Mortgage company
Definition
A mortgage lender who sells all loans in the secondary market. As distinguished from a portfolio lender, who retains loans in its portfolio. Mortgage companies may or may not service the loans they originate.
Related Terms Other terms related to 'Mortgage company' starting with the letter 'M' Manufactured housing, Mortgage broker, Mortgage bank, Mortgage auction site, Maturity Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 