Items Tagged with 'Merscorp'

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  • Sponsored By
    MERSCORP

    MERSCORP Holdings leverages tech expertise to provide eNote solution

    Even small and mid-size lenders can take advantage of secure system and easy implementation
    While some companies are new to the digital mortgage landscape, MERSCORP Holdings has operated the MERS eRegistry since 2004 and understands the complexity — and the potential — of digital implementation. The company recently partnered with eOriginal to launch an eNote solution that expands their MERS eSuite, enabling the creation, execution, vaulting and management of the electronic promissory note, or eNote.
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  • MERSCORP and eOriginal debut eNote Solutions

    Enables mortgage originators to accelerate digital mortgage adoption
    On Wednesday, MERSCORP and eOriginal announced the launch of a new solution the companies say will enable originators to accelerate entry into the digital mortgage ecosystem. MERS eNote Solutions, which is part of the company’s eSuite, will enable the creation, execution, registration and management of the electronic promissory note, or eNote, to mortgage originators across the industry.
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  • Fed fines another 5 banks $35.1 million for mortgage servicing and foreclosure infractions

    These big banks yet to be penalized
    On Friday, the Federal Reserve Board announced another $35.1 million in civil penalties against five banks as part of its effort to terminate enforcement actions, issued in 2011 and 2012, against a total of 10 banks related to residential mortgage loan servicing and foreclosure processing.
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  • MERS wins twice in Texas federal courts

    Right to assign deed upheld again
    The frequently legally challenged MERS won again in court recently, as the United States District Courts for the Southern District of Texas, Houston Division and the Northern District of Texas, Dallas Division held MERS' mortgage assignments were valid, and granted motions to dismiss in two cases.
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  • Another one bites the dust: MERS wins again

    California Third Appellate District Court affirms MERS’ rights to assign a mortgage
    MERSCORP Holdings announced Monday that it secured another victory over a homeowner who challenged its authority to assign a mortgage. MERS had its authority upheld this time by the Court of Appeal of California for the Third Appellate District.
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  • MERS’ mortgage assignment authority upheld by three Federal Courts

    Courts dismiss borrowers’ quiet title lawsuits
    MERS announced Friday that it secured victories in three separate Federal Courts, each of which upheld MERS’ mortgage assignment rights. In each case, the plaintiffs sued MERS and other financial companies to avoid foreclosure based on claims that MERS could not hold or assign a security instrument.
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  • MERS wins big once more in Federal Court of Appeals

    Overturns lower court ruling in suit brought by Pennsylvania county recorder
    For the third time in the last few weeks, MERSCORP Holdings secured a victory in a Federal Court of Appeals, which upheld MERS’ mortgage assignment rights. This time, a Pennsylvania county recorder sued MERS, arguing that MERS owed the county million of dollars in unpaid recording fees stemming from the transfer of promissory notes as mortgage assignments.
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