EDS to Build and Run an Electronic Mortgage Registry ...
The first two large companies to encourage their correspondents to deliver MERS loans were Norwest Mortgage(now Wells Fargo), Des Moines, Iowa; and Nations Banc (now Bank of America Mortgage), Charlotte, North Carolina. In July 1998, Merrill Lynch Credit Corporation became the first lender to originate MOM loans by using MOM security instruments. ................
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