Find every term and definition starting with the letter "o" in the ConsumerSavings.org mortgage loan glossary…

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Loan Type

Property Value

Glossary of Mortgage Loan Related Terms

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Office of Thrift Supervision (OTS)

The regulatory and supervisory agency for federally chartered savings institutions. Formally known as Federal Home Loan Bank Board.

Origination Fee

The fee charged by a lender to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the face value of the loan.