MERS Reports HB Rel22

Reports Handbook
Release 22.0
June 4, 2012
MERS
System Reports Handbook Release 22.0 6/4/12 Table of Contents i

Table of Contents
Introduction .................................................................................................................. 1
Report Setup ................................................................................................................. 2
Report Formats ............................................................................................................................. 2
Optional Reports ........................................................................................................................... 2
Mandatory Reports ....................................................................................................................... 4
On Request Reports ...................................................................................................................... 5
Portfolio Analysis Report ........................................................................................................................ 5
Report Retrieval ........................................................................................................... 8
Automated Report and Data File Retrieval................................................................................ 8
OnLine Report Retrieval .............................................................................................................. 8
Using Your Reports ....................................................................................................10
List of Reports Produced............................................................................................................ 10
Reject Reports ............................................................................................................................. 10
Transfer Reports ......................................................................................................................... 10
Portfolio Analysis Report ........................................................................................................... 10
List of MERS
System Reports ................................................................................11

Daily Reports ......................................................................................................................................... 11
Monthly Reports .................................................................................................................................... 11
Quarterly Reports .................................................................................................................................. 11
On Request Reports .............................................................................................................................. 11
Event Driven Reports ............................................................................................................................ 11
Billing Reports ............................................................................................................................. 12
Monthly Reports .................................................................................................................................... 12
LB - Billing Reconciliation Report ................................................................................................ 12
LD - Monthly Billing Transaction Report .................................................................................... 12
LE - Monthly Prepaid Summary .................................................................................................. 12
Registration Reports ................................................................................................................... 13
Daily Reports ......................................................................................................................................... 13
PF - Pre-Closing Registration Verification .................................................................................. 13
PG - Pre-Closing Registration Rejects/ Warnings ....................................................................... 13
RA - Seasoned Registration Verification ...................................................................................... 13
RB - Seasoned Registration Rejects/ Warnings ........................................................................... 14
RF - Registration Verification ....................................................................................................... 14
RG - Registration Rejects/ Warnings ........................................................................................... 14
RH - Registered MINs for Same Primary Borrower SSN, Property and First Lien Daily .. 15
RK - Registration Reversal Verification ...................................................................................... 15
RL - Registration Reversal Rejects/ Warnings ............................................................................ 16
Monthly Reports .................................................................................................................................... 17
RI - Registered MINs for Same Primary Borrower, Property, and First Lien - Monthly ...... 17
MERS
System Reports Handbook Release 22.0 6/4/12 Table of Contents ii

Transfer of Beneficial Rights Reports....................................................................................... 18
Daily Reports ......................................................................................................................................... 18
BA - Pending Transfer of Beneficial Rights ................................................................................. 18
BB - Physical Transfer of Beneficial Rights ................................................................................. 18
BC - Overdue Transfer of Beneficial Rights ................................................................................ 19
BD - Expired Transfer of Beneficial Rights ................................................................................. 19
BF - Transfer of Beneficial Rights Rejects ................................................................................... 20
BG - Canceled Transfer of Beneficial Rights ............................................................................... 21
BH - MINs Deleted -Transfer of Beneficial Rights ...................................................................... 21
BI - Investor Removed by Option 1 TOB ..................................................................................... 21
BJ - Summary of Transfer of Beneficial Rights Rejects ............................................................. 21
BL - Modified Batch Transfer of Beneficial Rights .................................................................. 22
Monthly Reports .................................................................................................................................... 23
BK - Org ID to Agency ID Cross-Reference Report ................................................................... 23
Transfer of Servicing Rights Reports ....................................................................................... 24
Daily Reports ......................................................................................................................................... 24
SA - Pending Transfer of Servicing Rights .................................................................................. 24
SC - Physical Transfer of Servicing Rights .................................................................................. 24
SD - Expired Transfer of Servicing Rights .................................................................................. 25
SE - Overdue Transfer of Servicing Rights .................................................................................. 25
SF - Transfer of Servicing Rights Rejects/ Warnings ................................................................. 26
SG - Canceled Transfer of Servicing Rights ................................................................................ 26
SH - Current Investor Changed for Pending TOS Rights .......................................................... 27
SI - MINS Deleted from Pending TOS Rights ............................................................................. 27
SJ - Modified Batch Transfer of Servicing Rights .................................................................... 27
Deactivation Reports .................................................................................................................. 28
Daily Reports ......................................................................................................................................... 28
DA - Foreclosure Verification ....................................................................................................... 28
DD - Deactivation Summary .......................................................................................................... 29
DF - Foreclosure Reject Report .................................................................................................... 30
DK - Paid in Full Verification ....................................................................................................... 31
DL - Transfer to Non-MERS Status Verifications ...................................................................... 31
DM - Default by Serv/Subserv (Servicing Transferred to Non-Member) Verification............ 32
DP - Payoff Reject Report.............................................................................................................. 32
DQ - Transfer to Non-MERS Status Rejects Report .................................................................. 33
DR - Default by Servicer to Non- Member Rejects Report ........................................................ 33
Monthly Reports .................................................................................................................................... 34
DI - Past Due Foreclosure Terminations ...................................................................................... 34
Interim Funder Reports ............................................................................................................. 35
Daily Reports ......................................................................................................................................... 35
IA - Co-Existing Security Interests ............................................................................................... 35
IB - Release of Security Interest by Interim Funder ................................................................... 35
IC - Interim Funder Rejects .......................................................................................................... 36
IF - Interim Funder MIN Information ......................................................................................... 36
Conversion Reports .................................................................................................................... 37
Daily Reports ......................................................................................................................................... 37
CF - Conversion Verification Report ............................................................................................ 37
CG - Conversion Rejects / Warnings Report ............................................................................... 37
Quality Assurance Reports ........................................................................................................ 38
Monthly Reports .................................................................................................................................... 38
QE - MINs Without Originating Organization ........................................................................... 38
QM - County Unknown Warnings ................................................................................................ 38
MERS
System Reports Handbook Release 22.0 6/4/12 Table of Contents iii

QV - Lite Member Aged MIN Servicing ...................................................................................... 39
Associated Member Reports ...................................................................................................... 40
VA - MIN Milestones ...................................................................................................................... 40
VB - Change Notification ............................................................................................................... 40
MERS
1-2-3 Reports ................................................................................................................. 41

Daily Reports ......................................................................................................................................... 41
PC - Cancelled Preliminary Registration ..................................................................................... 41
PD - Preliminary Registration ....................................................................................................... 41
RD - MERS123 Reserved MINs .................................................................................................... 41
RE - MERS123 Reserved and Preliminary Registered MINs Pending Expiration Warning . 41
MERS
eRegistry Reports ......................................................................................................... 42

Daily Reports ......................................................................................................................................... 42
EH - Daily Duplicate eNote Records ............................................................................................. 42
EJ - Mis-matched MIN/ eNote Record ......................................................................................... 42
Monthly Reports .................................................................................................................................... 42
EI - Monthly Duplicate eNote Records ......................................................................................... 42
Miscellaneous Reports ................................................................................................................ 43
Daily Reports ......................................................................................................................................... 43
AA - Assumption Verification Report .......................................................................................... 43
AB - Assumption Rejects/ Warnings Report ............................................................................... 43
MA - Maintenance Verification Report ........................................................................................ 43
MB - Maintenance Rejects/ Warnings Report ............................................................................. 43
MC - Daily Summary of Activity Report ..................................................................................... 44
MF - Batch File Rejects Report ..................................................................................................... 44
ZC - List of Reports Produced ...................................................................................................... 44
Weekly Reports ...................................................................................................................................... 45
MP - User Security Audit ............................................................................................................... 45
On Request Reports .................................................................................................................... 46
OB - Detail Portfolio Analysis Report .......................................................................................... 46
OC - Summary Portfolio Analysis Report ................................................................................... 46
Report Samples ...........................................................................................................47
Billing Reports ............................................................................................................................. 47
Monthly Reports .................................................................................................................................... 47
LB - Billing Reconciliation Report ................................................................................................ 47
LD - Monthly Billing Transaction Report .................................................................................... 48
LE - Monthly Prepaid Summary .................................................................................................. 49
Registration Reports ................................................................................................................... 50
Daily Reports ......................................................................................................................................... 50
PF - Pre-Closing Registration Verification .................................................................................. 50
PG - Pre-Closing Registration Rejects/ Warnings ....................................................................... 51
RA - Seasoned Registration Verification ...................................................................................... 52
RB - Seasoned Registration Rejects/ Warnings ........................................................................... 53
RF - Registration Verification ....................................................................................................... 54
RG - Registration Rejects/ Warnings ........................................................................................... 55
RH - Registered MINs for Same Primary Borrower SSN, Property and First Lien Daily .. 56
RK - Registration Reversal Verification ...................................................................................... 57
RL - Registration Reversal Rejects/ Warnings ............................................................................ 57
Monthly Reports .................................................................................................................................... 58
RI - Registered MINs for the Same Primary Borrower, Property, and First Lien - Monthly 58
MERS
System Reports Handbook Release 22.0 6/4/12 Table of Contents iv

