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Fannie Mae Selling Guide B8-7-01: Mortgage Electronic Registration Systems (MERS), Inc.

Document
Fannie Mae Single Family Selling Guide
Section date
Version in Zeitro Strata
Where
pages 941–945 of 1196
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The MERS system is an electronic system that assists in the tracking of loans, servicing rights, and security interests.

Fannie Mae Selling Guide B8-7-01, pages 941–945

Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.

What this section covers

  • Naming MERS as the Nominee for the Beneficiary in the Security Instrument
  • Requirements for the Use of MERS in Specified Geographic Areas
  • MERS Registration
  • Use of the MIN
  • Mortgage Assignment to MERS
  • Termination of MERS

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.