![]() The term Mortgage Planner was first coined by Tim Hester to mark a clear distinction between the new approach to mortgage origination and the existing practices encompassed by mortgage brokering. The terms certified mortgage planning and certified mortgage planner were first used by the NAMP ( National Association of Mortgage Professionals). The term "certified mortgage planner" is an effort to validate through education and subsequent certification a mortgage originator that has had specific training for the purpose of incorporating the mortgage decision with a Borrowers short and long-term financial objectives. The term "mortgage planner" has been adopted as a generic niche term for mortgage originators who choose to assist borrowers on a more personal level by incorporating the mortgage decision with a borrowers short and long-term financial objectives. In the United States certified mortgage planner is a designation for the purpose of establishing a new professional category in the mortgage sector: one that arose as a response to criticisms of the mortgage banking industry. JSTOR ( December 2006) ( Learn how and when to remove this template message).Unsourced material may be challenged and removed.įind sources: "Certified mortgage planner" – news Please help improve this article by adding citations to reliable sources. Debt collectors dealing with older loans where the statute of limitations has not run should consider attempting additional communications with borrowers before initiating foreclosure proceedings, to mitigate borrower surprise and to avoid increased attention from the CFPB.This article needs additional citations for verification. ![]() They should also be mindful that another issue identified by the CFPB was debt collectors’ failure to sufficiently communicate with borrowers.
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