Transfer of Beneficial Rights Reports....................................................................................... 59
Daily Reports ......................................................................................................................................... 59
BA - Pending Transfer of Beneficial Rights ................................................................................. 59
BB - Physical Transfer of Beneficial Rights ................................................................................. 60
BC - Overdue Transfer of Beneficial Rights ................................................................................ 61
BD - Expired Transfer of Beneficial Rights ................................................................................. 62
BF - Transfer of Beneficial Rights Rejects ................................................................................... 63
BG - Canceled Transfer of Beneficial Rights ............................................................................... 65
BH - MINs Deleted -Transfer of Beneficial Rights ...................................................................... 65
BI - Investor Removed by Option 1 TOB ..................................................................................... 66
BJ - Summary of Transfer of Beneficial Rights Rejects ............................................................. 67
BL - Modified Batch Transfer of Beneficial Rights .................................................................. 68
Monthly Reports .................................................................................................................................... 69
BK - Org ID to Agency ID Cross-Reference Report ................................................................... 69
Transfer of Servicing Rights Reports ....................................................................................... 70
Daily Reports ......................................................................................................................................... 70
SA - Pending Transfer of Servicing Rights .................................................................................. 70
SC - Physical Transfer of Servicing Rights .................................................................................. 71
SD - Expired Transfer of Servicing Rights .................................................................................. 72
SE - Overdue Transfer of Servicing Rights .................................................................................. 73
SF - Transfer of Servicing Rights Rejects/ Warnings ................................................................. 74
SG - Canceled Transfer of Servicing Rights ................................................................................ 76
SH - Current Investor Changed for Pending TOS Rights .......................................................... 77
SI - MINS Deleted from Pending TOS Rights ............................................................................. 78
SJ - Modified Batch Transfer of Servicing Rights .................................................................... 79
Deactivation Reports .................................................................................................................. 80
Daily Reports ......................................................................................................................................... 80
DA - Foreclosure Verification ....................................................................................................... 80
DD - Deactivation Summary .......................................................................................................... 81
DF - Foreclosure Reject Report .................................................................................................... 82
DI - Past Due Foreclosure Terminations ...................................................................................... 83
DK - Paid in Full Verification ....................................................................................................... 84
DL - Transfer to Non-MERS Status Verifications ...................................................................... 85
DM - Default by Serv/Subserv (Servicing Transferred to Non-Member) Verification............ 86
DP - Payoff Reject Report.............................................................................................................. 87
DQ - Transfer to Non-MERS Status Rejects Report .................................................................. 88
DR - Default by Servicer to Non- Member Rejects Report ........................................................ 88
Interim Funder Reports ............................................................................................................. 89
Daily Reports ......................................................................................................................................... 89
IA - Co-Existing Security Interests ............................................................................................... 89
IB - Release of Security Interest by Interim Funder ................................................................... 90
IC - Interim Funder Rejects .......................................................................................................... 90
IF - Interim Funder MIN Information ......................................................................................... 91
Conversion Reports .................................................................................................................... 92
Daily Reports ......................................................................................................................................... 92
CF - Conversion Verification Report ............................................................................................ 92
CG - Conversion Rejects / Warnings Report ............................................................................... 93
Quality Assurance Reports ........................................................................................................ 94
Monthly Reports .................................................................................................................................... 94
QE - MINs Without Originating Organization ........................................................................... 94
QM - County Unknown Warnings ................................................................................................ 95
QV - Lite Member Aged MIN Servicing ...................................................................................... 96
MERS
System Reports Handbook Release 22.0 6/4/12 Table of Contents v

Associated Member Reports ...................................................................................................... 97
VA - MIN Milestones ...................................................................................................................... 97
VB - Change Notification ............................................................................................................... 98
MERS
1-2-3 Reports ................................................................................................................. 99

Daily Reports ......................................................................................................................................... 99
PC - Cancelled Preliminary Registration ..................................................................................... 99
PD - Preliminary Registration ..................................................................................................... 100
RD - MERS123 Reserved MINs .................................................................................................. 101
RE - MERS123 Reserved and Preliminary Registered MINs Pending Expiration Warning 102
MERS
eRegistry Reports ....................................................................................................... 103

Daily Reports ....................................................................................................................................... 103
EH - Daily Duplicate eNote Records ........................................................................................... 103
EJ - Mis-matched MIN/ eNote Record ....................................................................................... 104
Monthly Reports .................................................................................................................................. 105
EI - Monthly Duplicate eNote Records ....................................................................................... 105
Miscellaneous Reports .............................................................................................................. 106
Daily Reports ....................................................................................................................................... 106
AA - Assumption Verification Report ........................................................................................ 106
AB - Assumption Rejects/ Warnings Report ............................................................................. 107
MA - Maintenance Verification Report ...................................................................................... 107
MB - Maintenance Rejects/ Warnings Report ........................................................................... 108
MC - Daily Summary of Activity Report ................................................................................... 109
MF - Batch File Rejects Report ................................................................................................... 110
MP - User Security Audit ............................................................................................................. 111
ZC - List of Reports Produced .................................................................................................... 112
On Request Reports .................................................................................................................. 113
OB - Detail Portfolio Analysis Report ........................................................................................ 113
OC - Summary Portfolio Analysis Report ................................................................................. 114
MERS
System Reports Handbook Release 22.0 6/4/12 Introduction 1

Introduction
We have developed the MERS

System Reports Handbook to help you find
and use the reports you need to reconcile your records with the MERS

System.
The report reconciliation process is an important part of ensuring that both
transactions and data are correct on the MERS
System. You should

reconcile reports generated by the MERS
System daily with those created

by any of your internal or external systems used for batch processing to
identify any discrepancies in system activity.
Reports are available on the MERS
System for thirty days. After six

processing days they are available in ZIP format only. You should retrieve
reports at least weekly, and implement a method for storing them until
they are no longer needed.
You should retain all reports in some format at least until you have
reconciled the days activity. If you have not saved a needed report more
than thirty days old, the MERSCORP Holdings Help Desk can provide the
report, if still archived, but you will be charged for this service. To request
an archived report, contact the MERSCORP Holdings Help Desk.
Other useful manuals include:
MERS

System Procedures Manual which contains information on
MERS
System policies and procedures, and can help you determine

how the MERS
System impacts your business processes

MERS
System Integration Handbook, Volume I which provides

detailed information on becoming MERS
System Ready
MERS
System Integration Handbook Volume II, which provides the

technical specifications for interacting with the MERS
System. This
manual is of most use to Members that send flat file or EDI X12
transmissions
EDI Implementation Guide for Members who are using the EDI X12
interface
MERS
System Quality Assurance Procedures Manual which details

MERS
System requirements for Quality Assurance

MERS
System Lite Tool Kit which is useful for Lite Members

(Members who dont service MERS
System loans)
All of these documents are available on the MERSCORP Holdings
website at www.mersinc.org.
MERS
System Reports Handbook Release 22.0 6/4/12 Report Setup 2

Report Setup
Report Formats
MERS
OnLine provides monthly reconciliation reports and daily

activity-based exception and confirmation reports. The reports reflect the
previous days processing and are not real time, nor ad hoc reports. Each
report should be reviewed on a daily basis to verify activity from the
previous day. Some reports are mandatory, while others are optional.
Both mandatory and optional reports may be generated in either or both of
two formats: PDF or text. In addition, ZIP files are created for each format
chosen. You can also choose to have all reports added to a single ZIP file
so that you only need to download one file each day. And you can
generate a single tab-delimited text file containing the information for
most transactions, which you can then manipulate using your own internal
software.
When a new organization is first activated, both PDF and text report
formats are selected. For each report, a PDF file, a zipped PDF file, a text
file, and a zipped PDF file are created. If you only wish to view and
download one format, you can turn off generation of the other format for
one or more reports.

Optional Reports
MERS
OnLine offers a feature that allows the ability to turn on or off the
optional reports that are produced.

