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Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...
The company increased its funded home loans 36% in 2015 to $8.7 billion. [9] Also in 2014, the company was ranked number ten on Mortgage Executive magazine's list of the "Top 100 Mortgage Companies in America". [10] HomeBridge announced its acquisition of the operating assets of Prospect Mortgage on November 1, 2016.
PHH was founded by Duane Peterson, Harley Howell and Richard Heather in 1946 in Mount Laurel, New Jersey and incorporated in 1953 as a Maryland corporation [1] providing mortgage services, employee relocation services, fleet management services.
A closing disclosure is a set of documents that contains the finalized details of your mortgage. Mortgage lenders are required to furnish the closing disclosure at least three business days before ...
Testimony in a New Jersey foreclosure case decided last week may spell big trouble for Bank of America (BAC). If what one bank employee said on the stand proves to be accurate, paperwork problems ...
CrossCountry Mortgage: CrossCountry Mortgage made 83,000 loans with a combined value of nearly $30 billion. In the J.D. Power survey, the lender ranked below average, with a score of 663.
A full coverage search is usually done when creating a title report for sale/resale transactions and for transaction that involves construction loans. It generally includes searches related to property lien, easements, covenants, conditions and restrictions(CC&Rs), agreements, resolutions and ordinances that will affect the real property in question.
The biggest benefit to having an escrow mortgage is being able to make one monthly payment while your mortgage provider takes care of taxes and homeowners insurance bills for you.