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Correspondent Lending Chase DU/LP Overlay Matrix Agency Collateral Overlays Topic Source/Reference 2070 & 2075 Appraisals CB12-18 Appraiser Requirements CP/Collateral/Appraiser Requirements Appraisal

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What is correspondent lending?

Correspondent lending is a mortgage lending process in which a lender originates loans on behalf of a third-party investor or financial institution.

Who is required to file correspondent lending?

The financial institution or lender that originates loans on behalf of third-party investors is required to file correspondent lending.

How to fill out correspondent lending?

Correspondent lending is filled out by providing detailed information about the originated loans, including borrower information, loan terms, and financial details.

What is the purpose of correspondent lending?

The purpose of correspondent lending is to provide an avenue for lenders to access additional capital to fund more loans while reducing their own risk exposure.

What information must be reported on correspondent lending?

Correspondent lending requires reporting of borrower information, loan terms, loan amount, interest rates, and any other relevant financial details.

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