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#2253428 - 05/04/21 04:12 PM Affiliated Business Arangement Disclosure
MortComp Offline
Junior Member
Joined: Nov 2020
Posts: 35
As a secondary market mortgage department for a bank, if the bank has ownership in an investment company is that required to be disclosed on an Affiliate Business Arrangement if this service is not mortgage or real estate related?

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#2253434 - 05/04/21 05:05 PM Re: Affiliated Business Arangement Disclosure MortComp
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
I see no application of 1024.15 in that scenario.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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