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https://www.investopedia.com/terms/m/mandatory_mortgage_lock.asp
Jun 19, 2018 · Mandatory Mortgage Lock: The sale of a mortgage in the secondary mortgage market with terms that require the seller of the mortgage to make delivery …Author: Julia Kagan
https://www.merriam-webster.com/dictionary/mandatory
Mandatory definition is - required by a law or rule : obligatory. How to use mandatory in a sentence. Did You Know?
https://www.investordictionary.com/definition/mandatory-delivery
Mandatory delivery definition - What does Mandatory delivery mean? A type of loan purchase program offered by the Federal Home Loan Mortgage Corporation in which delivery of loans by the seller/servicer to Freddie Mac is required.
https://acuma.org/member/uploads/201708-pipeline/26_SecondaryMarketBestEffortsMandatory.pdf
from mandatory delivery commitments, assuming that best efforts delivery is the “safer” choice. But the truth is more complicated, and depending on market conditions and the lender’s individual business model, mandatory delivery often makes better business sense.File Size: 337KB
https://www.justipedia.com/definition/8415/mandatory-delivery-commitment
Mandatory delivery commitments can be relied on to gain new funding on something when it is known that securities will be released at a specific time to replace the loan or add to the collaterol.
https://dictionary.cambridge.org/dictionary/english/mandatory-order
mandatory order definition: an official order given by a court a law telling someone that they must do something or stop doing…. Learn more. Cambridge Dictionary +Plus
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