Introduction to Mortgage Servicing Training - October 2023

402 Net Marketing Gain (Loss) on Loans and MBS sold with servicing released including the Servicing Release Premium $

494,003,126 (31,950,366)

403 Net Gain (Loss) on Sales of Servicing Rights 404 Net Gain (Loss) from Servicing Valuations 405 Net Gain (Loss) on Sale of Securities

$

$ (578,422,649)

$ $ $

—

406 Net Gain (Loss) on Sale of REO

(494,668)

407 Retail Origination Fees

—

408 Net Loan Administration Income 409 Correspondent and Broker Fee Income 410 Other Retail Origination Income

$ 1,323,171,099

$ $

10,751,304 991,676,477

411 Other Income (Loss) Related To Mortgage Lending Activities 412 Other Income (Loss) Not Related To Mortgage Lending Activities

$ (864,572,822)

$

38,152,722

413 Total Revenue

$ 11,679,871,813

Statement of Equity Line

Title

Value

500 Balance at Beginning of the Year, as Reported

$ 7,452,926,854

501 Prior Period Adjustments

$

—

502 Balance at Beginning of the Year, Restated

$ 7,452,926,854 $ 5,745,294,444 $ (5,329,857,120)

503 Net Income

504 Dividend / Distribution

505 Contributions - from Cash Flow Statement

$ $ $

35,530,697 7,855,450 96,967,752

506 Contributions - non-cash

507 Other Equity 508 Ending Balance

$ 8,008,718,077

Net Worth Line

Title

Value

600 FHA Servicing Portfolio

$ 51,767,113,981 $ 25,476,185,297

601 FHA Originations 602 FHA Purchases

$

26,266,092

603 Subtotal - FHA Loan Activity

$ 77,269,565,370 $ 25,467,938,089

604 FHA Origination Servicing Retained 605 FHA Purchase Servicing Retained 606 Subtotal - Servicing Retained Adjustments 607 Total Adjusted FHA Loan Activity 608 Net Worth Required Baseline 609 Additional Net Worth Required 610 Total Minimum Net Worth Required 611 Member’s Equity - Ending Balance

$

26,266,092

$ 25,494,204,181 $ 51,775,361,189

$ $ $

1,000,000

517,503,612

2,500,000

$ 8,008,718,077

612 Total Unacceptable Assets

$

86,019,674

613 Adjusted Net Worth

$ 7,922,698,403 $ 7,920,198,403

614 Adjusted Net Worth Above/Below Required Minimum Amount

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