Introduction to Mortgage Servicing Examination Training eBook

Internal Use Only

Prudential Servicing Standards

Capital Minimum Capital

•Minimum Net Worth: $2.5 million •ADD 25 bps of Enterprise Servicing •ADD 35 bps of Ginnie Mae Servicing •ADD 25 bps of PLS & Other Servicing Capital Ratio ≥ 6% •Tangible Net Worth / Total Assets

Internal Use Only

Prudential Servicing Standards

Liquidity

Special Note: Consistent with Fannie Mae, Freddie Mac and Ginnie Mae, allowable sources of liquidity shall not include unused/available portions of committed servicing advance lines of credit or other unused/available portions of credit lines such as normal operating business lines.