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The MERS® eRegistry is the mortgage trade’s system of report for figuring out the Controller (holder) and Location (custodian) of the authoritative copy of an eNote, or who within the traditional paper world of mortgages, is the holder of the unique observe with the rights to implement same. This provides e notes shoppers, lenders, and investors the boldness to move toward a digital process as a result of authenticity of digital copies might be verified by an unbiased third-party.
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