mortgage warehousing

mortgage warehousing
System under which mortgage company holds 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

Black's law dictionary. . 1990.

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  • mortgage warehousing — System under which mortgage company holds 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 …   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 — /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

  • warehousing — /wair how zing/, n. 1. an act or instance of a person or company that warehouses something. 2. the pledging as security, to a commercial bank, of a long term mortgage for a short term loan. [1785 95; WAREHOUSE + ING1] * * * …   Universalium

  • warehousing — /ˈwɛəhaʊzɪŋ/ (say wairhowzing) noun 1. the storing of a commodity in a warehouse. 2. Finance the accumulation of a security so as to increase demand and inflate the price. 3. the pledging of a long term mortgage as security for a short term loan… …  

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  • 1010data — Infobox Company company name = 1010data, Inc. company company type = Private foundation = 2000 location = New York, NY industry = Database Management Data Warehousing Software as a Service homepage = [http://www.1010data.com/ www.1010data.com]… …   Wikipedia

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