Search for: "Mortgage Registration Services collectively known as MERS"
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17 Jul 2017, 7:07 pm
In 2008, the deed of trust was assigned to Mortgage Electronic Registration Systems, Inc. [read post]
19 May 2017, 12:23 pm
Certain assets of FFSFC presumably including the property in question were sold to FFA, including the mortgage servicing rights. [read post]
19 May 2017, 12:23 pm
.; OneWest Bank, FSB; IndyMac Mortgage Services; and Deutsche Bank National Trust Co., Appellees. [read post]
21 Sep 2012, 10:39 am
MERS -- This is the magical acronym for Mortgage Electronic Registration System. [read post]
29 Jul 2011, 5:23 pm
One involves the Mortgage Electronic Registration Service, or as we’ve all come to know it… MERS, and the other centers around the question of whether the trust, on whose behalf the servicer is seeking to foreclose, does in fact own the note. [read post]
24 Jul 2011, 2:38 pm
In California, the security instrument is most commonly a deed of trust (with the debtor and creditor known as the trustor and beneficiary and a neutral third party known as trustee).... [read post]
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
According to MERS, any loan registered in its system is 'inoculated against future assignments because MERS remains the mortgagee no matter how many times servicing is traded.' Moreover, MERS does not lend money, does not receive payments on promissory notes, and does not service loans by collecting loan payments. [read post]
14 Feb 2011, 7:07 am
Bank holds in the underlying mortgage was received by way of an assignment from the Mortgage Electronic Registration System a/k/a MERS, as a “nominee” for the original lender. [read post]