Items Tagged with 'Merscorp'

ARTICLES

  • MERS, NYSE owner Intercontinental Exchange increases mortgage presence by buying Simplifile

    Completes $335 million purchase of electronic document platform
    Intercontinental Exchange, the parent company of the New York Stock Exchange, moved into mortgages in a big way last year when the company bought MERS. And now, ICE is increasing its presence in the mortgage business. ICE announced Wednesday that it has acquired Simplifile, which acts as an electronic liaison between lenders, settlement agents, and county recording offices, for $335 million.
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  • The fully digital mortgage has truly arrived as use of eNotes skyrockets by nearly 5,000%

    eNotes registered on MERS system increases substantially in first quarter
    For the last few years, there’s been a revolution underway in the mortgage business, as the industry moved closer to a fully digital mortgage, but new data suggests that the digital mortgage is becoming an industry-wide reality. A new report shows that the use of eNotes exploded in the first quarter of 2019, rising nearly 5,000% over last year.
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  • NYSE parent company ICE acquires MERS

    ICE buys remaining stake in mortgage registry
    Intercontinental Exchange, the parent company of the New York Stock Exchange, is now also the parent company of MERSCORP Holdings, as the companies announced Friday that ICE has acquired all of MERS.
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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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