Representative Engagements

Mortgage Electronic Registration Systems, Inc. (MERS®) System to System Reconciliation

Mortgage servicers are required to reconcile its System of Record to the MERS® System data monthly or quarterly if servicing fewer than 1,000 mortgage identification number (“MIN”) records.  CrossCheck completes this reconciliation quickly and seamlessly ensuring all the required data elements including “required and conditionally required fields” are reconciled to the MERS® system. Once the data extracts are provided, CrossCheck’s data engineers complete the reconciliation and provide detailed reports of the differences identified so they can be remediated.

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Client Type

Mortgage Banking – Servicer

Community Bank (<$1 billion in assets)

Regional Bank ($10 – $50 billion in assets)

Service Type

Operational Audit