Members are initially set up to receive all reports upon activation
(excluding the Combined Report/Data Files). Allow at least one month
familiarizing yourself with the functionality of these reports. If you
determine that it is not necessary for you to receive an optional
report, you may discontinue receipt of that report by following the steps
below.
1. From the Main Menu, select Administration
2. From the Administration Menu, select Member Information.
3. From the Member Information Menu, select Reports
The Optional Reports page will be displayed.

MERS

Deselect Report
checkbox if you do not
want PDF file generated
for this report
Deselect Data
want text file generated
for this report
When selections
are complete,
click Update
Select this checkbox to
generate a single ZIP file
containing all reports in the
selected formats
Select this checkbox to
generate a data file containing
information from all asterisked
reports
Select Mandatory
Reports or On
Request Reports
to navigate to
those pages
Click Help Icon
to display
OnLine Help for
Report Setup
MERS

Mandatory Reports
Mandatory reports cannot be turned off, but you can choose the format in
which they will be generated.
Members are initially set up to receive both report formats. To generate
only one format, follow the directions below.
1. From the Main Menu, select Administration
2. From the Administration Menu, select Member Information.
3. From the Member Information Menu, select Reports
The Optional Reports page will be displayed.
4. Select the Mandatory Reports tab at the top of the page
The Mandatory Reports page will be displayed.

Click Help Icon
to display
OnLine Help for
Report Setup

Deselect Data
want text file generated
for this report

Deselect Report
want PDF file generated
for this report
Select Optional
Reports or On
Request Reports
to navigate to
those pages
MERS

On Request Reports
Some reports are generated only when requested by the Member. You can
request the Portfolio Analysis Report in MERS
OnLine from the Reports

menu.
Portfolio Analysis Report
This powerful report shows extensive information about the MINs
requested, and enables you to select parameters to restrict the search
criteria. The first two reports per months are free of charge; subsequent
reports are $125.
You can schedule this report in MERS
OnLine from the Reports menu:

1. From the Main Menu, select Reports
The Reports menu will be displayed.
2. Select Request Portfolio Analysis Report
The Request Portfolio Analysis Report page will be displayed.
When you are done
making selections,
click Update
Select this checkbox
to create a data file
containing
information from all
asterisked reports
MERS

When you request the Portfolio Analysis Report, you have the following
options:
Report Schedule (when the report will be generated)
Frequency options are:
Every Month-end last processing day of the month
Every Quarter-end last processing day of the quarter
On Request you enter a specific date for the report to be generated.
This date, however, cannot be in the past or greater than sixty days in
the future, and must be a valid MERS
System processing date.

Note and Registration Date Ranges (for On Request only)
You can enter from and through Note and Registration dates.
Report Body (Summary or Detail)
If neither option is chosen, the System will default to Detail.
For the Detail report, you have the ability to choose which fields to
include on the report, and whether to sort them by MIN, Pool Number,
or Investor. You can also see the QR flag for each MIN.
Report Medium
You have the option to receive your Portfolio Analysis Report in
report form or a data file or both. At least one option must be chosen
when requesting your report.
Select MINs
To select the MINs to be included on the report, you will indicate the
appropriate Line of Business (LOB). For example, you may want to
show all MINs for which you are the Servicer. The LOBs you can
choose from are limited to those already selected on your Member
Information on the MERS
System.
Group MINs
The MINs on the report will be grouped by the Line of Business you
select on the Group the Selected MINs by field. Building on the
above example, you can group the MINs for which you are Servicer by
Investor. So youd have a group of Freddie Mac MINs, then a group of
Fannie Mae MINs, etc. You can also select which Organizations you
want included on your report.
Report Sort Criteria
You can choose to have the data further sorted either by MIN or by
Pool/Investor number.
MERS

MIN Status and MIN MOM Values
MOM value of Yes
MOM value of No
MOM value of iRegistration
Any will select MINs with any value in the MOM field.
You can also select MINs with any MIN status, or limit the report to
MINs with a particular MIN status (e.g. active, paid in full, etc.)
MERS
System Reports Handbook Release 22.0 6/4/12 Report Retrieval 8

Report Retrieval
The MERS
System provides scheduled monthly reports as well as daily

activity-based exception and confirmation reports. The reports reflect the
previous days processing and are not real time ad hoc reports. They are
based on milestone activities as they are recorded in the system. You may
retrieve these reports using the MERS
OnLine browser application or

download them via FTP.
On Monday, Members should access both Fridays and Saturdays reports.
Reports are available at 7:00 AM Eastern Time, with the exception of On
Request reports, which are available by 10:00 PM.
Automated Report and Data File Retrieval
If your reports are large, you may want to transfer your MERS
System
reports in an unattended "hands-off" fashion developing automated FTP
scripts that allow the MERS
System reports and/or data files to be picked

up after the completion of the MERS
System daily processing. If you

wish to use this option, you should notify EDS integration personnel at the
start of your MERS
System Integration project.

OnLine Report Retrieval
To view reports from the MERS
OnLine browser application, Internet

Explorer 6.x is required. The reports are available in either PDF or text
format. They are also available in ZIP format. You will need Adobe
Acrobat in order to view the PDF format, and WinZip to open the ZIP
versions.
To view reports online:
1. Select the Reports option from the MERS
OnLine Main Menu.

The Reports Menu will be displayed.
2. Select the date for which you wish to view reports.
The List of Available Reports for that date will be displayed.
3. To display any report in a new browser window, click on the icon for
the report version you wish to view.
4. To save the report to your local or network drive, right-click on the
icon and choose the save as option.
5. To print the report without first opening it, right-click on the icon and
choose the print option.
MERS
System Reports Handbook Release 22.0 6/4/12 Report Retrieval 9

Thirty days of
reports retained
The first icon
is a PDF file
The second icon
is a Text file
The third icon
is PDF zipped
The fourth
icon is Text
zipped
MERS
System Reports Handbook Release 22.0 6/4/12 Using Your Reports 10

Using Your Reports
Reports reflect updates submitted to the MERS
System prior to 10 p.m.

Eastern Time the previous business day.
List of Reports Produced
The List of Reports Produced (ZC) is generated each day if any
transactions have occurred on any MINs with which your organization is
associated. This report will tell you at a glance whether MINs referencing
your organization were registered, transferred, rejected, deactivated, or
reversed for that day. Then you can investigate any unexpected activity (or
lack of expected activity) by looking at the detail reports.
Reject Reports
These reports show you any transactions you submitted via batch file that
were rejected by the system, and the reject reasons. Transactions included
in these reports need to be corrected and resubmitted.
Transfer Reports
The MERS

System generates reports for pending, updated, deleted, and
overdue transfers of beneficial and servicing rights. The seller must
initiate the transfer within fourteen (14) calendar days of the date sold.
Both seller and buyer are responsible for ensuring that transfers are
completed timely, and may incur additional fees if they are not. For that
reason, it is especially important to follow up on overdue transfers before
they expire.
Portfolio Analysis Report
A powerful report, especially useful for reconciling with reports from your
internal systems, is the Portfolio Analysis Report. This is an on-demand
report that shows extensive information about the MINs requested, and
enables you to select parameters to restrict the search criteria. For more
information about this report, see Portfolio Analysis Report in the On
Request Reports section.

MERS
System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports 11

List of MERS
System Reports
Daily Reports
Produce each processing day, if the appropriate trigger exists.
Monthly Reports
Produce at the end of each calendar month, if the appropriate trigger exists.
Quarterly Reports
Produce on the last Saturday of each calendar quarter, if the appropriate trigger exists.
On Request Reports
Produce on the date or schedule requested.
Event Driven Reports
Produce when the appropriate milestone is created.

MERS

System Reports 12
Billing Reports
Monthly Reports
Rpt ID Name
Report
Type
Description Recipients Sort
Event
Trigger
Cum-
ulative
Suggested Action
LB Billing
Reconciliation
Report

Mandatory Lists all fees that have been
incurred during the current
month to provide Members
with a means of reconciling
their bills.
Organization that
initiated
transactions
(Member)
Organization that
transmitted
transactions
(Vendor)
MERSCORP
Holdings
Member Month end Yes Use to reconcile bills.
LD Monthly
Billing
Transaction
Report
1

Optional Lists MIN-level detail on all
transactions that have occurred
since the previous month end
processing cycle to provide
Members with a means of
reconciling their transactions.
Organization that
initiated
transactions
(Member)
Organization that
transmitted
transactions
(Vendor)
MERSCORP
Holdings
Org ID
MIN
Month end No Use to verify current
months activities.
LE Monthly
Prepaid
Summary

Mandatory Shows all prepaid records that
are active, future dated or
expired within the current
month.
Organization that
initiated
transactions
(Member with a
Pre-paid billing
Record)
MERSCORP
Holdings
Estimated
Start Date
Month end No Use for verification
purposes.

