Business and Personal Finance Dictionary

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• THIRD PARTY FEES - These are fees charged by vendors to perform services related to your loan, such as ...
  
  
• THIRD PARTY GUARANTEE - Use someone else's property as security - where someone else has agreed to offe...
  
  
• THIRD PARTY ORIGINATION - When a lender uses another party to completely or partially originate, proces...
  
  
• THIRD PARTY ORIGINATOR - Third-party originators prepare loan applications for borrowers and submit the...
  
  
• THIRD PARTY PURCHASER - A successful purchaser at a foreclosure sale other than the mortgagee or mortga...
  
  
• THIRD PARTY RECOVERY - normally refers to delinquent accounts receivable recovered by a collection agen...
  
  
• THIRD-PARTY ADMINISTRATOR - Or TPA. Company that acts as a go-between for the members of a group plan a...
  
  
• THIRD-PARTY ORIGINATION - A process by which a lender uses another party to completely or partially ori...
  
  
• THIRD-PARTY ORIGINATOR - One who takes all or part of the mortgage application and transfers or sells i...
  
  
• THIRD-PARTY PAYER - Any company or entity that pays medical expenses for the insured. Typically an insu...