Fee Collaboration Development Workgroup

Join MISMO's Fee Collaboration 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 you may join the collaboration site that has been established on "MISMO Connect".  If you are not a member of MISMO, let us know that you would like to participate by sending an email to info@mismo.org .  For information on how to become a MISMO Member, see here.

Leadership

Suzannne Garwood , JPMorgan Chase, Chair

Workgroup Meeting Schedule