MERS Identification Number definition

MERS Identification Number. The eighteen digit number permanently assigned to each MERS Designated Mortgage Loan.
MERS Identification Number means the mortgage identification number for any Mortgage Loan registered with MERS on the MERS® System.
MERS Identification Number shall have the meaning assigned thereto in the Custodial Agreement.

Examples of MERS Identification Number in a sentence

  • With respect to each MERS Mortgage Loan, a MERS Identification Number has been assigned by MERS and such MERS Identification Number is accurately provided on the Asset Schedule.

  • With respect to each MERS Loan, a MERS Identification Number has been assigned by MERS and such MERS Identification Number is accurately provided on the Loan Schedule.

  • Original or copy of either: (i) if applicable, the Mortgage with evidence of recording thereon, noting in the case of each MERS Loan, the presence of the MERS Identification Number for that Mortgage Asset and with respect to each MOM Loan, language indicating that the Mortgage Asset is a MOM Loan or (ii) the unrecorded Mortgage.

  • As to each MERS Designated Mortgage Loan, the Custodian shall verify the related "MERS Identification Number" listed on the related Mortgage Note, the Mortgage Loan Schedule and the MERS Report.

  • With respect to each MERS Mortgage Loan, a MERS Identification Number has been assigned by MERS and such MERS Identification Number is accurately provided on the Mortgage Loan Schedule.


More Definitions of MERS Identification Number

MERS Identification Number means the number permanently assigned to each MERS Loan.
MERS Identification Number means the number permanently assigned to each MERS