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Home » Store » Taxable » MERS Reports Big Increase in Mortgage Registrations

MERS Reports Big Increase in Mortgage Registrations

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Decision One Mortgage of Charlotte, N.C., registered the 30 millionth loan on the MERS electronic loan registry on April 6, 2005. That number represents an increase of more than 35 percent in the number of loans registered on the MERS System in one year, MERS officials said. The MERS registry was created by the real estate finance industry to eliminate assignments when trading mortgage loans. …
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