Meaning WHOLESALE MORTGAGE BANKING: The purchasing of loans originated by others, for the acquisition of the servicing rights
More terms such as Wholesale mortgage banking in Dictionary W.
- Definition With Dividend:
- Examples Purchase of shares that entitle the buyer to the forthcoming dividend. Related: Ex-dividend wholesale mortgage banking definition.
- Definition Without Recourse:
- Examples Giving the lender no right to seek payment or seize assets in the event of nonpayment from anyone other than the party specified in the debt contract (such as a special-purpose entity wholesale mortgage banking explain.
- Definition Working Capital Management:
- Examples The deployment of current assets and current liabilities so as to maximize short-term liquidity wholesale mortgage banking what is.
- Definition Writing Cash-Secured Puts:
- Examples to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional margin calls wholesale mortgage banking meaning.
- Definition Weighted Average Coupon:
- Examples The weighted average of the gross interest rates of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighting factor wholesale mortgage banking abbreviation.
