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15.87 MERS eRegistry
An electronic registry operated by MERS or an affiliate which, among other things, serves as the system of record to identify the current Controller and Location of the Authoritative Copy of an eNote.

Resources > FAQ > CHAPTER-15-GLOSSARY > 15-83-MERS-eRegistry

15.88 Moody’s
Moody’s Investors Service, Inc. or its successor in interest.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-64-Mortgage-Electronic-Registration-Systems,-In

15.89 Mortgage
The mortgage, Deed of Trust, or other Security Instrument which secures a Mortgage Note and creates a first lien on an estate in fee simple in the property.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-65-Mortgage-Identification-Number-(MIN)

15.90 Mortgage Electronic Registration Systems, Inc. (MERS)
An electronic system that assists Clients, investors, and others in tracking mortgages, servicing rights, and security interests, thus streamlining and reducing the costs associated with servicing transfers, lien releases, and quality control...

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-66-Mortgage-Guarantor

15.91 Mortgage Identification Number (MIN)
An 18-digit identifier that MERS assigns to each registered mortgage, which is used to track the mortgage within MERS’ electronic system.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-67-Mortgage-Insurer