The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MORTGAGE CORRESPONDENT Definition & Legal Meaning

Definition & Citations:

A person servicing a loan for a fee for someone else. A mortgage banker differs because the banker originates, sells, and services the mortgage loan. A mortgage broker differs by not originating or servicing mortgage loans, but finds various lenders as buyers, earning income from service fees.


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