Applicability of Topic 606 to revenue from brokered loans

ID Status Date Public/Private Industry AHACPA Contact
#12434 Closed public FHA Lender _General Support
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While revenue from loan origination for loans a company funds and subsequently sells is excluded from Topic 606, is revenue from performing origination services on brokered loans (funded and sold by third parties) also excluded?

Kathy Christensen

I just discovered our Support Center had an error and was not sending Les Sparks reminders for outstanding questions.  It looks like your question was not answered. The support center has been fixed. If you still have your original question, please reply to this email, and the ticket will be re-opened. I apologize for this lapse!  Kathy Christensen

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