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Mortgage Terms: Mortgage Company Definition

Mortgage Terms: Mortgage Company Definition

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'

Mortgage, Monthly debt service, Mandatory disclosure, Manufactured housing, Mortgage auction site

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