Christopher Mcentee News Today

In the first quarter of 2022, the average cost to originate a mortgage for an independent mortgage bank was more than $10,000 per loan.

The ability to produce a cohesive, visible audit trail is “like nirvana” for lenders, ICE Mortgage Technology Vice President Christopher McEntee said.

The Mortgage Industry Standards Maintenance Organization, or MISMO, has announced its Board of Directors for 2022. According to the Mortgage Bankers Association, which appoints all of MISMO's directors and chairs, the real estate finance industry's standards organization collaborates across the industry to create essential standards that expedite the exchange of information, accelerate the industry's move to a fully digital mortgage process, and establish best practices to address...