ALTA® has funded the development of the Mortgage Electronic Registrations System (MERS) to help mortgage lenders eliminate the need for recording mortgage loan assignments when ownership rights change in secondary market transactions. The MERS System allows settlement agents to quickly determine the correct current servicer of any loan on the system. This enables settlement agents to obtain timely, accurate, and reliable pay-off amounts and terms without the typical "telephone tag" or the costly and time-consuming fax/fax back process. The MERS system has registered more than 22 million loans since it began in 1996, with over 22,000 loans being registered daily!
ALTA® members are offered a special discount to access this database - just $75 per year.
To access the MERS system from this page, click on the "Login to MERS" link below and key in the login and password provided to you by ALTA®. If you don't have a login and password, click on the "Get a login and password" link.
Note: Existing Logins and Passwords will change as of April 1, 2011
Organization ID = 1000118
Login = your Company ID# proceeded by "G" (e.g. G1234567)
Password = April*10