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Reporting Seller Mortgage Loan Production

Once the necessary loan production data is available, the investor runs a seller loan production report that details loan production statistics by seller. Loan production reports vary depending on the reporting needs of the investor. The loan production report detailed in this article is intended to fulfill an investor requirement to report a seller's overall loan production amount by investor loan program type.

Creating the Report...
Seller Production by Loan Program Type
The Seller's Production by Loan Program Type is the seller's total loan amount by program type divided by the seller's total loan amount for loans delivered to the investor. The following steps generate a report of the seller's loan production by program type and reports each loan program type as a percentage of the total product production.

Step #1
The seller's total loan production is calculated.

The seller's total production is equal to the sum of the principal amount due on the loan at the time of purchase from the seller for all loans in the investor's production data file.

Step #2
The seller's loan production by loan program type is calculated.

The seller's production by loan program type is equal to the sum of the principal amount due on the loan at the time of purchase from the seller by the investor's loan program type for all loans in the investor's production data file. Examples of loan program types are Subprime Fixed, Subprime ARM, Prime Fixed or Government.

Step #3
The seller's loan production by loan program type percentages is calculated.

In this step, the report retrieves the seller's total loan production dollar amount from Step #1 and the seller's production dollar amount by loan program type from Step #2. The report compares the total loan production amount from Step #1 to the production amount by loan program type from Step #2 and reports the results as a percentage.

A Seller Production Report similar to the Sample Mortgage Loan Production Report in the Sample Mortgage Loan Production Report section of this article can be generated by the investor for distribution to the seller.


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