Holding a mortgage until the market for its resale improves; a fee may be charged to a borrower to offset a lender's mortgage costs Warehousing occurs during tight money markets when discount rates charged by lenders exceed their profit margin, forcing them to hold mortgages until rates drop
The storage of both incoming materials for production and finished goods for physical distribution to customers
Using existing loans as security for another loan Warehousing involves mortgage portfolios
The packaging together of many mortgages for the purpose of selling them in the secondary market usually by a mortgage banker who has originated the loans
The short-term borrowing of funds by a mortgage banker using permanent mortgage loans as collateral This form of interim financing is used until the mortgages are sold to a permanent investor
storing goods in warehouses; in finance, using other people to buy shares prior to a takeover bid
The borrowing of funds by a mortgage banker on a short-term basis at a commercial bank using permanent mortgage loans as collateral This form of interim financing is used until the mortgages are sold to a permanent investor
the performance of those physical and administrative functions incidental to and required in the conduct of the storage activity, i e receipt, sorting, identification, inspection, preservation, putting away, safekeeping, retrieval for issue and preparation for shipment of materiel
The interim holding period from the time of the closing of a loan to its subsequent marketing to capital market investors
Mortgage bankers and other financial institutions make loans that are then periodically sold on the secondary market After the loan is made - but before it is sold - the loan is said to be in the lenders warehouse
A term used in financing to describe the process which loan correspondents employ, assembling into one package a number of mortgage loans which the correspondent has originated and selling them in the secondary mortgage market
Short-term borrowing of funds by mortgage bankers using permanent mortgage loans as collateral The money borrowed is used to make additional mortgage loans This interim financing is used until the mortgages are sold to a permanent investor
The process by which a mortgage banker or mortgage broker assembles mortgages that he or she has made and prepares the mortgages to be sold in the secondary mortgage market By selling these mortgages the originator now has additional capital that can be used to make more mortgages which in turn may be sold in the secondary mortgage market
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Определение depoculuk в Турецкий язык Турецкий язык словарь