Tag: "namb"
Fiduciary Duties for Mortgage Brokers and LOs
In October of 2007, Andrea Negroni wrote an article for Mortgage Banking Magazine titled “Mortgage Brokers–What Fiduciary Duties Exist?” Negroni provides a framework for mortgage brokers to begin learning about case law already on the books where courts have imposed fiduciary duties on brokers. The National Association of Mortgage Brokers has been quite insistent that [...]
View PostMortgage Industry Codes of Ethics
Read the Code of Ethics from these three trade organizations. Don’t worry; it will be a very fast read. National Association of Mortgage Brokers National Association of Mortgage Women For the Mortgage Banker’s Code, follow this link and click on “cannons” from the menu on the left. What’s missing? Could some of these phrases be re-worded? [...]
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