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Mortgage Terms: Nichification Definition

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Mortgage Terms: Nichification Definition

Nichification

Definition

Proliferation in the number of loan, borrower and property characteristics used by lenders to set mortgage prices and underwriting requirements.

Read What Mortgage Market Niche Are You In?

Related Terms

Other terms related to 'Nichification' starting with the letter 'N'

Note, Negative points, Negative amortization cap, No asset loan, Net jumping

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