1
For TOS transactions, this report will be created for the Initiating Org ID (always the Servicer, Subservicer or Vendor).
MERS

System Reports 13
Registration Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
PF Pre-Closing
Registration
Verification
Optional Lists all Pre-Closing
registrations.
Servicer
Subservicer
Interim Funding
Entity
Investor
Document Custodian
Organization that
created the
transaction
Vendor
Org ID of
the
Registering
Member
Servicer
MIN
Registration of a
Pre-Closing loan.
No Use to verify previous
days activities.
PG Pre-Closing
Registration
Rejects/
Warnings
Mandatory Lists all Pre-Closing
registration rejects and
warnings.
Organization that
created the
transaction
Vendor
Severity
of Error
MIN
Error
Code
Registration
Reject or
Warning for a
Pre-Closing loan
No Review the messages,
correct the errors, and
resubmit the transaction
for processing.
RA Seasoned
Registration
Verification
Optional Lists all MINs that were
successfully registered by
seasoned registration
transactions in the previous
processing cycle.
Servicer
Subservicer
Investor
Document Custodian
Organization that
initiated transactions
(Member)
Organization that
transmitted
transactions (Vendor)
Interim Funder
Pre-Closing Initiating
Member
Org ID
Register-
ing
Member
Servicing
Agent
MOM
Indicator
MIN
Seasoned loan
registration
days activities.
MERS

System Reports 14
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
RB Seasoned
Registration
Rejects/
Warnings
Mandatory Lists all seasoned
registration transactions
that were rejected in the
previous processing cycle.
The report indicates
multiple reasons for
rejection unless the first
error is a problem with the
MIN or security access.
Seasoned loans are those
loans registered more than
270 days after the note
date.
Organization that
(Member)
Organization that
transmitted
Org ID
MIN
Reject
reason
MIN rejected
from seasoned
loan registration
for processing.
RF Registration
Verification
Optional Lists all new loans that
were successfully
registered by flow
registration transactions in
the previous processing
cycle in batch, on-line and
XML transactions.
Servicer
Subservicer
Interim funder
Investor
Doc Custodian
Organization that
(Member)
Organization that
transmitted
Pre-Closing Initiating
Member
Org ID
Register-
ing
Member
Servicing
Agent
MOM
Indicator
MIN
Registration No Use to verify previous
days activities.
RG Registration
Rejects/
Warnings
Mandatory Lists all new batch loan
registration transactions
previous processing cycle.
Organization that
(Member)
Organization that
transmitted
transactions
(Vendor)
Org ID
MIN
MIN rejected
from registration
correct the errors and
for processing.
MERS

System Reports 15
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
RH Registered
MINs for the
Same Primary
Borrower
SSN, Property
and First Lien
Daily
Mandatory Lists the active or pre-
closing MINs registered
(Reason Code: R), or
updated (Reason Code:
U)in the previous on-line,
batch or XML processing
cycle that have MINs that
have the same current
primary borrower SSN,
property, and first lien
information.
All parties associated
with the MIN. (Only
MINs that match
MINs that the
Member is associated
with appear on the
report.)
Org ID
MIN1
Status/MI
N2 Status
MIN
MINs registered,
or updated that
have same
current primary
borrower,
property, and lien
information on
first liens.
Lists MINs that
have the same
primary borrower
SSN. When a
SSN is present, a
name match is
not completed.
When the SSN
field is blank and
the primary
borrower is listed
as Corporate
Name, a name
match is
completed.
No Contact servicer or
subservicer of the
associated MIN to ensure
two loans were not
originated for the same
borrower, first lien, and
property combination. If
this is a refinance
situation, request that the
servicer or subservicer
deactivate the old MIN.
RK Registration
Reversal
Verification
successfully deactivated by
registration reversal
transactions in the previous
processing cycle.
Organization that
initiated the
transaction (Member)
Organization that
transmitted the
transaction (Vendor)
Servicer
Subservicer
Investor
Interim Funder
Document Custodian
Initiating
Member
MOM
MIN
A MIN will be
included on this
report if a
Registration
Reversal
milestone exists
for the MIN and
the milestone
date equals the
current
processing date.
day's activities.
MERS

System Reports 16
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
RL Registration
Reversal
Rejects/
Warnings
Mandatory Lists all registration
reversal transactions that
were rejected in the
previous batch processing
cycle. The report indicates
multiple reasons for
rejection unless the first
error is a problem with the
MIN or security access. If
the first error is a problem
with the MIN or security
access, the report lists only
that reason.
Organization that
initiated the
transaction (Member)
Organization that
transmitted the
Severity
Code
(Error
then
Warning)
MIN
A MIN will be
included on this
report if the
MERS
System
detects at least
one error or
warning message
while processing
the batch
Registration
Reversal
transaction
during the nightly
processing cycle.
for processing.

MERS

System Reports 17
Monthly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
RI Registered
MINs for the
Same Primary
Borrower,
Property, and
First Lien -
Monthly

Mandatory Lists active and pre-closing
MINs that have the same
current primary borrower,
property, and lien information.
This report is created on the
last Saturday of each month
and is a cumulative report.
MINs continue to appear on
this report until the borrower,
property, or lien information is
updated.
All parties
associated with the
MIN. (Only the
MINs that the
Member is
associated with
appear on the
report.)
Org ID

MIN1Stat
us/MIN2
Status
MIN
MINs registered
or updated that
have the same
current primary
borrower,
property and lien
information on
first liens.
Lists MINs that
have the same
primary borrower
SSN. When a
SSN is present, a
name match is
not completed.
When the SSN
field is blank and
the primary
borrower is listed
as a Corporate
Name, a name
match is
completed.
Yes Contact servicer or
subservicer of the
associated MIN to ensure
two loans were not
originated for the same
borrower, lien, and
property combination. If
this is a refinance
situation, request that the
servicer or subservicer
deactivate the old MIN.
MERS

System Reports 18
Transfer of Beneficial Rights Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BA Pending
Transfer of
Beneficial
Rights
Optional Lists all transfer of beneficial
rights batches with a transfer
date in the future.
Confirmations performed by
the new and current investor
are reported here up to the
transfer date.
Servicer
Subservicer
Interim funder
Old investor
New investor
Old Document
custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Transfer type
Batch
number
Pool
Creation of
transfer of
beneficial rights
batch.
days activities.
BB Physical
Transfer of
Beneficial
Rights
Mandatory Lists all physical transfer of
beneficial rights to an investor
when the transfer date has
occurred. This report also
lists all loans that did not
process on the transfer date
due to rejection by the old
investor, new investor, or
system rejection.
Servicer
Subservicer
Old investor
New investor
Old Document
custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Batch
Successful/F
ailed
Transfer date on
a transfer of
beneficial rights
has occurred.
No Use to verify the transfer
has occurred.
MERS

System Reports 19
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BC Overdue
Transfer of
Beneficial
Rights
Mandatory Lists all MINs in beneficial
rights transfer batches that
have not been confirmed or
rejected by all required parties
before the transfer date, and
the transfer batches are
considered to be in overdue
status.
Servicer
Subservicer
Interim funder
Old investor
New investor
Old Document
Custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Batch
Transfer date has
passed and the
batch has not
been confirmed
or rejected by all
concerned
parties.
No Parties that have not
confirmed/rejected all
MINs in transfer batch
must do so.

