Nmls study guide stuvia - Study guides, Class notes & Summaries

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NMLS Study Guide 2023-2024 with Complete Solutions
  • NMLS Study Guide 2023-2024 with Complete Solutions

  • Exam (elaborations) • 32 pages • 2023
  • NMLS Study Guide with Complete SolutionsNMLS Study Guide with Complete SolutionsNMLS Study Guide with Complete SolutionsNMLS Study Guide with Complete Solutions Portfolio Lender - ANSWER-Retail lender (ex. a bank, savings bank, credit union, or mortgage lender) that interacts directly with the borrower and actually makes the loan. If it holds, rather than sells, it's loans, it is called a portfolio lender. Correspondent Lender - ANSWER-Generally a smaller lender that takes apps and unde...
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