“The invasion of Ukraine is expected to result in instability for some time and could result in escalating cyber risks to our industry. As lending is a critical component of our nation’s infrastructure, we urge our members to remain extra vigilant for attempts to breach their systems through phishing and other attack methods.” --Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association.

Marketing compliance is as important as ever in 2022 for mortgage lenders and servicers, and staying on top of current trends and best practices is key to getting out ahead of regulatory scrutiny.

MISMO®, the real estate finance industry standards organization, seeks public comment on a new guide and sample credit response designed to help industry professionals using MISMO Reference Models v3.4 and v3.5 better report on loans that have been in or are in forbearance.