Mortgage Assignment To Mers

State:
Arkansas
Control #:
AR-P031-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Assignment of Mortgage Package,you will find the forms and letters that are necessary for the owner of a deed of trust/mortgage to convey the owner's interest in the deed of trust/mortgage to a third party.


Included in your package are the following forms:


1. Assignment of Deed of Trust by Individual Mortgage Holder;


2. Assignment of Deed of Trust by Corporate Mortgage Holder;


3. Letter of Notice to Borrower of Assignment of Mortgage;


4. Letter to Recording Office for Recording Assignment of Mortgage;

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FAQ

Originated by MERSCORP Holdings, Inc.'s MERS system, the mortgage identification number (MIN) is a unique 18-digit number used to track a mortgage loan throughout its life, from origination to securitization to payoff or foreclosure.

In Maine and elsewhere, lenders routinely name Mortgage Electronic Registration Systems, Inc. (MERS) as the mortgagee to act as nominee for the lender and its successors and assigns.

The MERS® System is a national electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential real estate.

(MERS) is a wholly-owned subsidiary of MERSCORP Holdings, and its sole purpose is to serve as mortgagee in the land records for loans registered on the MERS® System. MERS is a nominee for the lender and subsequent buyers (beneficial owners) of a mortgage loan and serves as a common agent for the mortgage industry.

MERS Acronym for Mortgage Electronic Registration Systems, Inc., a Delaware corporation wholly owned by MERSCORP Holdings.

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More info

05 PER LOAN with MERS. D. When MERS Is The Foreclosing Mortgagee and.WHAT: The MERS® System and Mortgage.

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Mortgage Assignment To Mers