The Mortgage Industry Standards Maintenance Organization has added over 40 standardized fee names to a dictionary it created and is seeking public comment on the revisions. The 30-day public comment period on those updates runs through Aug. 7. “MISMO developed this guide to promote the uniform usage of fee names and descriptions for the purpose […]
MISMO adds 40 definitions of fee charges to reference guide Read More »
Synergy One Lending’s CEO Steve Majerus is taking a stand against “toxic” recruiting culture. In a company-wide address, Majerus bemoaned “unscrupulous” recruiters who have recently conjured up “outrageous” claims in an effort to recruit away Synergy’s top talent. “The claims about financial instability or margin calls and challenges… are not only false and completely fabricated,”
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The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, “effectively disbanding” a program that sought to eliminate racial bias in the appraisal process. The directive primarily applies to two rules. One required appraisers and mortgage lenders to comply with the
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