Warehouse fee definition

Warehouse fee means a fee charged by a lender not to exceed the cost associated with holding the particular mortgage loan pending its assignment to a permanent investor, and payable at closing. The fee shall be based on the actual holding period and warehouse rate and the initial coupon rate on the mortgage loan. No profit shall accrue to a lender from collection of a warehouse fee.
Warehouse fee means a fee charged by a lender not to
Warehouse fee means the portion of the Program Fee calculated pursuant to clause (ii) of Section 5.1(a).

Examples of Warehouse fee in a sentence

  • Fees for such rentals are included in the Arts Warehouse fee schedule.


More Definitions of Warehouse fee

Warehouse fee means in respect of any LME Physical Metal (evidenced by