Complete Package for Correspondents and Brokers
The correspondent performs all the same functions as a lender, except they may table-fund, or have non-delegated underwriting or closing document preparation. There is still substantial operational risk in the correspondent business model, so the principals must have operating controls for all positions. This package fulfills the requirements for a written supervisory plan, and also serves as a complete business plan.
The correspondent package allows the entity to acquire all of the procedures necessary to manage the business and comply with laws, and allows the company to upgrade to additional elements if the model changes in the future.
Package Contains
Origination
Processing
IT/Information Security
Mortgage Operations w/ employee handbook
Investor/Agency Quality Control and Broker QC Plan
Regulatory Compliance
The correspondent package allows the entity to acquire all of the procedures necessary to manage the business and comply with laws, and allows the company to upgrade to additional elements if the model changes in the future.
Package Contains
Origination
Processing
IT/Information Security
Mortgage Operations w/ employee handbook
Investor/Agency Quality Control and Broker QC Plan
Regulatory Compliance
Purchase complete Correspondent or Mortgage Broker Package
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Price: $995
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