Annual Client Recertification - The Money Source

Annual Client Recertification

Each year, The Money Source Inc. (hereinafter "The Money Source" or "TMS") is required by various agencies and regulators to recertify our correspondent clients. Please complete the attached questionnaire and return along with all supporting documents via email to Recertification@. Please direct all questions to your Account Representative.

The following items are REQUIRED FOR RECERTIFICATION:

Annual Recertification Form ? all pages and items must be completed. Should any section not apply, enter N/A.

Authorization to Release Information ? the updated Authorization to Release Information must be completed by each principal owning 10% or more of the company.

Current Balance Sheet ? dated within 90 days of this recertification, signed by an officer of the company. Current Profit & Loss Statement (also known as an Income Statement) ? dated within 90 days of this

recertification, signed by an officer of the company. Most recent year-end audited financials Aged Warehouse Report (current within two weeks of recertification) Uninsured Loan Report from FHA Connection Copy of Current E&O and Fidelity or Surety Coverage Insurance (Declaration Page) Current Organization Chart Current Quality Control Plan and most recent 3 months QC reports with management responses Most recent Investor Scorecards Appraisal Independence Requirement (AIR) Plan

Attachments to be executed:

Affiliate Relationship Form KISS Contact Sheet TMS Fair Lending Form Zero Tolerance Fraud Policy

For clients with Third Party Origination approval, please provide the following in addition to your recertification package for review:

TPO (Third Party Originator) Approval Policy & Procedure (including Monitoring) TPO Client List (including full legal name and NMLS number)

*If you are seeking TPO approval, and are not currently setup, please provide the above-mentioned documents to Clients@ for consideration.

Failure to provide all documentation will result in the termination of your approval with our company. Once terminated, should you desire to reapply in the future you will be required to submit a new complete Correspondent Application Package.

The Money Source Inc. | 135 Maxess Road, Melville, NY 11747 | Correspondent. | NMLS #6289 | Equal Housing Lender

Revised: December 3, 2019

Annual Client Recertification

General Business Information

Sales Representative:

Company Name: Main Office Address: Phone: Email: Business Entity Type:

Date:

Tax ID: NMLS #:

HUD Approval #: VA Approval #: USDA Approval (Yes/No): FDIC Approval #:

FNMA Approval #: FHLMC Approval #: GNMA Approval #:

To ensure timely resolution for all post purchase issues, please identify specific points of contacts for these areas.

Name: Email:

Post-Closing Title:

Phone:

Name: Email:

Accounting Title:

Phone:

The Money Source Inc. | 135 Maxess Road, Melville, NY 11747 | Correspondent. | NMLS #6289 | Equal Housing Lender

Revised: December 3, 2019

Annual Client Recertification

Ownership

Has there been a change in ownership in the past 12 months? If yes, please provide resumes for the new owners.

Yes

No

Please provide information for all owners with an ownership interest of 10% or more of the company. Minor stakeholders should be listed, but are not required to provide the below personal information. The company's ownership must be represented 100%. All owners with an ownership interest of 10% or more must provide ALL information and execute this package, specifically the Authorization to Release Information.

Principal #1 Name: Home Address: % of Ownership:

Title: SSN:

DOB:

Principal #2 Name: Home Address: % of Ownership:

Title: SSN:

DOB:

Principal #3 Name: Home Address: % of Ownership:

Title: SSN:

DOB:

Principal #4 Name: Home Address: % of Ownership:

Title: SSN:

DOB:

Minor stakeholders (owning less than 10% of the company)

Name: Name: Name: Name: Name:

% Ownership: % Ownership: % Ownership: % Ownership: % Ownership:

The Money Source Inc. | 135 Maxess Road, Melville, NY 11747 | Correspondent. | NMLS #6289 | Equal Housing Lender

Revised: December 3, 2019

Annual Client Recertification

If more room is needed, please attach a separate form including all information required herein.

Production Information

Units Dollars $ % Refinance

Units Dollars $ Total Non-

QM

Dollars $

Loan Production

FHA

VA

USDA

Conv.

Other

Total

Prior 12 Months

$ %

$

$

%

%

Total YTD

$ %

$

%

%

$

$

$

$

$

% Total Jumbo

% MTD

$

#

Production

12-Month Projection

$

$

$

$

$

Monthly Origination

Serv Released

% Serv. Retained

% Best Effort

% Mandatory

%

Fixed

%

ARM

%

Retail

%

TPO

%

BE Conv

%

BE Gov

% BE Jumbo

% BE Other

%

Other

%

Investor Approvals

Total of how many investors are you approved

with:

How many investors did you sell to in the prior month?

Total conventional business

Best Effort:

% Mandatory:

%

Total government business

Best Effort:

% Mandatory:

%

Investor:

%

Top three conventional investors and the

breakdown (%) of volume delivered to for each. Investor:

%

Investor:

%

%

Top three government investors and the

Investor:

breakdown (%) of volume delivered to for each. Investor:

%

Investor:

%

The Money Source Inc. | 135 Maxess Road, Melville, NY 11747 | Correspondent. | NMLS #6289 | Equal Housing Lender

Revised: December 3, 2019

Annual Client Recertification

%

Investor:

Top three Non-QM investors and the breakdown Investor:

%

(%) of volume delivered to for each.

Investor:

%

Insurance Information

Policy #

Coverage Amount

Deductible

Policy Expiration

E&O:

Fidelity:

Originating and Processing Methods

Origination Method:

Internet

TPO

Retail

Other (specify):

Processing Method: In-house

Outsourced (specify):

What LOS do you currently user?

Does the organization use a 3rd party QC provider?

Yes

No

If yes, provide the entity's name:

Does the organization use a 3rd party documentation preparation vendor?

Yes

No

If yes, provide the entity's name:

Who is your interim/subservicer?

Do you retain servicing?

Yes

No

Conventional:

If yes, provide portfolio volume (in $MM): Government:

Who is your subservicer?

Do you finance MSRs?

Yes

No

If yes, MSRs are sold to (name of organization):

What pricing engine does the organization use?

Do you use a hedging firm? Yes

No

If a hedging firm is used, are they allowed to execute trades on your

behalf? Yes

No

If yes, provide top 3 broker dealers:

What is your primary delivery method? (Check boxes for each)

Best Efforts

Single Loan Mandatory

Bulk Bid

AOT/DT

Is the organization applying for TPO (Third Party Originator) approval?

Yes

No

*If yes, provide a copy of the organization's TPO policies and procedures and current TPO client list.

Are you currently purchasing TPO loans?

Yes

No

If yes, provide total YTD volume:

If no, do you plan on rolling out TPO purchasing? Yes

No

Do you plan on hiring more operations staff in the next 6 months?

Yes

No

If yes, approximately how many?

The Money Source Inc. | 135 Maxess Road, Melville, NY 11747 | Correspondent. | NMLS #6289 | Equal Housing Lender

Revised: December 3, 2019

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