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MERS definition

MERS. Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.
MERS means Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.
MERSThe Mortgage Electronic Registration Systems, Inc.

Examples of MERS in a sentence

  • If the Mortgage Loans is not a Wet Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage (other than for a MERS Mortgage Loan) and any other documents required to be delivered under the Custodial Agreement for each Mortgage Loan have been delivered to the Custodian including, the Modification Agreement with respect to a Xxxxxx Xxx Modified Loan, except as otherwise provided in the Custodial Agreement.

  • Each original Mortgage was recorded or has been sent for recordation, and, except for those Mortgage Loans subject to the MERS identification system, all subsequent assignments of the original Mortgage (other than the assignment to Buyer) have been recorded or sent for recordation in the appropriate jurisdictions wherein such recordation is necessary to perfect the lien thereof as against creditors of the Mortgagor, or is in the process of being recorded.

  • Rocket Seller shall comply in all material respects with the rules and procedures of MERS in connection with the servicing of all Purchased Mortgage Loans that are registered with MERS and, with respect to Purchased Mortgage Loans that are eMortgage Loans, the maintenance of the related eNotes on the MERS eRegistry for as long as such Purchased Mortgage Loans are so registered.

  • If the Mortgage Loans is not a Wet Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage (other than for a MERS Mortgage Loan) and any other documents required to be delivered under the Custodial Agreement for each Mortgage Loan have been delivered to the Custodian including, the Modification Agreement, except as otherwise provided in the Custodial Agreement.

  • Other than for MERS Mortgage Loans, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.


More Definitions of MERS

MERS. As defined in Section 2.01(b)(iii).
MERS. As defined in Section 2.01.
MERS means Mortgage Electronic Registration Systems, Inc.
MERS means Mortgage Electronic Registration Systems, Inc., a Delaware corporation, or any successor in interest thereto.
MERS. Mortgage Electronic Registration Systems, Inc. or any successor or assign thereto.
MERS means Mortgage Electronic Registration Systems, Inc., and its successors in interest.
MERS. As defined in Section 2.01. MidAmerica: MidAmerica Bank, and its successors and assigns, in its capacity as Servicer of the MidAmerica Mortgage Loans to the Transferor.