Mortgage Originators May Retain the Servicing Right and Fees Even

question 49

True/False

Mortgage originators may retain the servicing right and fees even though the mortgage has been sold to a governmental agency.

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Definitions:

Transnational Corporations

Large companies that operate and extend their services and products beyond the borders of their home countries, influencing global economy and politics.

Foreign Labor

Workers from other countries who are employed in a nation different from their own, often under temporary or permanent migration arrangements.

Foreign Production

The manufacturing of goods and services outside the company's home country, often to take advantage of lower costs or specialized skills.

Global Commodity Chain

A worldwide network of labor and production processes whose end result is a finished commodity.