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MERS® eRegistry Participant Fees
MERS® eRegistry Participants are not subject to an additional membership fee, as usage is covered under the MERS® System membership fee. Transactional and other related fees do apply.
For each transaction, the Requesting Party is billed. The Requesting Party is the Participant that initiated the transaction on MERS® eRegistry.
eNote Registration*
$0.00
For eNotes also registered on MERS® System
$8.95
For eNotes not registered on MERS® System
Price is per transaction
If a Registration is requested by a Delegatee for Transfer (DFT), the DFT is billed for the registration.
Converted to Paper Deactivation
$15.00
Price is per transaction
eDelivery
$0.00
Price is per transaction
Transfer of Control - Seasoned Loan
$0.00
Price is per transaction
Converted to Paper Deactivation
$15.00
Price is per transaction
eDelivery
$0.00
Price is per transaction
Transfer of Control - Seasoned Loan
$0.00
Price is per transaction
Other MERS® eRegistry related charges
- New Broker Membership Fee (charged to the delegatee when a new eRegistry broker is activated on the MERS® eRegistry): $50.00
- Annual Broker Renewal Fee (annual fee charged to the delegatee when an eRegistry broker’s membership is due for renewal): $10.00
- eRegistry Certificate Processing Fee: $100.00 per loan. Fee charged to a Controller when MERSCORP Holdings processes a Certificate to update an eNote Record on behalf of the Controller.
Miscellaneous Charge:
- Returned payment fee: $25.00 per item