Definition: a business entity that originates, sells and then services mortgage loans. They are not depository institutions. They originate loans and then package the loans together and sell the entire package.
Pronunciation: \ˈmȯr-gij\
Used in a Sentence: Mortgage lenders are the largest originators of residential real estate loans.
5 Reasons Why a Real Estate Career in Florida Could Change Your Life Thinking about a career change? A real estate career in Florida might just be the opportunity you’ve...
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Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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