Check the back of your MTH owners manual.
The Lionel CW-80 transformer is NOT on MTH's list of compatible/ recommended transformers.
Additionally, the resistive load thing is a CW- 80 design. A load is required just to get a correct voltage reading.
Its strange to me while Lionels most common entry level transformer was engineered with these oddities.
Heres something I posted to my own thread on the electrical forum while trying to descern these CW-80 quirks myself while using one to power accessories.
From Dale Manquens "Trainfacts "website:
"Each of the Triacs is bypassed by a resistor and capacitor in series to reduce transients across the Triacs. NOTE: These rather large 1 uF capacitors will cause misleading output voltage readings on a high-impedance digital voltmeter if there is little or no resistance connected from A or B to U at the output. The impedance of the capacitor, even with the Triac shut off, will be much lower than the input impedance of the digital voltmeter, causing virtually the entire available 18 VAC to appear across the meter. When testing this transformer, add a light bulb across the output being tested. The bulb will not only offer a low resistance shunt to help the meter read correctly, but it will also give a visual indication of what is happening with the output voltage as the lever is changed or the Accessory voltage is programmed."