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GLOSSARY

 GLOSSARY TERMS by Alpha
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1. 1 2 3 Online Cash
Personal Loans
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Home Loans
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Auto Loans
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4. Lower My Bills
Consolidation Loans
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W-2
W-4
Waiver of Lien
Walk-away lease
Warehouse Fee
Warehouse Lender
Warranty
Weighted Average Coupon (WAC)
Wet Funding
Wholesale value
Will
Without Recourse
Working Capital Ratio
Wraparound loan or Wraparound mortgage
Writ of Execution
Write Off
WSJ Prime Rate

Wet Funding

Any advance of new funds to a mortgage banker for funding or purchasing mortgage loans where the collateral package is not in possession of the collateral agent or is not free of lien or bailment.

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