Search for: "MERSCORP, collectively known as MERS"
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14 Jun 2011, 7:17 am
"Mortgage lenders and other entities, known as MERS members, subscribe to the MERS system and pay annual fees for the electronic processing and tracking of ownership and transfers of mortgages. [read post]
13 Jun 2011, 9:38 am
Members contractually agree to appoint MERS to act as their common agent on all mortgages they register in the MERS system' (Matter of MERSCORP, Inc. v Romaine, 8 NY3d at 96 [internal footnotes omitted]). [read post]