Definitions for "Conduit" Add To Word List
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Keywords: Raceway, Pipe, Magma, Trough, Wire
A pipe, canal, channel, or passage for conveying water or fluid.
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A narrow passage for private communication.
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Any pipe for collecting and directing storm water.
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A rigid or flexible metallic or non-metallic raceway of circular cross section in which cables are housed for protection and to prevent burning cable from spreading flames or smoke in the event of a fire.
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a type of program installed on your desktop computer that acts as a translator for information between the handheld and a desktop or laptop computer.
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A software component that ensures that the data in a PDA is consistent with the particular KDE desktop application.
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a desktop plug-in (DLL or ActiveX COM component) made in a Personal Computer (PC or desktop) development environment
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a DLL application installed on the PC side that implements the supported function calls
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The word essentially means “a natural or artificial channel through which something is conveyed”. In the commercial mortgage industry, a conduit is the financial intermediary that lends money secured by commercial real estate – underwritten to very standardized terms in order for the loan to become part of a securitized pool of commercial loans.
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An entity that serves as intermediary between the lender(s) originating loans and the ultimate investor.
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the financial intermediary that sponsors the conduit between the lender(s) originating loans and the ultimate investor. The conduit makes or purchases loans from third party correspondents under standardized terms, underwriting and documents and then, when sufficient volume has been obtained, pools the loans for sale to investors in the CMBS market.
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(a) Industry term for a firm through which mortgages flow. The company issues mortgage-backed securities based on mortgage loans it buys from a number of primary lenders. (b) A type of roll-over IRA used by individuals to transfer all or any part of a lump-sum distribution from one retirement plan to another retirement plan. (c) Any intermediary between a lender and an investor.
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An entity which issues mortgaged-backed securities backed by mortgagees which were originated by other lenders.
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An entity which issues mortgage-backed securities backed by mortgages which were originated by other lenders.
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An entity that issues mortgage-backed securities supported by mortgages originated by other lenders.
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Secondary market entity that purchases loans from originators. Conduits provide expertise to evaluate, price, purchase, and service nonconforming loans.
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A channel or passageway.
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a natural or artificial channel through which materials such as fluids are transported; for example, a water well
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A closed channel to convey the discharge of water through or under a dam.
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