MORTGAGE BANK
A mortgage bank specializes in originating and/or servicing mortgage loans .
A mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers . The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital .
Generally a mortgage bank originates a loan and places it on a pre-established warehouse line or credit until the loan can be sold to an investor such as fannie mae .
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