Home > Glossary > Magic Wrap

Meaning / Definition of

Magic Wrap

Categories: Credit and Debt, Real Estate,

A mortgaging procedure in which MGIC insures a mortgage and sells it on the secondary market when the mortgage wraps around an existing VA or fha mortgage.

Featured term of the day

Definition / Meaning of

Genetic Information Nondiscrimination Act (GINA) Of 2008

Categories: Insurance,

removed

Most popular terms

1. Consensus Recommendation
2. U.S. Treasury Securities
3. Charitable Remainder Trust
4. Floating Rate
5. Use-based Application
6. Loss Payable Clause
7. Broad-base Index
8. Motor Vehicle
9. Americans With Disabilities Act (ADA) Of 1990
10. National Highway Traffic Safety Administration (NHTSA)

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital