MERS eRegistry definition

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies the Controller, Delegatee and Location of the Authoritative Copy of registered eNotes.

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies certain fields including, without limitation, the Controller, Delegatee and Location of the Authoritative Copy of registered eNotes.

MERS eRegistry means the legal system of record that identifies the controller and custodian/location for registered eNotes that is operated by MERSCORP Holdings and its affiliates.

Examples of MERS eRegistry in a sentence

• 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.

• The MERS eRegistry meets the safe harbor requirements, as specified in the eCommerce laws, ESIGN and UETA, for transferable records.

• The MERS eRegistry is different and distinct from the MERS System.

• The servicer must maintain the current status of the eNotes on the MERS eRegistry.

• The MERS eRegistry component was created in 2003 in response to the eCommerce laws and registration is required for eNotes sold to Fannie Mae and Freddie Mac.

• For changes in servicing, the Member/Shareholder must update the MERS eRegistry.

• In order for eNotes to qualify as collateral, the FHLBanks currently require use of the MERS eRegistry.

• The human readable view of the eNote must not contain a Social Security Number; please consult the MERS eRegistry technical support team for information on providing the Social Security Number to the MERS eRegistry for eNote registration.

• The Secured Party Delegatee is the Member of the MERS eRegistry that is authorized by the Secured Party to perform certain transactions on the Secured Party’s behalf.

• The Secured Party is the entity named on the MERS eRegistry that has been assigned or granted a security interest in the eNote by the Controller.

More Definitions of MERS eRegistry

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies the Controller, Delegatee, Master Servicer, Subservicer (if any) and Location of the Authoritative Copy of registered eNotes.

MERS eRegistry. Means the electronic mortgage registration system established and maintained by MERS for tracking the control of eNotes.

MERS eRegistry means the System owned by Mortgage Electronic Registrations System, Inc. (MERS) that identifies the owner (Controller) and Custodian (Location) for registered eNotes.

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies certain fields including, without limitation, the Controller, Delegatee and Location of the Authoritative Copy of registered eNotes. “MERS Org ID” shall mean a number assigned by the Electronic Agent that uniquely identifies MERS members, or, in the case of a MERS Org ID that is a “Secured Party Org ID”, uniquely identifies MERS eRegistry members, which assigned numbers for each of Buyer, Seller and Custodian have been provided to the parties hereto. “MERS System” shall mean the system of recording transfers of mortgages electronically maintained by MERS. “Minimum Margin Threshold” shall mean $ . “MOM Mortgage Loan” shall mean any Mortgage Loan as to which MERS is acting as mortgagee, solely as nominee for the originator of such Mortgage Loan and its successors and assigns. “Monthly Payment” shall mean the scheduled monthly payment of principal and interest on a Mortgage Loan. “Moody’s” shall mean Xxxxx’x Investors Service, Inc. or any successors thereto. “Mortgage” shall mean each mortgage, or deed of trust, security agreement and fixture filing, deed to secure debt, or similar instrument creating and evidencing a first Lien on real property and other property and rights incidental thereto. “Mortgage File” shall have the meaning set forth in the Custodial and Disbursement Agreement. 18 [***]

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies the Controller, Delegatee and Location of the Authoritative Copy of registered eNotes. “MERS Org ID” means a number assigned by the Electronic Agent that uniquely identifies MERS members, or, in the case of a MERS Org ID that is a “Secured Party Org ID”, 2531 The definition of “Material Adverse Effect” was amended by Amendment No. 1, dated as of September 24, 2021.

MERS eRegistry means the electronic registry operated by the Electronic Agent that acts as the legal system of record that identifies the Controller, Delegatee, Location, Master Servicer and Subservicer of the Authoritative Copy of registered eNotes. “MERS Org ID” means a number assigned by the Electronic Agent that uniquely identifies MERS members. “MERS Procedures Manual” means the MERS Procedures Manual, as it may be amended from time to time. “MERS® System” means the mortgage electronic registry system operated by the Electronic Agent that tracks changes in Mortgage ownership, mortgage servicers and servicing rights ownership. “Mortgage” means a mortgage, deed of trust, deed to secure debt, security deed or other mortgage instrument or similar evidence of lien legally effective in the U.S. jurisdiction where the relevant real property is located to create and constitute a valid and enforceable first priority Lien or, in the case of a Second Mortgage Loan, second priority Lien, in each case subject only to Permitted Encumbrances, on the fee simple estate in improved real property. “Mortgage Assignment” means an assignment of a Mortgage, in form sufficient under the Legal Requirements of the U.S. jurisdiction where the real property covered by such Mortgage is located to give record notice of the assignment of such Mortgage, perfect the assignment and establish its priority relative to other transactions in respect of the Mortgage assigned (no Mortgage Assignment is required for any Mortgage that has been originated in the name of MERS and registered under the MERS® System). “Mortgage Loan” shall mean a one-to-four family, residential real estate loan (including an eMortgage Loan) evidenced by a Mortgage Note (including, with respect to any eMortgage Loan, the related eNote) and secured by a Mortgage encumbering a fee simple interest in real property, together with all improvements thereon, located in the United States; including without limitation, the Mortgage Note evidencing the indebtedness of obligors thereon, whether on paper or electronically created, the Mortgage securing, guaranteeing or otherwise relating thereto, all rights to payment thereunder, all rights in the real property, improvements and other tangible and intangible property and rights securing payment of the indebtedness of the obligors thereon, or that are the subject of such Mortgage Loan, all rights under Loan Papers, Loan Records, and other documents related thereto, such as guaranties and insu...