英语词汇“simultaneous closing (SIMO)”的翻译、意思、用法、释义-英汉经管词典

单词	simultaneous closing (SIMO)
释义	simultaneous closing (SIMO) Definition A real estate financing practice where the seller creates a mortgage note on the property and then sells it to a mortgage note buyer. The mortgage note created by the seller is sold to an investor which pays the seller in cash. The buyer will then make payments to the investor holding the note.
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