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Definition: person who solicits or offers to solicit mortgage loans, accepts or offers to accept mortgage loan applications, negotiates the terms or conditions of new or existing loans, processes ...
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 t...
Definition: a person or firm that acts as an intermediary between borrower and lender: one who , for compensation or gain, negotiates, sells or arranges loans and sometimes continues to service ...
Definition: a legal agreement in which a person borrows money to buy property and pays back the money over a period of years
Pronunciation: \ˈmȯr-gij\
Used in a Sentence: We applied for a ...
Definition: an act or behavior that gravely violates the sentiment or accepted standard of the community
Pronunciation: \-ˈtər-pə-ˌtüd, -ˌtyüd
Used in a Sentence: State licensing authorities...
Definition: a visible marker, either a natural or artificial object, set by the government or surveyors, used to establish the lines and boundaries of a survey
Pronunciation: \ˈmän-yə-mənt\
Use...
Definition: the actions undertaken by the Fed to influence the availability and cost of money and credit
Pronunciation: \ˈmä-nə-ˌter-ē also ˈmə-\ \ˈpä-lə-sē\
Used in a Sentence: The Federal R...
Definition: a false statement or concealment of a material fact made with the intention of inducing some action by another party
Pronunciation: \(ˌ)mis-ˌre-pri-ˌzen-ˈtā-shən, -zən-\
Used in a Se...
Definition: a crime that carries a less severe punishment than a felony; specifically: a crime punishable by a fine and by a term of imprisonment not to be served in a penitentiary and not to exc...
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