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Finance Company: A firm engaged in making loans to individuals or businesses. Unlike a bank, it does not receive deposits to make loans. It rather obtains its financing from banks, institutions or other Money Market sources.
Mortgage Banker: Company or individual that originates mortgage loans or loans on real estate and then sells them to investors. It will service the monthly payments, keep related records and act as an escrow agent to disperse funds for taxes and insurance. Such companies tend to seek commitments or obligations from Fannie Mae, Ginnie Mae, Freddie Mac or other institutional lenders such as banks or investment firms.
Real Estate Investment Trust (REIT): A company that is usually publicly traded that manages a portfolio of real estate to earn profits for shareholders. A REIT is generally diverse in nature and invests primarily in shopping malls, apartment complexes and hotels.
Surety & Fidelity Association Standard Form 15: Designed for finance companies, mortgage bankers/companies and real estate investment trusts.