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2. Portfolio mortgages: What they are and how they work

   www.aol.com/finance/portfolio-mortgages...

   A portfolio loan is a kind of mortgage that a lender originates and retains instead of offloading or selling on the secondary mortgage market. A portfolio loan stays in the lender’s portfolio ...

3. Mortgage bankers: Who they are and what they do in home ... - AOL

   www.aol.com/finance/mortgage-bankers-home...

   Once a mortgage banker originates a loan, the banker can keep the loan in its portfolio and service it. Alternatively, they can sell it on the secondary market , sell the servicing rights to ...

4. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

5. Select Portfolio Servicing - Wikipedia

   en.wikipedia.org/wiki/Select_Portfolio_Servicing

   Select Portfolio Servicing, Inc. (SPS) is a loan servicing company founded in 1989 as Fairbanks Capital Corp. with operations in Salt Lake City, Utah and Jacksonville, Florida. History [ edit ]

6. Types of mortgage lenders and how to choose - AOL

   www.aol.com/finance/types-mortgage-lenders...

   Portfolio lenders offer mortgages that they retain in their portfolio, rather than sell to investors. As a result, they aren’t subject to much of the underwriting criteria that guide direct or ...

7. Loan servicing - Wikipedia

   en.wikipedia.org/wiki/Loan_servicing

   Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

8. Shared appreciation mortgage - Wikipedia

   en.wikipedia.org/wiki/Shared_appreciation_mortgage

   A shared appreciation mortgage is a mortgage arranged as a form of equity release.The lender loans the borrowers a capital sum in return for a share of the future increase in the value of the property.

9. Why your mortgage gets sold, and what you can do about it

   www.aol.com/finance/why-mortgage-gets-sold...

   The trading of mortgage-backed securities in the secondary mortgage market allows for a continuous flow of funds in the housing and financing markets. ... (from the mortgage payments of the MBS ...