Rosen, Sapperstein & Friedlander, LLC: Business Consultants & Certified Public Accountants

Mortgage Banking

Taxes evolve in a dynamic environment.
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Mortgage Banking

In today’s Mortgage Banking Industry, regulatory requirements and market volatility require lenders to make effective decisions when complying with GAAP, HUD, and Fannie Mae requirements.  From anticipating the implications of a complete HUD system change to tax planning and reporting for sales of mortgage servicing rights, RS&F has a seasoned team of audit and tax professionals experienced in advising clients on unique industry challenges and opportunities.

We have experience conducting efficient and streamlined communication with industry-specific service providers, including document custodians, sub-servicers, and Mortgage Servicing Rights Valuators.  In an industry where regulatory and operational needs require lenders to outsource these functions to third parties, our results-oriented approach focuses on meeting and exceeding reporting deadlines under compressed timelines.

RS&F is a member of AHACPA, a national association of CPAs and financial professionals with over 600 members providing HUD financial services to mortgage bankers.  This relationship provides us access to a network of professionals for technical resources, industry news, and efficient outsourcing of HUD submissions to the Lender Electronic Assessment Portal (LEAP.)

Our relationship oriented approach to customer service allows us to provide top service and quick turnaround to mortgage lenders of various sizes and complexity.

RS&F’s current lender base includes clients complying with:

HUD Chapter 6 – Ginnie Mae Issuers of Mortgage-Backed Securities

HUD Chapter 7 – FHA-Approved Lenders

Fannie Mae Requirements for Approved Seller/Servicers

Our specific mortgage banking industry services and expertise include:

Strategic
  • Budgeting and forecasting
  • Succession planning
  • Industry comparability
  • Phantom stock and profit interest arrangements
  • Succession planning
  • Profit maximization strategies
  • Management training
Operations
  • Operations assessments
  • Start-up consultations and business planning
  • Cash flow optimization
  • Loan officer compensation plan analysis
  • Loan level accounting tracking and analysis
  • Internal control studies
  • Discontinued Operations
Mergers & Acquisitions
  • Component and group audit services
  • Business valuation
  • Disposal of business segments
Tax
  • Tax minimization on sales of Mortgage Servicing Rights
  • Strategic tax planning and minimization strategies
  • State tax nexus evaluation and consultation

RS&F maintains active professional mortgage banking affiliations to empower our firm meet the needs of our clients.

Mortgage Banking Affiliations