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15 millionth loan registered on MERS. (Tech News).


FIRST MAGNUS FINANCIAL CORPORATION, Tucson, Arizona Tucson (pronounced /ˈtusɑn/, Spanish: Tucsón [tuk'son] , has registered the 15 millionth loan on Vienna, Virginia--based MERS MERS Municipal Employees Retirement System (Michigan)
MERS Mortgage Electronic Registration System
MERS Microwave Earth Remote Sensing (Laboratory, Brigham Young University)
MERS Mobile Emergency Response Support
 Inc.'s MERS[R] System. This represents a 77 percent increase in the number of loans registered on the MERS System in one year, according to according to
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1. As stated or indicated by; on the authority of: according to historians.

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 MERS.

"The number of registrations on the MERS System is growing by leaps and bounds," said R.K. Arnold, MERS' president and chief executive officer. "MERS is capturing well over 40 percent of all tile mortgage loans originated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  as we continue to demonstrate the power of the system and its ability to eliminate paperwork and save money for large and small lenders."
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2003
Words:108
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