table funding

0.01 sec.

table funding

A lending method employed when a loan originator does not have access to the money necessary to make loans and then hold them until it has enough to sell on the secondary market. As a result, the originator forms a relationship with a lender who provides the funds for closing and immediately takes an assignment of the loan.This is called table funding. Under regulations of the Department of Housing and Urban Development, table-funded loans must disclose service release premiums—profit received by the originator—on the loan closing settlement statement. Loans sold on the secondary market do not have to make those disclosures.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			That goes well, and the next thing you know you have some small brokers that want to become lenders, [so] you're table funding. Resetting attitudes by Morse, Neil J. / Mortgage Banking In addition, three of the consensuses are summarized: allocation of a residual value guarantee to minimum lease payments in leases involving land and buildings, measuring loss accruals by transferors of receivables with recourse and table funding arrangements. Guarantees involving leases for land and buildings, measuring loss ... by Journal of Accountancy Not only are we ensured the loans will be closed accurately, their experience with table funding and the additional steps needed to make these loans close on time equates to less effort and headaches on my part. LenderLive Network Experiences Increase in Closing Coordination Demand by Business Wire			Systematic Return Systematic Risk Systematic Risk Principle Systematic Withdrawal Systematic Withdrawal Plan Systemic Risk Systems Safety Engineering Systems theory SZ SZL SZSE Component Index T T bill T+1 T+1 (T+2,T+3) T+2 T+3 T-account T-Period Holding-Period Return T-Rex Fund T. Boone Pickens TA-100 Index TAA TAB Tabeliao table funding Table of Denial Orders Tableau d'amortissement Tableau de financement Tabs Tabular Cost of Insurance Tabular Plans Tabulation Report TAC Bond TAC Bonds tack Tackoscope Tactical Asset Allocation Taft-Hartley Act Taft-Hartley Pension Plan Tag Ends Tag Line Tag Sale Tag-Along Right Tagesgeschaft Tageshandler Tai-Pan Tail Tail Coverage Tailgating Tailored Life Insurance			Table Cloth Table Control System Table cover table d' hote table d'hote Table d'hôte Table D’ Hote Table dance Table dancer Table dancing Table Dancing with Betty Table Data Table de Concertation en Environnement de Portneuf Table diamond Table dormant Table Editor Table etiquette Table fern Table Fetch Continued Row table flotation table food table food table food table food Table football Table football Table Football Association of Ireland Table Formatted Aeronautical Data Set table funding table game Table Generate Table Header table iceberg Table Jeunesse de l'Outaouais table knife table knoll table lamp table lamps table licence table licences table lifting Table Light table linen table locking table look-up table look-up device Table Lookaside Buffer table lookup table lookup Table Maintenance Utility Table Management Distribution System table management program Table manners table mat

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.