BD Expired
Transfer of
Beneficial
Rights
Optional Lists all beneficial rights
batches (option 2 only) that
have surpassed the transfer
date and the 30-day grace
period that follows without
being confirmed by all parties.
Servicer
Subservicer
Old investor
New investor
Old Document
custodian
New Document
Custodian
Org ID
Batch

Transfer date
and 30-day grace
period expired
and batch has
not been
confirmed or has
been canceled.
No Use to verify batch
deletion by the system
because the batch was in a
transfer overdue status for
more than 30 days.
MERS

System Reports 20
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BF Transfer of
Beneficial
Rights Rejects
Mandatory Lists all transfer of beneficial
rights transactions that were
rejected in the previous
processing cycle because of
operator or system error.
Transaction
Originator
Organization that
transmitted the
transaction
(Vendor)
Current Servicer
Initiating Org
ID
Error Type
1

Additl
Secondary
Sort for
Sections 2
and 3
2

Expected
Seller Org
ID
3

Additl
Secondary
Sort for
Section 5
4

Current
Servicer Org
ID
All sections:
Pool Number
Transfer
Batch
Number
MIN
MINs rejected
from a transfer
of beneficial
rights transaction
or entire TOB
batch rejected in
the previous
processing cycle,
or Option 1 TOB
transactions that
are cycling for
10 processing
days.
for processing.
1
Error Types:
B Rejected Batches Section 1
E TOB1 Invalid MINs Expected Seller Org ID not found; MINs cycling Section 2
F TOB1 Invalid MINs Expected Seller Org ID; MINs cycling Section 3
I TOB2 Invalid MINs Section 4
O Other Errors Section 5
2
TOB1 Invalid MINs
3
TOB1s Only
4
Other Errors Error Type O

MERS

System Reports 21
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BG Canceled
Transfer of
Beneficial
Rights
Optional Lists all transfer of beneficial
rights batches that have been
canceled by the initiator of the
batch. Only the initiator of a
batch can cancel a batch. A
batch can be canceled any
time prior to the transfer
effective date. Also includes
batches canceled by the
system when no active MINs
remain in the batch.
Servicer
Subservicer
Old investor
New investor
Old Document
custodian
New Document
Custodian
Transaction
Originator
Organization that
transmitted the
transaction
(Vendor)
Org ID
Batch
Transfer of
beneficial rights
batch has been
canceled.
No Determine nature of
cancellation and resubmit
batch, if applicable.
BH MINs Deleted -
Transfer of
Beneficial
Rights
transferred as a result of an
Option 1 batch processing
where the MINs that also
existed in an Option 2 batch
were deleted from that Option
2 batch.
Servicer
Subservicer
Old investor
New investor
Doc custodian
Org ID
MIN
MINs deleted
from an Option 2
batch because
they were
transferred in an
Option 1 batch.
days activities.
BI Investor
Removed by
Option 1 TOB
Optional Lists MINs on which the
investor was removed in the
Option 1 transfer of beneficial
rights process.
The investor
removed in the
Option 1 process
New investor
Servicer
Subservicer
Old Document
custodian
New Document
custodian
Org ID
MIN
Option 1 transfer
of beneficial
rights in which
an investor is
removed from a
MIN
days activities.
BJ Summary of
Transfer of
Beneficial
Rights Rejects
Optional The report lists, by servicer
Org ID, the number of
rejected MINs for each
servicer Org ID.
Transaction
originator
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Rejects in
transfer of
beneficial rights
process
No Review purposes only.
MERS

System Reports 22
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BL Modified
Batch
Transfer of
Beneficial
Rights
Mandatory This report lists MINs that
were added to or deleted from
a pending or overdue TOB
Option 2 batch.
Servicer
Subservicer
Interim Funder
Old Investor
New Investor
Old Document
Custodian
New Document
Custodian
Batch
MIN
Generated when
one or more
MINs are added
to or deleted
from a TOB
batch
No Use for verification
purposes.

MERS

System Reports 23

Monthly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
BK Org ID to
Agency ID
Cross-
Reference
Report
Optional This report lists the Org ID
and Member Name for all
MERS System Members
that have Agency ID
populated for the Agency
investor. The report is used
by GNMA and other Agency
investors to verify accurate
Agency IDs have been loaded
to the MERS System as well
as to identify any missing
Agency IDs for Members
selling beneficial rights to the
Agencies.
Org IDs with
Agency ID
populated in
Member Profile
and Agency
Name = GNMA,
FNMA or
FHLMC
Agency
Investor Org
ID
Agency
ID
Agency investor
Org ID
No Verify accurate Agency
IDs have been loaded to
the MERS System.
Identify any missing
Agency IDs for Members
selling beneficial rights to
the Agencies.
MERS

System Reports 24
Transfer of Servicing Rights Reports
Daily Reports

Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
SA Pending
Transfer of
Servicing
Rights
Optional Lists all transfer of servicing
batches with transfer dates in
the future. Confirmations
performed by the current
servicer, current investor, new
servicer and new subservicer
are reported here up to the
transfer date.
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old Document
Custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Transfer
type
Batch
Number
Pool
A transfer of
servicing rights
batch has been
created or still
exists in a
pending transfer
status.
days activities
SC Physical
Transfer of
Servicing
Rights
Mandatory Lists all transfer of servicing
rights batches when the
transfer to the new servicing
entity has occurred (i.e.
transfer date has been reached
and required confirmations
completed as applicable).
This report also lists all loans
that did not process on the
transfer date due to rejection
by the old investor, new
investor, or system rejection.
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old Document
custodian
New Document
Custodian
Transmitting Org
Org ID
Batch
Transfer date has
occurred on a
transfer of
servicing rights
batch
No Use to verify transfer of
servicing responsibility has
occurred.
MERS

System Reports 25
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
SD Expired
Transfer of
Servicing
Rights
batches that have surpassed
the 30-day grace period that
did not have confirmations
completed. The transfer batch
expiration date is the latter of
either the Transfer Effective
Date + 30 days or the Transfer
Batch Creation Date + 30
days.
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old Document
custodian
New Document
Custodian
Org ID
Transfer
Type
Batch
Pool
MIN
Transfer status is
Expired.
Transfer Date or
Transfer
Creation Date
more than 30
days old and
transfer of
servicing has not
occurred for the
batch.
No Use to verify batch
deletion by the system due
to batch being in transfer
overdue status for 30 days.
Use to recreate batch if
needed.
SE Overdue
Transfer of
Servicing
Rights
Mandatory Lists all MINs in transfer of
servicing batches that have not
been confirmed by all required
parties before the transfer
date, and the transfer batches
are considered to be in
overdue status.
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old Document
Custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Transfer
Type
Batch
Pool
MIN
Transfer of
servicing rights
batch with MINs
not confirmed
and transfer date
has passed.
No Use to verify batches that
have not been confirmed
or canceled and that will
be deleted by the system
when the expiration date is
reached. Confirm the
batches if desired to
prevent batch deletion.
MERS

System Reports 26

Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
SF Transfer of
Servicing
Rights
Rejects/
Warnings
Mandatory Lists all transfer of servicing
transactions that were rejected
in the previous processing
cycle because of operator or
system error.
Transaction
Originator
Old servicer
New servicer
Doc custodian
Organization that
transmitted the
transaction
(Vendor)
Initiating
Org ID
Severity
(error or
warning)
Transaction
Type
Error Type
1

Servicer
Org ID
Pool
Number
Batch
Number
MIN
MINs rejected
from a transfer
of servicing
rights transaction
or entire TOS
batch rejected in
the previous
processing cycle.
for processing.
1
Error Types: Rejected Batches, Invalid MINs, Other
SG Canceled
Transfer of
Servicing
Rights
rights batches that have been
canceled by the initiator of the
batch. Only the initiator of the
batch can cancel a batch. A
batch can be canceled any
time prior to its completion
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old Document
custodian
New Document
Custodian
Organization that
transmitted the
transaction
(Vendor)
Org ID
Transfer
Type
Batch
Pool
MIN
Transfer of
servicing rights
batch canceled
by the initiator
of the batch.
days activities.
MERS

System Reports 27
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
SH Current
Investor
Changed for
Pending TOS
Rights
Optional Lists MINs that existed
simultaneously in a transfer of
servicing rights batch and a
transfer of beneficial rights
Option 1 batch for which the
investor replaced the current
investor on all MINs in the
transfer of servicing rights
batch.
Old servicer
New servicer
Old subservicer
New subservicer
Old investor
New investor
Old Document
Custodian
New Document
Custodian
Org ID
Transfer
Type
Batch
Pool
MIN
Current investor
replaced by the
transfer of
beneficial rights
transaction
because the MIN
existed
simultaneously
in a transfer of
servicing rights
batch.
days activities.
SI MINS Deleted
from Pending
TOS Rights
Optional Lists MINs that were deleted
from a pending transfer of
servicing rights batch because
the MIN existed
simultaneously in an Option 1
batch.
Old servicer
New servicer
Old subservicer
New subservicer
Old investor
New investor
Old Document
Custodian
New Document
Custodian
Org ID
Transfer
Type
Batch
Pool
MIN
MINs deleted
from a pending
servicing rights
batch because it
also existed in an
Option 1 transfer
of beneficial
rights batch and
the TOB
contained only
some of the
MINs in the
TOS. A new
TOS has been
created for these
MINs.
days activities.
SJ Modified
Batch
Transfer of
Servicing
Rights
Mandatory Lists all MINs that were added
to or deleted from pending and
overdue TOS batches.
Old servicer
New servicer
Old subservicer
New subservicer
Investor
Interim Funder
Old document
custodian
New document
custodian
Batch
Number
MINs added to,
or deleted from,
a TOS batch
days activities.
MERS

