ASAP Options
ASAP SaleASAP SalePurchase option where you Deliver a Mortgage Loan in exchange for cash while trading the Delivered Mortgage Loan MBS with an MBS Investor. and ASAP PlusASAP PlusPurchase option expediting Mortgage Loan Delivery using a 2-stage process before redelivering for purchase per the applicable ASAP Contract. (including ASAP PlusASAP PlusPurchase option expediting Mortgage Loan Delivery using a 2-stage process before redelivering for purchase per the applicable ASAP Contract. POC) purchase options per Part IV, Chapter 2: Rate Lock and Committing, Section 205: ASAP Options.
Synonyms
ASAP Option