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DELEGATED CORRESPONDENT PROFILE Contact Information: Legal Name: ___ (All documents and security instruments must reflect the legal name above) Physical Address: ___ City: ___State: ___Zip Code: ___Mailing

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Gather all necessary information and documentation required for the non-delegated correspondent agreement.

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Fill out the agreement accurately, ensuring all required fields are completed.

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Submit the completed agreement to the appropriate party for review and approval.

Who needs non-delegated correspondent agreement?

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Mortgage brokers looking to work with lenders but do not want to take on the underwriting process themselves.

02

Lenders who want to work with mortgage brokers but do not want to delegate the underwriting decision-making process.

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What is non-delegated correspondent agreement?

A non-delegated correspondent agreement is an agreement between two parties that outlines the responsibilities and obligations of each party in a correspondent relationship where the correspondent retains the decision-making authority.

Who is required to file non-delegated correspondent agreement?

The parties involved in the correspondent relationship are required to file a non-delegated correspondent agreement.

How to fill out non-delegated correspondent agreement?

To fill out a non-delegated correspondent agreement, both parties must provide all relevant information about their roles, responsibilities, and decision-making authority in the correspondent relationship.

What is the purpose of non-delegated correspondent agreement?

The purpose of a non-delegated correspondent agreement is to clearly define the terms of the correspondent relationship and ensure that both parties understand their rights and obligations.

What information must be reported on non-delegated correspondent agreement?

The non-delegated correspondent agreement must include details about the roles and responsibilities of each party, the decision-making authority of the correspondent, and any restrictions or limitations on that authority.

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