System Reports 28
Deactivation Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DA Foreclosure
Verification
Optional This report contains all updates
that were made by foreclosure
transactions that were entered
since the previous processing
cycle. The following
transactions are included on this
report:
Foreclosure status reset
Deactivate-Assigned from
MERS for Default or
Bankruptcy
MERS for Default or
Bankruptcy Reversal
Foreclosure pending (Option
3), iRegistration
Reinstated or modified
(Option 2)
(Option 3)
Foreclosure complete
Reversal of Foreclosure
Complete deactivation
Servicer
Subservicer
Interim funder
Investor
Doc custodian
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
Transaction
MIN
Foreclosure
transaction
updates
days activities.
MERS

System Reports 29
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DD Deactivation
Summary
Optional Lists all loans that were
deactivated since the last
processing cycle by deactivation
reason.
Servicer
Subservicer
Interim funder
Investor
MERSCORP
Holdings
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID

Deactivatio
n
Reason
MIN
Deactivated
MIN(s)
No No action required
Informational/verification
purposes
MERS

System Reports 30
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DF Foreclosure
Reject Report
Mandator
y
Lists all foreclosure transactions
that were rejected in the previous
processing cycle, along with the
reason for the rejection.
Foreclosure status reset
1), assigned to servicer
MERS for Default or
Bankruptcy
MERS for Default or
Bankruptcy Reversal
2), retained on MERS
3), iRegistration
Reinstated or modified(Option
1), assigned back to MERS
1), not assigned back to
MERS-iRegistration
1), not assigned back to
MERS-deactivation
(Option 2)
(Option 3)
Foreclosure Complete
Reversal of Reinstated or
modified(Option 1), not
assigned back to MERS
deactivation
Reversal of Foreclosure
Complete deactivation
Servicer
Subservicer
Interim funder
Investor
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)

Org ID
MIN
Reject
reason
Foreclosure
transaction
rejected
for processing.
MERS

System Reports 31
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DK Paid in Full
Verification
Optional Lists all paid in full transactions
that were entered since the
previous cycle.
The following transactions are
included on this report:
Paid in full
Reversals of either of the
above transactions
Servicer
Subservicer
Interim funder
Investor
Document
Custodian
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Paid in full
deactivation
performed, or
reversal of this
deactivation
type.
days activities.
DL Transfer to
Non-MERS
Status
Verifications
Optional Lists all transfer to Non-MERS
Status transactions that were
input since the last processing
cycle.
Transfer to Non-MERS Status
deactivation may be used for
MINs transferred to a Non-
MERS Member, MOM and Non-
MOM loans assigned to the
Servicer, or iRegistration loans
Member no longer wishes to
track on the MERS
System
reversal
Servicer
Subservicer
Interim funder
Investor
Document
Custodian
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
MINs
deactivated
using Transfer to
Non-
MERSStatus
transaction, or
reversal of this
deactivation
type.
days activities.
MERS

System Reports 32
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DM Default by
Serv/Subserv
Servicing
Transferred to
Non-MERS
Member
Verification
Mandator
y
Lists all default by servicer or
subservicer - servicing
transferred to non-MERS
Member transactions that were
input since the previous
processing cycle.
The transactions included on this
report are listed below:
Default by servicer
deactivation
Default by subservicer
deactivation
Reversal of either of the above
transactions
Servicer
Subservicer
Interim funder
Investor
Document
Custodian
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Default by
Servicer or
Default by
Subservicer
deactivation, or
reversal of one
of these
deactivation
types,.
days activities.
DP Payoff Reject
Report
Mandator
y
Lists all payoff transactions that
were rejected in the previous
processing cycle, along with the
reason for the rejection. The
report indicates multiple reasons
for rejection unless the first error
is a problem with the MIN or
security access. If the first error
is a problem with the MIN or
security access, the report lists
only that reason.
Paid in full
Reversal of the above
transactions
Servicer
Subservicer
Interim funder
Investor
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Reject
reason
Payoff
deactivation or
reversal
transaction was
rejected.
for processing.
MERS

System Reports 33
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DQ Transfer to
Non-MERS
Status Rejects
Report
Mandator
y
Lists all transfer to Non-MERS
Status transactions that were
rejected in the previous cycle,
along with the reason for the
rejection. The report indicates
multiple reasons for rejection
unless the first error is a problem
with the MIN or security access.
If the first error is a problem with
the MIN or security access, the
report lists only that reason.
reversal
Servicer
Subservicer
Interim
funder
Investor
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Reject
reason
Transfer to Non-
MERS Status
deactivation or
reversal
transaction
rejected.
for processing.
DR Default by
Servicer to
Non- Member
Rejects
Report
Mandator
y
Lists all Default by Servicer or
Default by Subservicer to non-
member deactivation
transactions that were rejected in
the previous processing cycle,
along with the reason for the
reject. The report indicates
unless the first error is a problem
with the MIN or security access.
If the first error is a problem with
the MIN or security access, the
report lists only that reason.
The transactions that are
included on this report are listed
below:
Default by Servicer
deactivation
Default by Subservicer
deactivation
Reversal of either of the above
deactivation transactions
Servicer
Subservicer
Interim funder
Investor
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
transaction
(Vendor)
Org ID
MIN
Reject
reason
Default by
Servicer or
Default by
Subservicer--to
non-member
deactivation or
reversal
transaction
rejected.
for processing.
MERS

System Reports 34
Monthly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
DI Past Due
Foreclosure
Terminations
Mandatory Lists all loans that have been
in a foreclosure pending status
for more than the Member-
specified period without a
subsequent update to the
foreclosure status or the MIN
status. This report is created
on the last Saturday of each
month.
Servicer
Subservicer
Interim funder
Investor
Org ID
MIN
MIN is still in
foreclosure
status and
defined number
of days
exceeded.
Yes Review the foreclosure
status of the loan and
update the MERS

System, if applicable.
MERS

System Reports 35
Interim Funder Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
IA Co-Existing
Security
Interests
Mandatory Lists all loans that now belong
to an investor with an interim
funder and/or warehouse
gestation lender. The interim
funder and investor are both
shown as having a security
interest in the beneficial rights
on a particular MIN. An
interim funder and/or
warehouse gestation lender
releases its interests by
clearing the interim funder
Org ID field.
Servicer
Subservicer
Interim funder
Investor
Warehouse
Gestation Lender
Org ID
MIN
Beneficial rights
tied to both an
interim funder
and an investor
or warehouse
gestation lender
Yes Interim funder and/or
warehouse gestation lender
must release its interest by
clearing the Interim
Funder Org ID field.
IB Release of
Security
Interest by
Interim Funder
Optional Lists all loans that now belong
to an investor and the interim
funder has released its
interests. Interim funder
interests are released
automatically by Option 1
Transfer of Beneficial Rights.
Interim Funder interests are
released by the Member
named as Interim Funder
completing a Release of
Interim Funder transaction in
MERS

OnLine, batch
transaction 253 or via X12.
Servicer
Subservicer
Interim funder
Investor
Org ID
MIN
Interim funder
has released its
interests on a
MIN or the
interim funder
has been
removed by an
Option 1 TOB.
days activities.
MERS

System Reports 36
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
IC Interim Funder
Rejects
Mandatory Lists all release of interim
funding interests transactions
previous processing cycle
because of operator or system
error. The report indicates
and not just the first one the
system encounters unless the
first error is a problem with
the entire batch or security
access. If the first error is a
problem with the batch or
security access, the report lists
only that reason.
Interim funder
Organization that
initiated the
transaction
(Member)
Organization that
transmitted the
Org ID
MIN
Reject
reason
Interim funder
transaction has
rejected.
for processing.
IF Interim Funder
MIN
Information
Optional Lists all MINs that have had
an Interim Funder Org ID
added in the current
processing cycle.
Current
Servicer
Current
Subservicer
Current Interim
Funder

Registering
Member
Org ID
Servicing
Agent Org
ID
MIN
Interim Funder
has been added
to an active MIN
via an Update
transaction after
the MIN
Registration.
No Use for verification
purposes.

