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  2. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    Key takeaways. A mortgage loan originator (MLO) is employed by a lender to help borrowers move through the mortgage application process. Mortgage loan originators do not make the decision about ...

  3. Mortgage brokers: What they are and how they can help - AOL

    www.aol.com/finance/mortgage-brokers-help...

    A mortgage broker can help you save on fees: When you get a mortgage, you’re likely to pay an origination fee, application fee and appraisal fee — just to name a few. A mortgage broker may be ...

  4. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent ...

  5. Secondary mortgage market: What it is and how it works - AOL

    www.aol.com/finance/secondary-mortgage-market...

    It could simply act as an originator of the loan and then sell that loan to an aggregator or another firm that wanted it. But those third parties wanted to be sure that banks weren’t just ...

  6. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    Mortgage loan officers in the United States must have a Mortgage Loan Originator (MLO) license. To become licensed, they must complete at least 20 hours of coursework, pass an exam, and submit to background and credit checks. Licenses must be renewed annually, and individual states may have additional requirements. [3]

  7. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    In consumer lending, mortgage origination, a specialized subset of loan origination, is the process by which a lender works with a borrower to complete a mortgage transaction, resulting in a mortgage loan. A mortgage loan is a loan in which property or real estate is used as collateral.

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