The Mortgage Industry Standards Maintenance Organization (MISMO) on Tuesday announced the publication of a new white paper, “Fee Standardization in the Mortgage Industry,” outlining how its consumer-facing charge and fee guide can improve consistency and reduce costs tied to mortgage fee disclosures.

Released in September 2025, the guide replaces inconsistent free-text fee descriptions with a standardized library of about 200 fee types and definitions aligned with the MISMO Reference Model. The organization said the framework is intended to support clearer, more comparable disclosures for borrowers and more efficient fee transmission throughout the mortgage sales and servicing process.

“Fee naming has details ⇒

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