In a recent update to its settlement FAQs, the trade association announced that steering has been “eliminated” as a result of the commission lawsuit settlement agreement. This development marks a significant milestone in the ongoing efforts to address unethical practices in the mortgage industry. The association’s proactive approach to tackling this issue demonstrates its commitment to upholding industry standards and protecting consumers.

Key points from the update include:

– Steering has been eradicated by the commission lawsuit settlement agreement
– The trade association is dedicated to ensuring ethical practices in the mortgage industry
– The update reflects the association’s ongoing efforts to protect consumers and uphold industry standards

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