MAINTENANCE OF ACCOUNTS Definition

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MAINTENANCE OF ACCOUNTS, in accounting, ensures that all transactions and accounting records are in accordance with generally accepted accounting principles and applicable laws, and shall be in sufficient detail to permit an annual audit.

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WHOLE LOAN is a mortgage pass-through or CMO backed by non-agency, single-family home mortgages.

DIVISION is a self sufficient unit within a company. A division contains all the functions necessary to operate independently from the parent company.

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