From Les Sparks:

All HUD loans are counted as long as they pertain to the lenders FHA ID. The issue of brokered or banked is not so much the issue as whether they are responsible for the loan. If the loan was originated under their FHA ID, then it is considered a loan for net worth purposes.

From client:

So if they only closed 5 loans under their ID and all their other FHA loans were closed under bank ID numbers, they would only use those 5 loans for their Net Worth computation? Or all of the loans that they initiated? Thanks so much for your help – the client is confusing me a little so I want to verify my response with you before hand.

From Mike Olsen:

Les asked me to reply to you. What Les said was correct, all FHA loans that were originated under your clients FHA ID are the loans that would be used in the computation of Net Worth. If your client originated and closed 5 loans under their FHA ID, those are the only loans that wold be used for the Net Worth computation. The other loans that were originated and closed under a different FHA ID would be reported under their ID. One way to check the number of loans closed under you clients FHA ID would be to go into Neighborhood Watch, under Early Warnings, Single Lender and do a search. This will get you a report that will show the number of loans that were originated. You can click on that number and it will show the amount of each loan. This will give you an idea as to the origination’s to report on the Net Worth computation. You will need to log into Neighborhood Watch with your clients ID and password through FHA Connection.