Business Glossary-Term List
Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary. Search tip: Use quotes for an exact search (e.g., "keyword or phrase").
Return to full Term List
Download Business Glossary
(MISMO Members)
The data record that is created when a Participant registers an eNote on the MERS eRegistry. This term is also defined in the MERS eRegistry Procedures Manual as 'eNote Record' and is available at members.mersinc.org.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #eMortgageGlossary
Indicates the loan is registered on the MERS System for information only. MERS is not the mortgagee.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
The identification number assigned by MERS to the organization.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
Indicates whether the loan was originated with MERS as the original mortgagee of record (MOM).
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
The date the loan was registered with MERS.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
The status of the loans registration with MERS. A loan is registered one time with MERS with its Mortgage Identification Number (MIN). Various life of loan activities may alter the registration status such as a deactivation transaction.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
A free-form text field used to capture the MERS Registration Status Type name if Other is selected as the MERS Registration Status Type.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
The system at MERS that the loan is registered on.
Term Source: MISMO Life of Loan Business Process Model
Term Type: Data
Focus Area: #LDD
AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy. For more information, please see complete Authorized Usage / Patent Disclosure Request or contact [email protected].