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How does the mortgage banker reconcile the investor purchase proceeds with the warehouse loan payoff and the original loan funding?

FirstFunding has the capability to provide you with a reconciliation report showing the investor funds received, the Warehouse Funding Facility repayment, and the net amount deposited into your Mortgage Originator Remainder Account. This calculation compares the amount you receive to the amount projected on your lock confirmation and the actual amount funded by FirstFunding at the closing of the subject loan.