MERS MOM definition
Examples of MERS MOM in a sentence
MERS MERS MIN# MERS MIN Registration Date MERS MIN Registration Flag MERS MOM Flag IX.
For each Loan purchased by Arc Home, Seller shall promptly deliver the Loan File together with an endorsement of the Mortgage Note, if a paper note, (made payable to the order of Arc Home LLC without recourse or endorsed in blank), a recorded assignment of Mortgage, if not a MERS MOM loan (MERS as Original Mortgagee), or a recorded assignment of mortgage to Arc Home in accordance with the Arc Home Seller’s Guide.
Seller shall notify MERS of the transfer of servicing and the subsequent transfer of registry, including any MERS MOM loans.
For each Loan purchased by ArcHome, Seller shall promptly deliver the Loan File together with an endorsement of the Mortgage Note, if a paper note, (made payable to the order of WEI Mortgage LLC without recourse or endorsed in blank), a recorded assignment of Mortgage, if not a MERS MOM loan (MERS as Original Mortgagee), or a recorded assignment of mortgage to ArcHome in accordance with the ArcHome Seller’s Guide.