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Mortgage Servicing Rights

См. также в других словарях:

  • Mortgage Servicing Rights - MSR — A contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages. Common rights included are the right to collect… …   Investment dictionary

  • Mortgage servicer — A mortgage servicer is the company that borrowers pay their mortgage loan payments to. Mortgage servicers either purchase or retain mortgage servicing rights that allow them to collect payments from borrowers in return for a servicing fee. The… …   Wikipedia

  • Mortgage Par Rate — An interest rate used as the reference point for which a mortgage lender will neither pay a rebate (yield spread premium or negative points) or require discount points for a mortgage. Also, an interest rate used as a reference point for which a… …   Investment dictionary

  • Servicing Fee — A percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for keeping a record of payments, collecting and making escrow payments, passing principal and interest payments along to the note holder, etc.… …   Investment dictionary

  • Mortgage Industry Advisory Corporation — MIAC logo Mortgage Industry Advisory Corporation (MIAC) is a New York City based company specializing in third party mortgage asset pricing services including subprime mortgage assets, secondary market hedge advisory solutions, comprehensive… …   Wikipedia

  • Mortgage Banker — A company, individual or institution that originates mortgages. Mortgage bankers use their own funds, or funds borrowed from a warehouse lender, to fund mortgages. After a mortgage is originated, a mortgage banker might retain the mortgage in… …   Investment dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • 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 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

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