Mortgage Warehousing
Concept of Mortgage Warehousing in the context of Real Property
A short definition of Mortgage Warehousing: A system whereby a mortgage company will hold loans which would ordinarily be sold, in order to sell later at a lower discount. These mortgages are used as collateral security with a bank to borrow new money to loan.
Concept of Mortgage Warehousing in the context of Real Property
A short definition of Mortgage Warehousing: A system whereby a mortgage company will hold loans which would ordinarily be sold, in order to sell later at a lower discount. These mortgages are used as collateral security with a bank to borrow new money to loan.
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