- This topic has 6 replies, 3 voices, and was last updated 12 years ago by .
-
Topic
-
We are a small community bank with well under $5,000 mortgage loans. We do, however, take payments for a scholarship loan program funded by a local attorney–some of which are secured by the borrower’s primary residence. We do not fund the loans, take action on the loans, report to the IRS or act as the creditor in any way aside from taking their payments. Does this knock us out of the Small Servicer Exemption? Thoughts?
Viewing 6 replies - 1 through 6 (of 6 total)
Viewing 6 replies - 1 through 6 (of 6 total)
- You must be logged in to reply to this topic.