NTC Executives, Jeremy Pomerantz and Debbie Lastoria, both Vice President of Business Development and Brian Ernissee, Director of Document Completion, are out representing NTC in Reston, VA during the 2017 MERS (Mortgage Electronic Registration Systems, Inc.) User Conference.
Executives at NTC attend the annual conference regularly to enhance their knowledge on eRecording, MERS legal changes, signing responsibilities and other updates that are imperative to our eRecording services.
NTC has maintained complex, professional partnerships that fully integrate our own advanced document processing with the advanced electronic recording methods available in most counties. By using this process, NTC is able to give our clients significant savings while also saving time in gathering and completing recorded documentation.
For more information on NTC visit www.nwtc.com
MERS and the MERS® System were created by the mortgage banking industry to streamline the mortgage process by using electronic commerce. Beneficiaries of MERS include mortgage originators, servicers, warehouse lenders, wholesale lenders, retail lenders, document custodians, settlement agents, title companies, insurers, investors, county recorders and consumers.
MERS acts as mortgagee in the county land records for the lender and servicer. Future assignments of any loan -- where MERS is the mortgagee -- registered on the MERS® System are not necessary because MERS remains the mortgagee no matter how many times servicing is traded. MERS as original mortgagee (MOM) loans are approved by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing Administration and the U.S. Department of Veterans Affairs, the Delaware State Housing Authority, California, Massachusetts and Utah Housing Finance Agencies, as well as all of the major Wall Street rating agencies.
For more information on MERS visit http://www.mersinc.org/.