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THIRD PARTY ORIGINATIONWhen a lender uses a third party to originate and package loans for sale to the secondary market (Fannie Mae, Freddie Mac).
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THIRD PARTY ORIGINATIONDefinition A process in which another party is used by the lender to originate, process, underwrite, close, fund, or package the mortgages it expects to deliver to the secondary mortgage market.
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THIRD PARTY ORIGINATIONa process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market.
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THIRD PARTY ORIGINATIONThird party origination is a process where a lender uses a third party to underwrite, process, close or package the mortgages. The processed mortgages are then delivered to the secondary mortgage mark [..]
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THIRD PARTY ORIGINATIONWhen a lender uses a third party to originate and package loans for sale to the secondary market (Fannie Mae, Freddie Mac).
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THIRD PARTY ORIGINATIONA process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the home loan. See mortgage broker.
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