what is mers servicer id
Mortgage Electronic Registration System (MERS) is a privately held company that operates that operates an electronic registry designed to track servicing rights and ownership of mortgage loans in the United States. In 2007 MERS was set up in Texas.To be a member of MERS, you must be a mortgage lender or banker.ortgage Electronic Registration System (MERS) is a privately held company that operates that operates an electronic registry designed to track servicing rights and ownership of mortgage loans in the United States. In 2007 MERS was set up in Texas. To be a member of MERS, you must be a mortgage lender or banker.