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A warehouse line of credit is a credit line used by mortgage bankers. It is a short-term revolving credit facility extended by a financial institution to a mortgage loan originator for the funding of mortgage loans. The cycle starts with the mortgage banker taking a loan application from the property buyer.
A warehouse bank account is a bank account at a regular commercial bank in which all clients’ funds are commingled or pooled, for the purpose of concealing the client's ownership of the funds. [ 1 ] [ 2 ]
A balance sheet technique is another commonly utilized facet of collateral management, which is used to maximize bank's resources, ensure asset liability coverage rules are honoured, and seek out further capital from lending excess assets.
collateralized debt obligation cash-flow diagram. interest rate swap cash-flow diagram.. A cash-flow diagram is a financial tool used to represent the cashflows associated with a security, "project", or business.
Impac Mortgage Announces Fully Operational Residential Warehouse Lending Division Warehouse Team On-Site at the MBA's 100th Annual Convention & Expo IRVINE, Calif.--(BUSINESS WIRE)-- Impac ...
Flowchart is a primary type of business process mapping. It consists of some symbols such as arrows, circles, diamonds, boxes, ovals, or rectangles. The type of Flowchart just described is sometimes referred to as a "detailed" flowchart because it includes in detail, the inputs, activities, decision points, and outputs of any process.
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