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Warehousing
Warehousing Warehousing is the assembly of mortgage loans into "pools." Securities that represent shares in these pools are then sold to investors.
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Warehousing Warehousing is the assembly of mortgage loans into "pools." Securities that represent shares in these pools are then sold to investors.
Mortgage A legal document pledging property as security for the payment of a loan.
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Waiver The intentional relinquishment or abandonment of a specific claim, privilege, or right.
Waiver of subrogation (in a lease) Protects each party from being sued for the recovery of damages by third parties with a claim against the other party.
Walk-out basement A feature that allows a door to open onto ground level.
Walk-Through A final inspection of a property before it changes ownership.
Wall Street Journal prime rate The fluctuating prime rate published in the Wall Street Journal, which surveys several banks to arrive at its number.
Warehousing
Warranties and representations A section of the offer to purchase designed to exhibit representations or warranties made by the real estate brokers or the seller.
Warranty A promise that certain stated facts are true.
Warranty Deed Most valuable type of deed in which the grantor makes formal assurance of title.
Waste An improper use or an abuse of a property by a possessor who holds less than fee ownership, such as a tenant, life tenant, mortgagor or vendee.
Water table The natural level at which water is located in a particular area, be it above or below the surface of the earth.
This dictionary contains 6433 terms. |
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