MISMO Issues Standardized Closing Instructions

Mortgage Bankers Association

Participants across the industry have collaborated effectively to produce these closing instruction templates, which enable lenders to provide consistency in what's included and where to find it," said Kate Steineman, Senior Vice President and Business Liaison Manager with Wells Fargo Home Mortgage. "Closing instructions communicate important loan details and requirements, and these templates mean settlement partners will no longer have to search through pages of instructions for information they need. As a lender, we all win through increased efficiency, quality and happy customers... Read More Here!