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Wholesale EMB Appraisal Management Addendum WHEREAS, Citizens and ___ (EMB) are parties to an Emerging Mortgage Banker Loan Purchase Agreement (Agreement) in order to enable EMB with the capacity
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Additionally, existing mortgage bankers may need emerging mortgage banker materials when applying for regulatory updates, renewals, or modifications to their licensing or business operations.
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Emerging mortgage banker materials are the documents and information required to be submitted by mortgage bankers who are considered to be emerging in the industry.
Emerging mortgage bankers are required to file these materials.
Emerging mortgage bankers must complete the required forms and provide all necessary information as outlined by the regulatory authorities.
The purpose of these materials is to provide transparency and accountability in the emerging mortgage banking sector.
Information such as financial statements, loan origination data, and business operations details must be reported on these materials.
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