BOARD OF DIRECTORS

Wyoming Mortgage Lenders Association

CODE OF ETHICS

The Wyoming Mortgage Lenders Association (WMLA) is a trade association composed of mortgage lenders, brokers and affiliated industry associates.  The association is dedicated to the preservation and improvement of the mortgage lending system.  The WMLA Board of Directors encourages its members to use sound and ethical business practices in the making, marketing and servicing of mortgage loans. We promise to keep our members informed of changes in the mortgage laws and pending legislation that affect the real estate and mortgage business.


Officers:
President - Brittney Winges 
Vice President - Kimberly Woodworth 
Treasurer - Brenda Sanders
Secretary - Kelly Loveland

Board Members:
Kristy Williams
Melissa Morris

John Whitson 
Wendy Kindel            
Michael Redman
Mike Rewerts

Lori McLean

Angie Pyle

Shannon Moore

Christina Horner

Members at Large:
Erin Schmidt
Carol Wilson
Dave McGill

John Armstrong
Paige Omohundro

Bessie Cantrell

Alexandra Erlich

​Brent Nichols

All members of the Wyoming Mortgage Lenders Association have read and signed this Code of Ethics Certification. If you are interested in joining WMLA, you will be asked to confirm that your company subscribes to these standards as part of the application process.

WHEREAS, the Members of the Wyoming Mortgage Lenders Association are mindful that the soundness, usefulness, prosperity and future of mortgage lending depend upon the honor, integrity and fidelity of all personnel engaged in this business.

THEREFORE, BE IT RESOLVED, that each Member of this Association pledges to observe and maintain the following standards of conduct in dealing with the public and with other members:

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1: Members shall conduct their business in a professional manner, ensuring that their personnel are knowledgeable in the areas of mortgage lending in which they participate and are acting in compliance with sound industry practices.
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2: Members shall act in conformity with applicable laws and regulations and shall cooperate in every appropriate way with all governmental bodies in the interest of establishing and maintaining an efficient and fair framework for mortgage credit.
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3: Members shall act in a manner that recognizes that integrity and confidence are essential in the mortgage lending business.
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4: Member shall accord oral agreements the same sanctity given to written agreements.
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5: Members shall not breach or avoid an agreement or commitment.
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6: Members shall encourage healthy competition in the mortgage lending business.
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7: Members shall conduct their business without regard to race, creed, color, sex, marital status, familial status, religion, national origin, ancestry, age or handicap of the persons with whom they deal.
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8: Members shall preserve the integrity of all parts of a loan submission and appraisal report and make full disclosure of all pertinent facts including any interest they may have in the loan project or property.
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9: Members shall not quote to a prospective borrower interest rates or loan terms which are not likely of realization.
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10: Members shall make all reasonable efforts to process loan applications and advise applicants of approval or disapproval promptly and to close arid disburse in
a timely manner.
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11:  Members shall use all efforts available in servicing investments entrusted to their care to effectively discharge their obligations to both investor and debtor.
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12: Members shall maintain all monies which are received as escrow reserve or impound accounts in a prudent and identifiable manner and shall disburse these
funds for the for the purpose for which they were received or as required by law.
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13: Members shall cooperate with the Ethics and Consumer Relations Committee in furnishing information relative to any investigation of a possible violation of
the Code of  Ethics.