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What are net worth requirements for a mortgage lender under the saving clause and for a mortgage lender who is seeking a servicing endorsement?

April 26, 2017clause Endorsement Lender mortgage NET requirements Saving worth

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What are net worth requirements for a mortgage lender under the saving clause and for a mortgage lender who is seeking a servicing endorsement?

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The net worth requirement until September 30, 2011 is $63,000. The net worth requirement from October 1, 2011 to September 30, 2012 will be $125,000. On or after October 1, 2012, the net worth requirement will be $250,000.