google bot detected Net Branch | Mortgage Glossary |

Net Branch

Definition of "Net Branch"

Morgan Cryar
  Reliant Realty

A facility offered by some lenders to mortgage brokers where de jure the brokers
become employees of the lender but de facto they retain their independence as brokers. One of the
advantages of this arrangement to brokers is that they need not disclose yield spread premiums
received from lenders.

Related Real Estate Glossary terms

Related Real Estate FAQ