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Procedures and Requirements for Mortgage Brokers to Act as FHA Mortgage Loan Correspondents | Midpage
Collections
New York Codes, Rules and Regulations
Title 3
Chapter III
Subchapter B. Non-Banking Organizations
Part 413
Procedures and Requirements for Mortgage Brokers to Act as FHA Mortgage Loan Correspondents
Banking
413.1
Authorization to act as an FHA mortgage loan correspondent.
413.2
Definitions.
413.3
Minimum standards required for approval.
413.4
Application procedures for mortgage brokers to obtain the approval of the superintendent to make FHA insured mortgage loans.
413.5
Approval or denial of applications to make FHA insured mortgage loans.
413.6
Duties of a mortgage broker approved to act as an FHA mortgage loan correspondent.
413.7
Duties of a sponsor.
413.8
Suspension or termination of approval to act as an FHA mortgage loan correspondent.