Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

Mortgage Servicer

Mortgage Servicing Rights (MSRs)

Lenders may retain or sell MSRs into the market

Master servicer may service loan, or contract out to a sub-servicer

MSR Owner must advance funds: • To investors, in case of borrower default • To insurers and tax assessors, if escrow account underfunded Moderate to High Risk

Internal Use Only

Hybrid

Companies conduct combinations of activities on the prior slides • i.e., Broker/Lender, Lender/Servicer, etc.