The educational wing of the Mortgage Bankers Association has awarded 13 mortgage executives the designation of Certified Mortgage Servicer.The designations were given out during a ceremony at Fidelity National Information Services headquarters in Jacksonville, Fla., on Sept. 15. Graduates received the CMS designation in one of three areas of concentration: loan administration, financial controls/investor administration, and default administration. To be eligible for the CMS designation, which was launched early last year, candidates must amass a total of 63 points through a combination of industry experience and CampusMBA course work. After accumulating the points, candidates must also pass a three-hour online examination.
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The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
May 9 -
The agreements at the heart of the hearing did not cover the one reached with the National Association of Realtors or those people that only bought homes.
May 9 -
Feds say Chicago businessman Mark Steven Diamond defrauded at least 80 victims and caused at least $6 million in losses.
May 9 -
Fannie Mae's tool, used by originators to determine income levels for self-employed borrowers, aims to help them avoid potential underwriting errors, the government-sponsored enterprise said.
May 9 -
The 30-year fixed rate mortgage fell for the first time in six weeks as the Federal Open Market Committee meeting outcome is finally priced in.
May 9