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A lender can verify a borrower's property information on a mortgage application by using the MERS Lien Report to determine if an applicant has obtained other mortgages secured by the same property, or is a borrower on an undisclosed number of mortgage loans.Click here for a Sample MERS Report
The MERS SSN Lien Report helps combat fraud by offering the following benefits:
- Contains information on approximately 60 million property liens, in both first and second positions
- Provides a real‐time method to verify lien information disclosed by the borrower
- Alerts lender to new loans registered on MERS between the application date and the closing date
*Pricing is based on volume and a number of other factors. Please contact Sales at 901.685.7599 or mtginfo@datafacts.com to get a quote for your specific needs.
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