Mortgage Business definition

Mortgage Business means engaging in, or holding out to the public as willing to engage in, for compensation or gain, or in the expectation of compensation or gain, directly or indirectly, the business of making, originating, servicing, soliciting, placing, negotiating, acquiring, selling, arranging for others, or holding the rights to or offering to solicit, place, negotiate, acquire, sell or arrange for others, mortgage loans in the primary market.
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Mortgage Business means the mobilisation of savings and the granting of loans for the purpose of developing houses; and
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Mortgage Business means, collectively, the Mortgage Servicing Business and the Mortgage Banking Business.
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Examples of Mortgage Business in a sentence

  • The Mortgages securing the Mortgage Loans may be vested on a long lease (erfpacht), as further described in section 12 (Originator and Residential Mortgage Business).

  • Retail Republic of Ireland incorporates the Branch Network, Mortgage Business, Consumer Banking, Business Banking and Private Banking activities in the Republic of Ireland.

  • The parties agree that any adjustments in fees based on a FMV Analysis shall be conditioned upon the consummation of the closing of the Mortgage Business Sale.

  • Prior to the closing of the Mortgage Business Sale, PMC shall enter into a new Master Services Agreement with SourceCorp BPS Inc.

  • Cendant Real Estate shall use reasonable best efforts to provide PMC and the Company an adequate opportunity to conduct due diligence with respect to the Qualifying Target Mortgage Business.


More Definitions of Mortgage Business

Mortgage Business means the business of and activities involved in you introducing borrowers to us in relation to our products and related matters including the submission of applications to us, requests for decisions in principle, requests for variations to existing loans and informal enquiries you make as to potential borrowers’ eligibility for a loan or a mortgage.
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Mortgage Business means the business of originating, brokering, marketing, making, purchasing, servicing and selling first-lien and subordinate-lien, closed-end and open-end residential mortgage loans by First Chester and the First Chester Subsidiaries.
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Mortgage Business means the business of originating, brokering, marketing, making, purchasing, servicing and selling first lien and subordinate lien, closed-end and open-end residential mortgage loans by BCSB and the BCSB Subsidiaries.
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Mortgage Business means the business of taking residential mortgage loan applications or offering, negotiating or modifying the terms of residential mortgage loans in the State of Oklahoma. means activity that satisfies the definition of a mortgage broker, mortgage lender or mortgage loan originator as defined by the SAFE Act.
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Mortgage Business means the business of accepting deposits from members of the public for the purpose of granting mortgage loans and advances for the purchase, construction, improvement and extension of houses;
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Mortgage Business means activities for the mobilization of savings and the
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Mortgage Business has the meaning given to such term in the APA, and includes business of a type that is similar, complementary or reasonably related to, the Mortgage Business, and reasonable extensions thereof.
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