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

Plaster

Material used for covering the surfaces of walls or ceilings. Plaster used to be made from plaster o ...

Indirect Loss

Loss that is not a direct result of a peril. For example, damage to property of a business firm woul ...

Red Herring

Slang reference for a preliminary prospectus that outlines the important aspects of a new issue sec ...

Mass Merchandising

Coverage for a group of individuals under one policy. Usually, members belong to a particular compan ...

Unallocated Funding Instrument

Pension funding agreement under which funds paid into a retirement plan are not currently allocated ...

Minimum Group

Smallest number of individuals for which an insurance company will issue a policy. A minimum number ...

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FAQ

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