Category

MERS

MERS Reviews and Registration for Lenders

MERS Jul 31, 2012

Mortgage Electronic Registration System (MERS) is a national database offering free public access to information about the servicer for registered mortgages. Real Estate finance industry (Residential and Commercial mortgage loan trading) uses this simplified process to track the ownership and servicing rights. It has been accepted and approved by Fannie Mae, Freddie Mac, Ginnie Mae, FHA & VA and all…