
Get the free Wholesale amp Correspondent CD Guide - Platinum Mortgage Inc
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PLATINUM MORTGAGE WHOLESALE CORRESPONDENT CLOSING DISCLOSURE GUIDE This guide has been prepared to assist Platinum third party originators understand how the Closing Disclosure form is completed.
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What is wholesale amp correspondent cd?
Wholesale amp correspondent cd refers to the report that must be filed by certain financial institutions to provide information about their wholesale and correspondent lending activities.
Who is required to file wholesale amp correspondent cd?
Financial institutions such as banks, credit unions, and lenders are required to file wholesale amp correspondent cd.
How to fill out wholesale amp correspondent cd?
The wholesale amp correspondent cd can be filled out electronically through the appropriate regulatory agency's online portal or by submitting a paper form with the required information.
What is the purpose of wholesale amp correspondent cd?
The purpose of wholesale amp correspondent cd is to increase transparency in the lending market, monitor lending activity, and ensure compliance with regulatory requirements.
What information must be reported on wholesale amp correspondent cd?
The wholesale amp correspondent cd must include information about loans originated, purchased, sold, and brokered, as well as details about the borrowers and loan terms.
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