Although the sources of revenue attributable to the origination function are technically origination fees and secondary marketing profits, another potential source is ________.

Question

Quizplus · Accepted Answer

All of these options are potential sources of revenue attributable to the origination function. The origination company can earn revenue by servicing the mortgages they originate, collecting monthly payments from mortgagors, forwarding the proceeds to the owners of the loan, sending payment notices, and reminding mortgagors when payments are overdue. These activities are crucial to ensure that the loan runs smoothly and the borrower is fulfilling their obligations.

Although the Sources of Revenue Attributable to the Origination Function