MERS

System Reports 37
Conversion Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
CF Conversion
Verification
Report
Mandatory Lists all MINs for an
organization where a
successful conversion
transaction occurred on
the reporting day.
Organization
initiating the
transaction
Organization
submitting the
transaction
Servicer
Subservicer
Investor
Interim Funder
Document Custodian

Registering
Member Org
ID
MIN

Successful
conversion
transaction.
days activities.
CG Conversion
Rejects /
Warnings
Report
Mandatory Lists all MINs for an
organization where a
warning or error occurred
in the processing of a
conversion transaction on
the current processing
day.
Initiating Member
Transacting Member
Org ID
Error Code
MIN
Warning or
error in the
processing of
a conversion
transaction.
No Use to verify current days
activities.

MERS

System Reports 38
Quality Assurance Reports
Monthly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
QE MINs Without
Originating
Organization
Mandatory A monthly report identifying
MOM and Non-MOM loans
registered since March 31,
2012, that are still missing an
Originating Organization 60
days after Registration. This
report is created on the last
Saturday of each month and is
a cumulative report.
Servicers
Subservicers (if
identified on the
MIN)
Investor
Registration
Date
Generated when:
Non-MOM loans
registered after
March 31, 2012 do
not contain either an
Originating Org ID
or Original Note
Holder
MOM loans
registered after
March 31, 2012 do
not contain an
Originating Org ID
At least 60 days have
passed since the
registration of the
loan.

Yes Update the Non-
MOM loans with
either an Originating
Org ID or Original
Note Holder
Update the MOM
loans with an
Originating Org ID
QM County
Unknown
Warnings
Mandatory If the County description on a
MIN contains County
Unknown, the report will be
generated for the Servicer and
Subservicer (if applicable).
iRegistrations are excluded
from this report.
Servicers
Subservicers (if
identified on the
MIN)
Property
state MIN
Active MINs with
County Unknown in the
County Legal
Description field
Yes Update the MIN with
the correct County
Description name or
FIPS code.
MERS

System Reports 39
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
QV Lite Member
Aged MIN
Servicing
Mandatory This report is generated for
each Lite Member identified
as the Servicer of a MIN with
a note date (or funding date, if
present) 90 days or more in
the past.
Current Servicer
Note Date One or more MINs
showing Lite Member
as Servicer and note
date (or funding date, if
present) 90 days or
more in the past
Yes Use for
reconciliation.
Initiate TOS or
TOS/TOB
transaction for MINs
that have been sold.
If actively servicing
MINs, contact
MERSCORP
Holdings to convert
to General
membership

MERS

System Reports 40
Associated Member Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
VA MIN
Milestones
Optional Generated when any milestone
transaction takes place on
MINs that have associated
Members identified.
Associated
Member
identified on the
MIN
Associated
Member
Transaction
Initiating
Organization
MIN within
Organization
Daily
transactions
that create
milestones
on the
MINs
No Use to verify that a
milestone transaction has
occurred on MINs that
have associated Members.
VB Change
Notification
Optional Sent to the old and/or new
Associated Member every
time there has been an
addition, change, or removal
of an Associated Member to
the MIN they are associated
with due to a registration or
update.
Associated
Members
identified on a
MIN that has
been affected
Associated
Members
Servicing Agent
MIN
Any time
there has
been an
add,
change, or
removal of
an
Associated
Member on
the MIN
due to a
registration
or update
No Use to verify there has
been an addition, change,
or removal of an
Associated Member to a
MIN due to a registration
or update.

MERS

System Reports 41
MERS
1-2-3 Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
PC Cancelled
Preliminary
Registration
Mandatory Lists MINs that were
Preliminarily Registered, and
canceled.
Intended Purchaser Intended
Purchaser
MIN
All canceled
preliminary
registrations
that occurred
within the
previous
processing
cycle.
Yes Use for verification
purposes.
PD Preliminary
Registration
Mandatory Lists the MINs that were
Preliminarily Registered the
previous processing cycle
Intended purchaser Intended
Purchaser
MIN
All preliminary
registrations
that occurred
within the
previous
processing
cycle
purposes.
RD MERS123
Reserved MINs
Mandatory Lists the new MINs that were
reserved within the previous
processing cycle
Intended
purchaser named
in the reservation
MIN All MINs
reserved within
the previous
processing
cycle
purposes.
RE MERS123
Reserved and
Preliminary
Registered MINs
Pending
Expiration
Warning
Mandatory Lists reserved MINs and
preliminary registered MINs
that have aged 48 months
and have not been registered.
These MINs will be removed
from the database on the
Archival Date shown on the
report.
The Org ID
names as the
Intended
Purchaser on the
reservation of
preliminary
registration
MIN Reservation or
preliminary
registration
No Review the report to
determine if any of the
MINs should be registered.
MERS

System Reports 42
MERS
eRegistry Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
EH Daily Duplicate
eNote Records
Mandatory
Provides information about
eNote Records registered or
updated on the current day
for which borrower and
property information match
another active MERS

eRegistry eNote Record.

Both eNote
Records
Controller,
Location and
Delegatee (if
named on the
eNote Record)

MIN
ascending
Matching
eNote Record
registered or
updated within
the MERS

eRegistry
since the last
report date.
days activities.
EJ Mis-matched
MIN/ eNote
Record
Mandatory
MINs registered in the
MERS
System on the
current day will have the
Borrower Names and
Property Address compared
to Borrower Names and
Property Address for the
eNote record registered on
the MERS
eRegistry with
the same MIN. The mis-
matched data is listed on the
report for each MIN.

Controller
Location
Delegatee (if
named on the
eNote Record)
Servicer
SubServicer (if
named on the
MIN)Investor

MIN ascending

MIN registered
on MERS

System on
current day for
which
information
does not match
the data stored
in like fields for
the same MIN
on an eNote
record in the
MERS

eRegistry.
days activities.
Monthly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
EI Monthly
Duplicate
eNote
Records
Optional
Provides information about
all active eNote Records for
which borrower and property
information match another
active MERS
eRegistry
eNote Record.

Both eNote
Records
Controller,
Location and
Delegatee (if
named on the
eNote Record)

MIN ascending
Matching
eNote
Records
Yes Verify active eNote
records.
MERS

System Reports 43
Miscellaneous Reports
Daily Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested
Action
AA Assumption
Verification
Report
Mandatory Lists all loans that
were successfully
assumed in the
previous
processing cycle
(batch and on-line).
Servicer
Subservicer
Investor
Document custodian
MERSCORP Holdings
Organization that initiated transactions (Member)
Organization that transmitted transactions (Vendor)
Org ID
MIN
Loan assumption No Use to verify
previous days
activities.
AB Assumption
Rejects/
Warnings
Report
Mandatory Lists all new batch
assumption
transactions that
previous
processing cycle.
Org ID
MIN
Reject
reason
Assumption
rejects
No Review the
messages,
correct the
errors, and
resubmit the
transaction for
processing.
MA Maintenance
Verification
Report
Optional Lists all loans that
were successfully
updated by
maintenance
transactions in the
previous
processing cycle.
Servicer
Subservicer
Interim funder
Document custodian
Investor
Org ID

Servicing

Agent

MIN
Maintenance
transactions
performed
No Use to verify
previous days
activities.
MB Maintenance
Rejects/
Warnings
Report
Mandatory Lists all
maintenance
transactions that
previous batch
processing cycle.
Indicates multiple
reasons for
rejection unless the
first error is a
problem with the
MIN or security
access.
Org ID
MIN
Reject
Reason
Maintenance
transaction
rejected
No Review the
messages,
correct the
errors, and
resubmit the
transaction for
processing.
MERS

System Reports 44

Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested
Action
MC Daily
Summary of
Activity
Report
Mandatory A non-cumulative
report that displays
summary totals for
activity that was
performed on the
current processing
day by a Member
or by another
Member on their
behalf. The report
reflects OnLine
Accepted, batch
accepted, and batch
rejected activity.
No transaction-
level or MIN-level
detail is included in
this report.
Initiating Member
Vendor/Service Provider, if
applicable

Performed For/By
Activity by Transaction
Code (ascending)
This report is
generated if
there is a MIN
transaction that
is successful in
MERS
OnLine
or a
successful/reject
ed transaction in
batch.

AAll transaction
types are
included, with
the exception of
MIN
Reservation or
any type of
inquiry on a
MIN.

No Use for
verification
purposes.
MF Batch File
Rejects
Report
Mandatory This daily report
lists batch header-
level and file
format errors
encountered with
Members flat
files.
Org that initiated the file
Org that transmitted the file

* Initiating Member Org ID
* Transacting Member Org
ID
* Severity
* File Name
* Message Sequence
Number
* Error Code
Flat file rejected No Review the
messages and
flat file
specifications,
correct the errors
in the file and
resubmit the file
for processing
ZC List of
Reports
Produced
Mandatory This report lists all
reports generated
on a given day and
the associated
record count.
All MERS System Members
MERSCORP Holdings Help
Desk
MERSCORP Holdings
Alphabetical by Report ID This report will
be generated
when there are
reports to be
listed on the
recap.
No Member will
verify which
reports it should
have received
and the number
of records.

