MERS
**MERS**
What is MERS?
MERS (Mortgage Electronic Registration Systems) is a technology platform used in the United States to track servicing rights and ownership of mortgage loans. It acts as a nominee for the lender in the public land records, simplifying the process of transferring mortgage servicing rights and ownership between different entities. MERS aims to streamline the mortgage process by reducing the need to record each individual transfer of a mortgage on county land records.
Which job functions commonly mention MERS?
Which organizations are mentioning MERS?
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