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A mortgage net branch is an arrangement in which an existing mortgage company gives a franchise to another mortgage company in order to carry out its business in a particular area. The company that gives the franchise is called the mortgage originator, while the company that takes the franchise is called the mortgage net branch. This arrangement is done by some companies who wish to expand their business into newer areas. Mortgage net branches may be small companies in their own right, or they may be mortgage brokers.




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