Fee Collaboration Development Workgroup
Join MISMO's Fee Naming DWG!
The mission of the MISMO Fee Collaboration Development Workgroup is to collaborate to create a set of expected fee names and definitions for the Loan Estimate and Closing Disclosure; and identify the party appropriate to name and define the expected fee based on knowledge of business practices and regulatory requirements.
Develop and promote consistent application of fee names and definitions that will help everyone "speak the same language" and support industry efforts to comply with regulations, saving everyone time, money, and effort.
Current Goals and Objectives
- Create a set of expected fee names and definitions
- Identify the party appropriate to name and define the expected fee based on knowledge of business practices and regulatory requirements
- Define a strategy for adoption and utilization of the work product
If you are interested to participate with this group and are already a MISMO member join the collaboration site that has been established for this group. If you are not a member of MISMO, let us know that you would like to participate by sending a message to email@example.com.
Suzannne Garwood , JPMorgan Chase, (Chair)