Secondary Marketing - with Loan Officer Compensation and Secondary Loss Mitigation
Many companies have defined secondary marketing policies and procedures, but they have not assembled them into a comprehensive collection. Or you may be trying to formulate policies and procedures for a company without a formal plan. This template contains all of the basic elements required for a secondary marketing plan. Since pricing is integral to loan originator compensation, we also include a template for Loan Officer Compensation. In addition, we provide a secondary loss mitigation policy which includes standard strategies for dealing with repurchase, defects and re-packaging and resale of unsalable loans.
Table of Contents/Sample