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MORTGAGE BANKER
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mortgage banker is generally assumed to originate and fund
their own loans, which are then sold on the secondary
market, usually to Fannie Mae or Freddie Mac. However, firms
rather loosely apply this term to themselves, whether they
are true mortgage bankers or simply mortgage brokers or
correspondents. |
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BACK TO GLOSSARY |
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Simplicity
Mortgage - 6180
E. State Street, Suite #5 - Rockford, IL.
61108
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