One simple system of record
The MERS® eRegistry is the mortgage industry鈥檚 "system of record" for holders of eNotes. Its role is to indicate who holds the authoritative copy of the eNote, resulting in a seamless process for you, your borrowers, and your trading partners. The MERS® eRegistry is designed to make your transition from paper promissory notes to eNotes convenient and secure as you move into the eMortgage space.
Save money and eliminate breaks in the chain of title
Reduce the costs associated with transferring mortgage rights by erasing the need for certain paper assignments.
MERS庐 System
A national electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential real estate.
MERS庐 eRegistry
MERS庐 eRegistry is the legal system of record for identifying the Controller (holder) and Location (custodian) for the authoritative copy of a registered eNote.
MERS庐 eDelivery
Provide a secure method for distributing documents in any electronic format (SMART Doc, PDF, TIFF, etc.) from one MERS庐 eRegistry user to another, using the existing MERS庐 eRegistry infrastructure and transaction security requirements.
鈥淎s early adopters of eNotes and RONs on the MERS庐 eRegistry, at Mr. Cooper, we have been able to engage eNote originators as experts in the eMortgage space.鈥�
Bryan Budd
SVP, Operations & Co-issue
Mr. Cooper