Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

Mortgage Servicer

Sub-Servicer • Does servicing on behalf of master servicer • Receives monthly fixed per-loan fee

Internal Use Only

Mortgage Servicer • Servicers must advance funds • To investors, in case of borrower default • To insurers and tax assessors, if

escrow account underfunded Moderate to high risk

• Sub-servicers don’t have those risks.