Supplemental Data – FHA Supervised Lender

ID Status Date Public/Private Industry AHACPA Contact
#7642 Closed public FHA Lender
Customer Reply

I need some clarification regarding what specific income amounts that need to go into the following lines

Line 410 – Other Retail Origination Income – I understand that this fee income besides the origination fee itself. Appraisals, Credit Reports, etc. ; Does this apply to only FHA origination, or any mortgage origination?

Line 412 – Other income (loss) not related to mortgage lending activities. Does this “other income” refer to the Other income line that is on the front of the Bank’s financial statements? If that is the case, then line 412 would include all income not related to mortgage activity…which in the case of a Bank could be quite a bit.

Kathy Christensen

From Mike Olsen:

For Line 410 – Other Retail Origination Income – This applies to ANY mortgage origination, not just FHA.

For Line 412 – Other Income (Loss) Not Related to Mortgage Lending Activities – This would be all of the bank’s income that is NOT from mortgage lending activities. Therefore, for a bank this is probable a large number.

Let me know if you have any other questions.

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