wholesale mortgage banking

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• Wholesale mortgage banking — The purchasing of loans originated by others, with the servicing rights released to the buyer. The New York Times Financial Glossary …   Financial and business terms

• wholesale mortgage banking — The purchasing of loans originated by others, for the acquisition of the servicing rights. Bloomberg Financial Dictionary …   Financial and business terms

• Mortgage broker — A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more… …   Wikipedia

• Mortgage bank — A Mortgage bank specializes in originating and/or servicing mortgage loans. A mortgage bank is a state licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that …   Wikipedia

• Mortgage Electronic Registration System - MERS — A process created by the mortgage banking industry that simplifies the mortgage process by using electronic commerce. The Mortgage Electronic Registration System (MERS) tracks ownership and servicing rights that are originated in the United… …   Investment dictionary

• Mortgage industry of the United Kingdom — The Mortgage industry of the United Kingdom has traditionally been dominated by building societies, but from the 1970s the share of the new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the… …   Wikipedia

• Commercial mortgage — Finance Financial markets Bond market …   Wikipedia

• Cooperative banking — A statue of cooperative pioneer Robert Owen stands in front of the Manchester head office of the UK s Co operative Bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take… …   Wikipedia

• History of banking — The first banks were the merchants of the ancient world that made loans to farmers and traders that carried goods between cities. The first records of such activity dates back to around 2000 BC in Assyria and Babylonia. Later, in ancient Greece… …   Wikipedia

• Co-operative Banking Group — Not to be confused with Co operative Legal Services. Co operative Banking Group Limited Type Business of a consumer co operative Predecessor CIS (founded 1867) …   Wikipedia

• Thornburg Mortgage — Infobox Company name = Thornburg Mortgage Inc. type = Public (nyse|TMA) genre = foundation = 1993cite web| title=About Us | url=https://www.thornburgmortgage.com/mortgage/loans/about/index.jsp | accessdate=2008 03 20 | publisher=Thornburg… …   Wikipedia