What is mbfrf 1002?

What is mbfrf 1002?

Form 1002, Mortgage Bankers’ Financial Reporting Form (MBFRF) An approved lender that is a mortgage banker uses this form to report financial information about its operations each quarter. (This same form is also used by Freddie Mac and Ginnie Mae.)

What is a 1002 form used for?

(This same form is also used by Freddie Mac and Ginnie Mae.) A mortgage banker is required to submit the Mortgage Bankers’ Financial Reporting Form (Form 1002) four times per year, subsequent to the end of each calendar quarter.

How often does a mortgage banker have to submit Form 1002?

A mortgage banker is required to submit the Mortgage Bankers’ Financial Reporting Form (Form 1002) four times per year, subsequent to the end of each calendar quarter. A lender must submit the form no later than 30 days after the end of the reporting period for the March 31, June 30, or September 30 reports.