Mortgage Company

Definition of "Mortgage Company"

A mortgage lender that sells all the loans it originates in the secondary market.

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Related Real Estate Glossary terms

Consequential Damage

Unanticipated damages incurred as the result of the sub effects of a parties breach of responsibilit ...

Intermediate Policy

Insurance policy that combines the characteristics of a debit insurance policy with that of an ordin ...

Services Offered Policyholders

Range of administrative and risk management services that can be purchased by an insured. Increasing ...

Tax Deed

Document evidencing the passage of title to a purchaser of property sold for taxes. The tax deed is ...

Liquidation Price

cash value or other consideration that can be received in a forced sale of real estate, such as that ...

Comprehensive Policy

Combination of several coverages to protect the insured. For example, the comprehensive health insur ...

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