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#2225721 - 11/15/19 07:32 PM Loosing Small Servicer Status
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
What thresholds would a bank have to meet to lose small servicer status? Not only in number of loans produced but what if the loans and their servicing were sold w/I 2 weeks of closing/booking/funding? Any help would be appreciated. Thanks,
Last edited by HRH Okie Banker; 11/15/19 07:33 PM. Reason: Spelling it title is embarrassing
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Mortgage Servicing Rules
#2225722 - 11/15/19 07:40 PM Re: Loosing Small Servicer Status HRH Okie Banker
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,254
Galveston, TX
5,000 loans if you are servicing just your loans or ones to which you have received an assignment and you service for no other third parties.
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