This is not legal advice for your situation*

Updated Form: Florida Mortgage Brokerage Services Agreement

Document Systems, Inc. ("DSI") has updated its Florida Mortgage Brokerage Services Agreement (FLMBBSA.MSC) pursuant to Senate Bill 1824. In the "Mortgage Brokerage Fee" section, the Agreement now provides for the total amount of the mortgage brokerage fee, comprised of the amount(s) paid by the borrower and the lender.  In the "Lender Compensation" area under this section, we removed the range of fees to be paid by the lender and added the maximum amount that the broker could be receiving from the lender (i.e., YSP). These changes became effective October 1, 2007.  If you have any questions concerning this disclosure, please contact Customer Service, at (800) 649-1362.




*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.