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#2224838 - 10/30/19 10:39 PM definition of affiliate
ADN Offline
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Joined: Mar 2007
Posts: 205
What definition of affiliate should we to reference when trying to determine if we qualify for the small servicer exemption?

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Mortgage Servicing Rules
#2224840 - 10/30/19 11:18 PM Re: definition of affiliate ADN
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 79,294
Galveston, TX
It defaults to 1032.(b)(5)

Affiliate means any company that controls, is controlled by, or is under common control with another company, as set forth in the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.).
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