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Month: March 2008

reviewing two definitions while I work….

THESE ARE TWO DEFINITIONS TAKEN FROM THE PROPOSED RESPA RULES:Mortgage broker means a person (notan employee of a lender) or entity thatrenders origination services in a tablefunded or intermediary transaction. Aloan correspondent approved under 24CFR 202.8 for Federal HousingAdministration programs is a mortgagebroker for purposes of this part.Origination service means any serviceinvolved in the Click …

reviewing two definitions while I work…. Read More »