element MERS

element {}MERS

Abstractfalse (This can be used in an instance)
Nillablefalse (Instance values cannot use xsi:nil)
Declared Namespacesxmlns:xsd=http://www.w3.org/2001/XMLSchema


Source

<xsd:element name="MERS">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to registration of a loan with the Mortgage Electronic Registration System. MERS tracks the beneficial and servicing rights of a mortgage loan, thus eliminating recording of assignments.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:attribute name="ID" type="xsd:ID" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Provides a unique Identifier for this container and a means by which to reference this container from within this data set</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3801" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The date the loan was originally registered with MERS using the Mortgage Identification Number (MIN).</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3802" use="optional">
            <
xsd:simpleType>
                <
xsd:annotation>
                    <
xsd:documentation xml:lang="en">The status of the loan's registration with MERS. A loan is registered one time with MERS with its Mortgage Identification Number (MIN). Various activities may alter the registration status such as the servicing transfer to a lender not active with MERS or a loan's foreclosure.</xsd:documentation>
                </
xsd:annotation>
                <
xsd:restriction base="xsd:string">
                    <
xsd:enumeration value="Other"/>
                    <
xsd:enumeration value="Deactivated">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">MIN has been deactivated with MERS</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Notregistered">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">MIN has not been registered with MERS.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Preregistered">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">Pre-registered by the originator</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Registered">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">Registered by the current servicer</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Validated">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">Validated MIN check digit with MERS.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Reserved">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">Originator has Indicated to MERS that the MIN is reserved for future registration.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                </
xsd:restriction>
            </
xsd:simpleType>
        </
xsd:attribute>
        <
xsd:attribute name="D3803" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">A free-form text field used to capture the MERS Registration Status Type name if Other is selected as the MERS Registration Status Type.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3578" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Number used by MERS to identify loans. Referred to as the MIN, Mortgage Identification Number.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3381" type="xsd:boolean" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Indicates that the loan has been registered with MERS.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3382" type="xsd:boolean" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Indicates whether the loan was originated as MERS as mortgagee of record (MOM).</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to registration of a loan with the Mortgage Electronic Registration System.  MERS tracks the beneficial and servicing rights of a mortgage loan, thus eliminating recording of assignments.


element MERS


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