whole loans

whole loans
A phrase used to describe mortgage loans when the owner of the debt also owns the servicing rights. In other words, mortgage loans that have not had the servicing separated. American Banker Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Whole Loan — A single residential or commercial mortgage that a lender has issued to a borrower and that has not been securitized. Whole loan lenders commonly sell their whole loans in the secondary mortgage market to buyers such as Fannie Mae. One reason… …   Investment dictionary

  • Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… …   Wikipedia

  • whole life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. whole life insurance …   Law dictionary

  • Loans and interest in Judaism — The combination of loans and interest, in Judaism, is a complicated and detailed subject. The biblical Hebrew terms for interest are neshekh (Heb.: נשך), literally meaning a bite , in reference to its painfulness to the debtor, and marbit /… …   Wikipedia

  • Whole Foods Market — Infobox Company company name = Whole Foods Market company company type = Public (nasdaq|WFMI) company slogan = foundation = 1980 (Austin, Texas) location = Austin, Texas key people = John Mackey, CEO Glenda Chamberlain, Executive Vice President… …   Wikipedia

  • whole loan pools — Mortgage backed securities not issued by or guaranteed by a U.S government agency or U.S. government sponsored enterprise. The mortgage loans comprising whole loan pools are generally loans that do not meet GNMA, FNMA, or FHLMC requirements.… …   Financial and business terms

  • whole-life — adjective Date: 1845 of, relating to, or being life insurance with a fixed premium for the life of the policyholder and a cash value that can be redeemed on sale of the policy or can be the basis of low interest loans …   New Collegiate Dictionary

  • Student loans in the United States — While included in the term financial aid higher education loans differ from scholarships and grants in that they must be paid back. They come in several varieties in the United States:*Federal student loans made to students directly: No payments… …   Wikipedia

  • Troubled Asset Relief Program — TARP redirects here. For other uses, see Tarp. This article is about the Treasury fund. For the legislative bill and subsequent law, see Public Law 110 343. For the legislative history and the events leading to the law, see Emergency Economic… …   Wikipedia

  • Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”