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MERS owner to acquire Simplifile as mortgage eNote usage grows

The MERS System is a national electronic database that tracks changes in mortgage servicing and beneficial ownership interests in residential mortgage loans on behalf of its members. The MERS eRegistry is the system of record for identifying the Controller (holder) and Location (custodian) for the authoritative copy of an eNote.

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MERS owner to acquire Simplifile as mortgage eNote usage grows May 2, 2019 The loans in the pool satisfy guidelines under the ability to repay (ATR) rule but were coded as non-QM due primarily to the use. mortgage retail banking, will work alongside Greg Sandler and other.

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NYSE Owner Bets on Mortgage Digitization – Intercontinental Exchange’s planned $335 million purchase is expected to close in the third quarter national mortgage NEWS MERS owner to acquire Simplifile as mortgage eNote usage grows

MERS owner to acquire Simplifile as mortgage eNote usage grows Intercontinental Exchange’s proposed acquisition of Simplifile will enhance its MERS unit’s growing presence in handling electronic notes.

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Indicate by check if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x Indicate by check if the registrant is not required to file reports.

MERS owner, Intercontinental Exchange, is buying Simplifile for $335 million Articles Updated 050119 MERS owner, Intercontinental Exchange, is buying Simplifile for $335 million ICE is the parent company of the New York Stock Exchange and is also a provider of data and listings services, and the company bought MERS last year.

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