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Original - Law Dictionary Search Results

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Original Bills inEquity

Original Bills inEquity. See BILL IN CHANCERY....


original writ

original writ see writ ...


original promise

original promise see promise ...


original principal balance

original principal balance the total principal owed on a mortgage prior to any payments being made. Source: U.S. Department of Housing and Urban Development ...


original jurisdiction

original jurisdiction see jurisdiction ...


original contractor

original contractor : general contractor ...


original intent

original intent 1 : the actual aim or purpose esp. of the framers of the U.S. Constitution 2 : a conservative theory in constitutional law: only those guarantees intended by the framers and set forth in the text of the Constitution are valid compare judicial restraint ...


third party origination

third party origination a process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market. Source: U.S. Department of Housing and Urban Development ...


originate

originate -nat·ed -nat·ing vt : to give rise to ;specif : to issue (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi : to take or have origin orig·i·na·tion [ə-ri-jə-nā-shən] n orig·i·na·tor [ə-ri-jə-nā-tər] n ...


loan origination fee

loan origination fee a charge by the lender to cover the administrative costs of making the mortgage. This charge is paid at the closing and varies with the lender and type of loan. A loan origination fee of 1 to 2 percent of the mortgage amount is common. Source: U.S. Department of Housing and Urban Development ...



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