mortgage warehousing definition · LSData

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Simple English definitions for legal terms

mortgage warehousing

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A quick definition of mortgage warehousing:

Definition: Mortgage warehousing is when a company that lends money for people to buy houses holds onto those loans for a little while before selling them to someone else for less money.

A more thorough explanation:

MORTGAGE WAREHOUSING

Mortgage warehousing is when a mortgage company holds onto loans that they plan to sell later at a lower price.

For example, let's say a mortgage company lends money to someone to buy a house. Instead of keeping that loan on their books, they sell it to another company for a lower price. The mortgage company can then use the money they get from selling the loan to make more loans to other people.

Another example is when a mortgage company wants to bundle a bunch of loans together and sell them as a package to investors. They might hold onto those loans for a little while until they have enough to make a big package.

Mortgage warehousing is a way for mortgage companies to make money by buying and selling loans. They can hold onto loans for a short time and then sell them at a lower price to make a profit. This allows them to make more loans to other people and keep the money flowing.

mortgage servicing | mortgaging out

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14:42
just so u guys know diamonds are a scam, very plentiful on earth, much less valuable than silver, plat, gold. junk rock
JumpySubsequentDolphin
14:44
big lab grown fan llama?
14:44
literally just carbon either way. sure they are pretty but they are dependable.
14:46
i appreciate the beauty of both, im just having an autis rant srry
JumpySubsequentDolphin
14:46
lab grown’s not very expensive tho
JumpySubsequentDolphin
14:46
depending on the size i guess
JumpySubsequentDolphin
14:46
more ethical too
there are lab grown diamonds and child labor diamonds
i prefer child labor diamonds for their authenticity
14:49
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14:50
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jackfrost11770
14:55
can reddit users please learn that when you post an instagram link it'll share your profile with anyone that opens it
jackfrost11770
14:55
so much self doxxing constantly happening on lsa 💀
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put your tongue away
Dkk
17:38
I buy a bowling ball for my woman when I want their ring size. That's been my strategy in the past.
Dkk
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Oh shit, I posted Instagram here once. I doxed myself then too lmfao.
18:11
when should i hear back if I applied 12/13 to cardozo, st johns, hofstra, nyls, brooklyn, and umiami - anyone else hear back and applied mid december ?
probably like sometime in march
Dkk
19:18
@getmoney: check the charts. We have already given you an answer multiple times.
20:09
relax, what chart
20:29
Go to the school, Hofstra for example. Set the cycle to last year and sort the chart by date submitted. You can see when people who applied in December heard back last cycle
helloo everyone, does someone want to read one paragraph i wrote for GW law for the diversoty statement and tell me if it is good/bad?
In school, I was met with questions like, “Why are Muslim women oppressed?” or “Do you need bodyguards when you travel to Jordan?”
shoudl i keep those questions in there or is too much?
texaslawhopefully
22:44
I would cut the questions and go in media res.
texaslawhopefully
22:45
But, I guess it also depends on what the next few paragraphs are like. I personally am not a fan of rhetorical questions, as they're generally not well done, but they could work.
I like the questions but maybe italics instead of quotes so it feels more internal
like quotes are so blocky and chunky sometimes whereas italics feels more like seamless thoughts but I think that only works if it matches your writing style! I used rhetoricals in mine that way and it seems to have been working out okay
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