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WHOLESALE LENDING BALANCE PROGRAM GUIDE Jumbo Salable Literate Program GENERALFixedrate, fully amortizing loans with terms of 20, 25, or 30 years. Guidelines included in this Balance apply to the
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What is wholesale lending - at-a-glance?
Wholesale lending is the practice of lending to entities such as mortgage brokers instead of individual borrowers.
Who is required to file wholesale lending - at-a-glance?
Financial institutions engaged in wholesale lending activities are required to file wholesale lending reports.
How to fill out wholesale lending - at-a-glance?
Wholesale lending reports can be filled out electronically through the designated reporting system.
What is the purpose of wholesale lending - at-a-glance?
The purpose of wholesale lending is to provide liquidity to the mortgage market through indirect lending channels.
What information must be reported on wholesale lending - at-a-glance?
Information such as loan amounts, interest rates, and borrower demographics must be reported on wholesale lending reports.
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