Wholesale Mortgage definition

Wholesale Mortgage or "Third Party Origination" means any loan for which a Third-Party Originator performs a significant portion of the origination process for a fee, including but not limited to taking an application from a Borrower, processing the loan application, ordering appraisals and/or credit reports and verifying income and/or employment.
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Examples of Wholesale Mortgage in a sentence

  • The first page of the invoice states: You have incurred an Early Payoff with United Wholesale Mortgage.

  • United Wholesale Mortgage has on file the fully executed Wholesale Lending Agreement for your company.

  • Mortgage Banking Earnings Contribution (1)(2) (1) Wholesale Mortgage segment earnings include intersegment revenues and expenses and exclude holding company expenses.

  • This Wholesale Mortgage Broker Agreement (hereinafter referred to as “Agreement”), is entered into this day of , 20 , with OCMBC, Inc.

  • I have read, understand, and agree to all the above terms and conditions of the Wholesale Mortgage Broker Agreement.

  • Stand and topographic indicesInclusion of the five retained predictors in a logistic regres- sion introduces a colinearity problem (Draper and Smith 1981) as correlation among the inventory and among the topographic predictors was strong (r > 0.7).

  • On the other hand, median contract rent has increased 45% since 2000 and is actually higher than in many neighboring communities.

  • I have read, understand, and agree to the all the above terms and conditions of the Wholesale Mortgage Broker Agreement Broker of Record Signature Date Broker of Record Name Broker License Number Exp.

  • WHEREFORE, the Court finds that the State has proven by a preponderance of the evidence that Leonid Shifrin, Mortgage Planning and Lending Specialists, Ltd., CBA, Inc, Wholesale Mortgage Lending, LLC, and Shifrin, Inc.

  • If there is any political advertisement in the provided sace, the same shall be removed immediately on enforcement of the Modal code of Conduct.

Related to Wholesale Mortgage

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • High Cost Mortgage Loan means a Mortgage Loan classified as (a) a “high cost” loan under the Home Ownership and Equity Protection Act of 1994 or (b) a “high cost,” “threshold,” “covered,” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law, regulation or ordinance imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan: