In Brief: Alliance Formed to Push Electronic Registry Use

Mortgage Electronic Registration Systems Inc. has formed a strategic marketing alliance with four companies to speed the adoption of electronic registry and transfer of mortgages by lenders.

The four are Hamilton, Carter, Smith & Co., a financial advisory company; Hanover Capital Partners Ltd., a financial services company; MGIC Investment Services Corp., a mortgage insurer; and Stewart Information Services Corp., provider of a variety of mortgage title and closing services.

The companies will use their sales forces to recruit members for the system.

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