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Refinance and Mortgage Encyclopedia - endorsements

Endorsements

An additional piece of paper, not a part of the original contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder, which cites certain termsThe specific conditions of a loan, including the requirements governing receipt and repayment of a loan. and which, when attached to the original contract, becomes a legal part of that contract. (See RiderUsually known as an endorsement, a rider is an amendment to the policy used to add or delete coverage..)
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