Mortgage Business definition

Mortgage Business means engaging in, or holding out to the public as willing to engage in, for compensation or gain, or in the expectation of compensation or gain, directly or indirectly, the business of making, originating, servicing, soliciting, placing, negotiating, acquiring, selling, arranging for others, or holding the rights to or offering to solicit, place, negotiate, acquire, sell or arrange for others, mortgage loans in the primary market.
Mortgage Business means the mobilisation of savings and the granting of loans for the purpose of developing houses; and
Mortgage Business means the business of accepting deposits from members of the public for the purpose of granting mortgage loans and advances for the purchase, construction, improvement and extension of houses;

Examples of Mortgage Business in a sentence

  • Interest on Notes (or portions thereof) validly tendered and not withdrawn pursuant to a Change of Control Offer or Mortgage Business Triggering Event Offer will cease to accrue on and after the applicable Change of Control Payment Date or Mortgage Business Triggering Event Payment Date (unless the Company shall default in the payment of the applicable Change of Control Purchase Price or Mortgage Business Triggering Event Purchase Price of the Notes).


More Definitions of Mortgage Business

Mortgage Business means the business of and activities involved in you introducing borrowers to us in relation to our products and related matters including the submission of applications to us, requests for decisions in principle, requests for variations to existing loans and informal enquiries you make as to potential borrowers’ eligibility for a loan or a mortgage.
Mortgage Business means the mortgage origination or servicing platform business or the corresponding assets of such businesses owned or operated by the Company or its direct and indirect Subsidiaries.
Mortgage Business means, collectively, the Mortgage Servicing Business and the Mortgage Banking Business.
Mortgage Business means the business of originating, brokering, marketing, making, purchasing, servicing and selling first lien and subordinate lien, closed-end and open-end residential mortgage loans by BCSB and the BCSB Subsidiaries.
Mortgage Business means the business of taking residential mortgage loan applications or offering, negotiating or modifying the terms of residential mortgage loans in the State of Oklahoma. means activity that satisfies the definition of a mortgage broker, mortgage lender or mortgage loan originator as defined by the SAFE Act.
Mortgage Business means the business of originating, brokering, marketing, making, purchasing, servicing and selling first-lien and subordinate-lien, closed-end and open-end residential mortgage loans by First Chester and the First Chester Subsidiaries.
Mortgage Business means the Franchisee Mortgage Business and, for the duration of the NRT Mortgage License, as set forth in Section 2.01(b) hereof, the NRT Mortgage Business.