Use the powerful MERS fraud-detection tools to detect a borrower’s undisclosed liens. Through functionality built into the MERS® System, lenders can verify a borrower’s property information on a mortgage application and determine if he or she has obtained other mortgages secured by the same property, or is a borrower on an undisclosed number of mortgage loans—two scenarios that might indicate fraudulent activity.

For MERS members and subscribers, the MERS® System and MERS® Link offer tools to support both pre-funding and post-funding fraud detection audits. By searching on the borrower’s name, social security number or the property address, these tools can assist in the identification of undisclosed liens and multiple loans per borrower or property. Members can also perform similar searches via an XML system-to-system interface.

For the general public, MERS® ServicerID is a fast and free tool that identifies the servicer of any loan registered on the MERS® System.

MERS continues to collaborate with existing data providers to bring more tools and services to our members and the public in the prevention and detection of fraud.