Waiver |
| The voluntary abandonment or surrender of some claim, right, or privilege. |
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Warehousing |
| The packaging together of many mortgages for the purpose of selling them in the secondary market, usually by a mortgage banker who has originated the loans. |
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Warranty |
| A promise contained in a contract. |
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Wire Transfer Fee |
| A fee charged by some lenders to cover the cost of wiring the mortgage funds to the appropriate parties, such as the title company or attorney, so that they are available for closing. |
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