BLOG VIEW: Each Spring, many lenders find an email from MERSCORP Holdings, Inc. (MERS®) regarding the Annual Report, colloquially referred to as the MERS Audit. This email outlines the general guidelines under which lenders need to complete the Annual Report. For many lenders, the 2021 Annual Report will feel like a whole new world for one of two reasons.
Not only has MERS made changes to the Annual Report focus and process – including