Sentences with phrase «performs loan origination services»
In addition to servicing student loans, Aspire performs loan origination services for lenders with active private education loan programs for families who need assistance with college expenses.
https://www.aspireservicingcenter.com/
There's also a question of what constitutes reasonable compensation for performing loan origination services.
Not exact matches
While DiTech performed among the top 3 in JD Power's survey on mortgage originations, it was near the bottom of major lenders when it came to loan services.
First, determine that the loan origination services were actually performed.
In its «Statement of Policy 1999 - 1 Regarding Lender Payments to Mortgage Brokers,» HUD provided the following non-exhaustive list of services normally performed in the origination of a loan that it considers compensable services:
To receive fair and reasonable compensation, a loan originator must not only take the loan application but also perform an additional five services from a list of 13 origination functions.