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Updated about 7 years ago on .

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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
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Getting a Mortgage Discharged thru MERS?

Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Posted

Has anyone arranged to get a mortgage released through the MERS system? This was originally a second mortgage before the first mortgage was discharged. I believe the lender meant to discharge this one but didn't for some reason . MERS has it in their system as "receivership non-asset" with the location in Reston VA. I click on the link with that information and an error pops up so I have to call their help desk on Monday.

In the meantime my experience says that receivership means that we can likely get this mortgage discharged. Anyone have any experience with doing this through MERS?