Texas Capital WarehouseNOW Sample eGuide

Client to Client Transfer (C2C) C2C Introduction The purpose of this chapter is to instruct Texas Capital Bank clients on how to complete client to client transfers within the WarehouseNow ® system. A Client to Client (C2C) loan transfer is a transaction in which two TCB Warehouse Lending clients enter into an approved client to client relationship. The Originating Lender (Client A) transfers loans to a Purchasing Lender (Client B), who purchases the loans in order to pool and sell them to a final investor. For C2C transfers, Client A submits a standard funding request listing Client B as the purchaser. The associated Client B submits a funding request for a loan advance to finance the purchase. Funds are advanced by TCB to Client B to pay off the loan for Client A and the funds are then delivered to Client A’s Repayment Account. Note: The Originating Lender (Client A) can have multiple “transfer to” clients, and the Purchasing Lender (Client B) can have multiple “transfer from” clients. Instructions for both the Originating Lender and the Purchasing Lender are provided in this chapter.

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