A mortgage loan sold to an investor in a secondary market. The investor purchasing the loan assumes full responsibility of the loan and all the contractual terms and rights associated with the funds. The original lender no longer has any rights to the loan after it has agreed to sale the loan to another party.
Related information about whole loan:
- Whole Loan Definition | Investopedia
Whole loan lenders commonly sell their whole loans in the secondary mortgage market to buyers such as Fannie Mae. One reason lenders sell whole loans is to ...
- What Is a Whole Loan?
Oct 11, 2012 ... A whole loan is a situation in which a mortgage is sold in its entirety, rather than being pooled with others in the secondary...
- Whole Loan - Financial Dictionary - The Free Dictionary
A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders.
- Whole Loan: Definition from Answers.com
Whole Loans Mortgage loan sold in its entirety, without any participation kept by the seller. The investor assumes all contractual rights and responsibilities,
- WHOLE LOAN ASSET MANAGEMENT SERVICES
Oct 8, 2008 ... Whole loan asset managers will be required to work in good faith with the central ... Cooperation with Whole Loan Trustee and Custodian ...
- What is whole loan? definition and meaning
Definition of whole loan: A mortgage loan sold to an investor in a secondary market. The investor purchasing the loan assumes full responsibility of the loan and ...
- Whole Loan Investments
Whole Loan Investments. A qualified investor can fund orpurchase the entire value of a note. Anchor has various loans availablefor purchase most of the time.
- Whole Loan Capital, LLC | LinkedIn
Welcome to the company profile of Whole Loan Capital, LLC on LinkedIn. Whole Loan Capital is a residential whole loan trading, valuation, and advisory firm ...