Mortgage Electronic Registration Systems, Inc. was intended to serve as a nominee for real estate transactions in ... held in trust by the Depository Trust & Clearing Corporation.
MERSCORP Holdings, Inc. owns and operates the MERS(R) System, ... the company and its subsidiary, Mortgage Electronic Registration Systems, Inc. ( MERS).
Aug 13, 2009 ... MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC. ... (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). ... (1) a mortgage is granted to a mortgagee as nominee or agent for a third party ... if any, and the original or maximum principal amount secured by the mortgage.
Apr 12, 2013 ... Mortgage Electronic Registration Systems, Inc. v. ... also provided that “MERS is a separate corporation that is acting solely as a nominee ..... we employ our well- established maxims of statutory construction in an effort to glean ...
Nov 18, 2010 ... 1 MERSCORP, Inc. is structured as a privately held stock company. .... the language of the mortgage appoints MERS as nominee, or agent, for the ...... and ( b) not to exceed the maximum amount a lender can require under.
Newsletter of Stewart Title Guaranty Company, Massachusetts Offices Winter 2007 ... First, “Who or what is MERS and what is a MERS mortgage? ... MERS acts as nominee in the county land records for the lender and servicer. ..... '[T]he debt,' as the venerable maxim puts it, 'is the principal and the mortgage an incident .
MERS - Mortgage Electronic Registration Inc. - holds secratary ... Assignment of Mortgage, Shareholders, Corporate Seals, Certifying Agents, .... MERS is named as the “nominee” for the lender who actually loaned the money to the borrower. ..... decisions… for the legal maxim is, the incident shall pass by the grant of the ...
Jan 16, 2013 ... mortgage with a maximum interest of 15.875 percent. .... mortgage granted to MERS as nominee for lender and lender's successors and ...
Posts about MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC. written by Neil Garfield. ... (MERS), “acting solely as a nominee for Lender [U.S. BANK]” and “FOR ... The Court of Appeals, in 5308 Realty Corp. v O & Y Equity Corp. ...... 873 [2d Dept 1998]) the Court ordered the maximum sanction of $10,000.00 for ...