 | The Master Certified Mortgage Servicer (CMS) Specialist Designation reflects competency in all three specialized areas of residential mortgage servicing: Loan Administration, Financial Controls & Investor Administration, and Default Administration. Complete each of these CMS Specialist Designation programs to earn your Master CMS designation. |
Candidate Profile
- Individuals with a minimum of four or more years experience in residential mortgage servicing.
- Individuals who have completed all three tracks of the residential CMS Specialist Designation program.
CMS Learning Path
Get started on the path to earning your Master CMS today. Complete the CMS Loan Administration, Financial Controls and Investor Administration, and Default Administration programs to earn your Master CMS.
| 
| | Achievement Certificate
| Professional Certificate
| Specialist Designation
| Specialist Designation
| Professional Designation
| | Mortgage Servicer
(CMS Level I)
| Mortgage Servicer
(CMS Level II)
| Certified Mortgage Servicer (CMS)
| Master CMS
| Certified Mortgage Banker (CMB)
|
Specialist Designation Requirements
| Experience Level: | Candidate must have four or more years residential mortgage servicing experience before enrolling in the Master CMS program. | | Prerequisites: | Candidate must complete all three CMS Specialist Designation tracks. | | Education Requirement: | No | | Participation Requirement: | No | | Written Exam: | No | | Oral Exam: | Yes | | Continuing Education: | Yes, every two years. |
The Process
1. Enroll in the Master CMS program and submit a copy of your resume. You can enroll online, via mail, or fax. Once you enroll, you are a candidate.
Registration Fee
MBA Member: $300
Nonmember: $450
Online Registration
Master CMS Enrollment
Fax, Mail, or Express Mail Registration
Download the PDF Designation Enrollment Form to register by fax, mail, or express mail. Fax to (202) 721-0194.
2. Complete all three CMS Specialist Designation Tracks. You must complete the Loan Administration, Financial Controls & Investor Administration, and Default Administration CMS Specialist Designation tracks.
3. Pass the oral exam. Pass a half-hour oral exam via conference call given by a panel of mortgage servicing experts. You must register for this exam.
Exam Fee
MBA Member: $300
Nonmember: $450
Online Registration
Master CMS Exam
Fax, Mail, or Express Mail Registration
Download the PDF Designation Test Enrollment Form to register by fax, mail, or express mail. Fax to (202) 721-0194.
4. Get recognized. All Master CMS graduates will be recognized at the MBAs National Convention and Servicing Conference. Your photograph will be displayed and you will be asked to stand as your peers congratulate you on your success!
5. Complete continuing education. To remain in active status, Master CMS designees must complete five points of continuing education every two years. Continuing education points can be earned by successfully completing one of the applicable servicing courses not previously taken or by attending MBA conferences and/or conventions. Prior to the end of the two-year period, designees must complete the Designation Continuing Education reporting Form and submit $100 re-accreditation fee.
Support for the CMS Designation
 | Thanks to Lender Processing Services (formerly part of Fidelity National Information Services) for its support of the CMS Designation.
LPS's servicing courses and content have been implemented into the program curriculum to complement CampusMBA's current offerings to the real estate finance industry.
|
|