Mortgage Companies

Definition of Mortgage Companies:
Mortgage Bankers-Servicers-Brokers are licensed to make, purchase, buy, sell, service and broker residential mortgages. A mortgage company is usually several mortgage brokers working together along with support staff. 

We need lots of articles and e-books about this subject. Don't forget to include small companies in the mix. Often the best deal is not from one of the big guys. Dont focus on rates since they change daily, your article about where to find the best rate will be out of date before it is written.

Book or article titles:
How to Choose a Mortgage Company
Top Mortgage Companies Compared
Negotiating the Best Deal with a Mortgage Company

Some good section titles:
XYZ Mortgage Company Review of Pricing and Services
Mortgage Company Customer Service Comparison
Focus on Service Not Rates When Choosing Between Mortgage Companies
mortgage companies are very important in the mortgage business. They can mean the difference in literally thousands of dollars to a seller or buyer. One should learn as much as possible about mortgage companies in order to make good decisions about finances. When one needs mortgage companies , you can do your homework and save a bundle.
 
Mortgage: 1) a lien on the property that secures the promise to repay a loan, or 2)An instrument recognized by law by which property is hypothecated to secure the payment of a debt or obligation; procedure for foreclosure in event of default is established by statute.
Mortgage banker: a company that originates loans and resells them to secondary lenders like Fannie Mae or Freddie Mac
Mortgage broker: 1)a firm that originates and processes loans for a number of lenders, or 2) A person who arranges mortgage loans through mortgage bankers. This person acts as a middleman and is not limited to the restrictions of having to go through only one lender. This person can "shop" your loan to get you the best rate and term available.
Mortgage insurance: a policy that protects lenders against some or most of the losses that can occur when a borrower defaults on a mortgage loan; mortgage insurance is required primarily for borrowers with a down payment of less than 20% of the home's purchase price
Mortgage insurance premium (MIP): a monthly payment - usually part of the payment - paid by a borrower for mortgage insurance
Mortgage Modification: a loss mitigation option that allows a borrower to refinance and/or extend the term of the loan and thus reduce the monthly payments