MERS

System Reports 45
Weekly Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested
Action
MP User
Security
Audit
Optional This weekly report
identifies users for
the organization
and groups them
by Active, Deleted
and Disabled. It
also indicates if the
role assigned to the
user has System
Administrator
capabilities.
Initiating Org ID Active Users
User ID
Disabled Users
User ID
Deleted Users
User ID

All Users in
active Org IDs
Yes Use for
verification
purposes.
MERS
System Reports Handbook Release 22.0 6/4/12 List of MERS System Reports 46
On Request Reports
Rpt ID Name
Report
Type
Event
Trigger
Cum-
ulative
Suggested Action
OB Detail Portfolio
Analysis
Report
On Request This report is an on-demand,
customizable detail report
that provides Members the
means of identifying their
affiliation with a MIN.
Members may request and
schedule this report through
MERS

OnLine.
Member
requesting report
MIN
iRegistration
Non-Mom
Mom
Pool/Investor
Member
request
Yes Member audit
OC Summary
Portfolio
Analysis
Report
On Request This report is an on-demand,
customizable summary report
that provides Members the
means of identifying their
affiliation with a MIN.
Members may request and
schedule this report through
MERS

OnLine.
Member
requesting report
MIN Member
request
Yes Member audit

MERS
System Reports Handbook Release 22.0 6/4/12 Report Samples 47

Report Samples
Billing Reports
Monthly Reports
LB Billing
Reconciliation
Report

MERS

LD Monthly Billing
Transaction
Report

MERS

LE Monthly
Prepaid
Summary

MERS

Registration Reports
Daily Reports
PF Pre-Closing
Registration
Verification

MERS

PG Pre-Closing
Registration
Rejects/
Warnings

MERS

RA Seasoned
Registration
Verification

MERS

RB Seasoned
Registration
Rejects/
Warnings

MERS

RF Registration
Verification

MERS

RG Registration
Rejects/
Warnings

MERS

RH Registered
MINs for the
Same Primary
Borrower SSN,
Property and
First Lien
Daily

MERS

RK Registration
Reversal
Verification

RL Registration
Reversal
Rejects/
Warnings

MERS

Monthly Reports
RI Registered
MINs for the
Same Primary
Borrower,
Property, and
First Lien -
Monthly

MERS

Transfer of Beneficial Rights Reports
Daily Reports
BA Pending
Transfer of
Beneficial
Rights

MERS

BB Physical
Transfer of
Beneficial
Rights

MERS

BC Overdue
Transfer of
Beneficial
Rights

MERS

BD Expired
Transfer of
Beneficial
Rights

MERS

BF Transfer of
Beneficial
Rights Rejects

MERS

MERS

BG Canceled
Transfer of
Beneficial
Rights

BH MINs Deleted -
Transfer of
Beneficial
Rights

MERS

BI Investor
Removed by
Option 1 TOB

MERS

BJ Summary of
Transfer of
Beneficial
Rights Rejects

MERS

BL Modified Batch
Transfer of
Beneficial
Rights

MERS

Monthly Reports
BK Org ID to
Agency ID
Cross-
Reference
Report

MERS

Transfer of Servicing Rights Reports
Daily Reports

SA Pending
Transfer of
Servicing
Rights

MERS

SC Physical
Transfer of
Servicing
Rights

MERS

SD Expired
Transfer of
Servicing
Rights

MERS

SE Overdue
Transfer of
Servicing
Rights

MERS

SF Transfer of
Servicing
Rights Rejects/
Warnings

MERS

MERS

SG Canceled
Transfer of
Servicing
Rights

MERS

SH Current
Investor
Changed for
Pending TOS
Rights

MERS

SI MINS Deleted
from Pending
TOS Rights

MERS

SJ Modified Batch
Transfer of
Servicing
Rights

MERS

Deactivation Reports
Daily Reports

DA Foreclosure
Verification

MERS

DD Deactivation
Summary

MERS

DF Foreclosure
Reject Report

MERS

DI Past Due
Foreclosure
Terminations

MERS

DK Paid in Full
Verification

MERS

DL Transfer to
Non-MERS
Status
Verifications

MERS

DM Default by
Serv/Subserv
Servicing
Transferred to
Non-MERS
Member
Verification

MERS

DP Payoff Reject
Report

MERS

DQ Transfer to
Non-MERS
Status Rejects
Report

DR Default by
Servicer to
Non- Member
Rejects Report

MERS

Interim Funder Reports
Daily Reports
IA Co-Existing
Security
Interests

MERS

IB Release of
Security
Interest by
Interim Funder

IC Interim Funder
Rejects

MERS

IF Interim Funder
MIN
Information

MERS

Conversion Reports
Daily Reports
CF Conversion
Verification
Report

MERS

CG Conversion
Rejects /
Warnings
Report

MERS

Quality Assurance Reports
Monthly Reports
QE MINs Without
Originating
Organization

MERS

QM County
Unknown
Warnings

MERS

QV Lite Member
Aged MIN
Servicing

MERS

Associated Member Reports
VA MIN
Milestones

MERS

VB Change
Notification

MERS

MERS
1-2-3 Reports
Daily Reports
PC Cancelled
Preliminary
Registration

MERS

PD Preliminary
Registration

MERS

RD MERS123
Reserved MINs

MERS

RE MERS123
Reserved and
Preliminary
Registered MINs
Pending
Expiration
Warning

MERS

MERS
eRegistry Reports
Daily Reports
EH Daily Duplicate
eNote Records

MERS

EJ Mis-matched
MIN/ eNote
Record

MERS

Monthly Reports

EI Monthly
Duplicate eNote
Records

MERS

Miscellaneous Reports
Daily Reports
AA Assumption
Verification
Report

MERS

AB Assumption
Rejects/
Warnings
Report

MA Maintenance
Verification
Report

MERS

MB Maintenance
Rejects/
Warnings
Report

MERS

MC Daily
Summary of
Activity
Report

MERS

MF Batch File
Rejects
Report

MERS

MP User Security
Audit

MERS

ZC List of
Reports
Produced

MERS

On Request Reports
OB Detail Portfolio
Analysis
Report

MERS

OC Summary
Portfolio
Analysis
Report

MERS Reports HB Rel22

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Reports Handbook

System Reports Handbook Release 22.0 6/4/12 Table of Contents i

System Reports ................................................................................11

System Reports Handbook Release 22.0 6/4/12 Table of Contents ii

System Reports Handbook Release 22.0 6/4/12 Table of Contents iii

1-2-3 Reports ................................................................................................................. 41

eRegistry Reports ......................................................................................................... 42

System Reports Handbook Release 22.0 6/4/12 Table of Contents iv

System Reports Handbook Release 22.0 6/4/12 Table of Contents v

1-2-3 Reports ................................................................................................................. 99

eRegistry Reports ....................................................................................................... 103

System Reports Handbook Release 22.0 6/4/12 Introduction 1

System. You should

System daily with those created

System for thirty days. After six

System policies and procedures, and can help you determine

System impacts your business processes

System Integration Handbook, Volume I which provides

System Integration Handbook Volume II, which provides the

System Quality Assurance Procedures Manual which details

System requirements for Quality Assurance

System Lite Tool Kit which is useful for Lite Members

System Reports Handbook Release 22.0 6/4/12 Report Setup 2

OnLine provides monthly reconciliation reports and daily

System Reports Handbook Release 22.0 6/4/12 Report Setup 3

System Reports Handbook Release 22.0 6/4/12 Report Setup 4

System Reports Handbook Release 22.0 6/4/12 Report Setup 5

OnLine from the Reports

OnLine from the Reports menu:

System Reports Handbook Release 22.0 6/4/12 Report Setup 6

System processing date.

System Reports Handbook Release 22.0 6/4/12 Report Setup 7

System Reports Handbook Release 22.0 6/4/12 Report Retrieval 8

System provides scheduled monthly reports as well as daily

OnLine browser application or

System reports and/or data files to be picked

System daily processing. If you

System Integration project.

OnLine browser application, Internet

OnLine Main Menu.

System Reports Handbook Release 22.0 6/4/12 Report Retrieval 9

System Reports Handbook Release 22.0 6/4/12 Using Your Reports 10

System prior to 10 p.m.

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS

System Reports Handbook Release 22.0 6/4/12 List of MERS