Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

Mortgage Lender • Typically borrows cash to fund loans • After funding: • sells the loan, or • holds the loan for investment • May retain servicing rights • Moderate to high risk

Internal Use Only

Mortgage Servicer In the business of receiving scheduled payments from a borrower pursuant to the terms of: • Mortgage note • Mortgage servicing documents or contract