI contact will receive a confirmation email within three to five business days. This email will include your organization’s LEI.
Question #2 - Can the Mortgage Identification Number (MIN) be used as the second component of the ULI?
Yes. The existing structure and requirements for the MIN meet the criteria for the second component of the ULI, as the MIN is 18 digits, unique to each transaction, cannot be duplicated, and does not directly identify the borrower associated to the loan transaction (e.g. does not contain the borrower’s name or social security number).
Other reasons Members may opt to use the MIN as the second component of the ULI include:
Your Next Steps:
Questions? Please email us at [email protected]