image of man searching online what MERS is

Article Summary: The mortgage electronic registration system is an electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential properties. This saves lenders and the mortgage industry considerable time and money. You probably haven’t heard of the mortgage electronic registration system (MERS). That’s okay, few borrowers or […]

woman waits for debit card to be processed

Article Summary: Your debit card’s expiration date is the date listed next to the phrase “valid thru” or “good thru.” This date is the month and year (MM/YY) your debit card is valid until. In other words, the card expires after that day in that month. Typically, debit cards are only valid for two to […]