The Mortgage Bankers Association’s advocacy arm is pushing for a permanent exception in Massachusetts that would allow for remote counseling for its members. This move comes as the industry continues to adapt to the changing landscape brought on by the pandemic, with many lenders and borrowers now relying on virtual interactions for their mortgage needs. The MBA is urging its members in Massachusetts to reach out to their lawmakers in support of this important change to ensure that remote counseling remains a viable option for the long term.
Key points:
– MBA’s advocacy arm
– Pushing for permanent exception in Massachusetts
– Remote counseling
– Importance of virtual interactions in the current mortgage industry landscape
– Call to action for Massachusetts members to contact lawmakers
You can read this full article at: https://www.housingwire.com/articles/mba-advocates-for-remote-reverse-mortgage-counseling-in-mass/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.