consumer mortgage


Also found in: Dictionary, Thesaurus.

consumer mortgage

Usually a home mortgage loan, but sometimes also refers to mortgages on rental houses.

References in periodicals archive ?
Under the terms of the deal, Santander will take over GE Capital's consumer mortgage unit in Mexico, which includes a $2 billion loan portfolio.
For a fee, the government will underwrite consumer mortgage lending at a bank for seven years from the origination of the loan.
Since the Fed announced its plan in September to buy up to $ 40 billion of mortgages a month, consumer mortgage rates have fallen more slowly and by less than they would have done in more normal times.
St Paul, MN, June 15, 2011 --(PR.com)-- Mortgages Unlimited, Inc has announced the expansion of its presence in the East Metro area with the opening of its newest consumer mortgage origination loan office in St Paul, MN.
According to the company, Home Loan Center, which operates as LendingTree Loans, a correspondent lending company, originates and processes consumer mortgage loans across the United States.
For example, for the first time ever, there began to be a greater risk of consumer mortgage default than consumer credit card default.
In addition, CDS Group will continue cooperating with Sberbank in the area of consumer mortgage lending and implementing modern technology and services for retail clients, including on the domclick.ru website.
The bank said it plans to sell or terminate "substantially all business activities of its consumer mortgage origination unit."
Help to Buy's controversial mortgage guarantee, the second part of the scheme in which the government offers for a small fee to underwrite a bank's consumer mortgage lending, has been brought forward to launch in October, rather than January 2014 as originally planned.
GE Capital (NYSE: GE) has said that it has signed an agreement under which Grupo Financiero Santander Mexico will acquire GE's consumer mortgage business in Mexico, covering all of its operations, including its USD2bn consumer mortgage portfolio.
Another SR1 billion ($266 million) has been invested by the Saudi Real Estate Refinance Company (SRC) to develop the consumer mortgage market, via financing from real estate financer Amlak International.
Mason, the merger brings together Simplicity Bank's strong Southern California retail franchise with HomeStreet's growing regional consumer mortgage, residential construction and commercial real estate operations.

Full browser ?