Wholesale Quality Control And Broker Monitoring Policy Manual
HUD requires that DE mortgage lenders, also called FHA sponsors, perform quality control on the loans they fund from mortgage brokers and correspondents. Referred to as "wholesalers," these lenders must follow specific quality control steps for both government and conventional loans when approving and monitoring third party originators. You'll find these details, monitoring steps and more in the AllRegs Wholesale Quality Control & Broker Monitoring Policy Manual.
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