As capital markets have been affected by the COVID-19 outbreak, brokers are returning to a model of brokering loans to private investors and retaining servicing rights to the loan. This provides a recurring source of revenue, separate from the origination fees and other charges collected at loan closing. Having a strong servicing agreement in place …

[COVID-19] 5 Terms to Include in Your Servicing Agreement with Lenders If You Are Brokering Loans Read More »