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Mortgage broker - 12/20/2006
A mortgage broker acts as an intermediary who sources mortgages on behalf of individuals or businesses.
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Predatory mortgage lending - 12/20/2006
There is concern in the US that consumers are often victims of predatory mortgage lending according to CNN. ...
Mortgage fraud - 12/20/2006
Mortgage fraud is a term used to describe a broad variety of actions where the intent is to materially misrepresent information on a mortgage loan application, in order to obtain the loan.
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Mortgage loan - 12/20/2006
Mortgage loan is the generic term for a loan secured by a mortgage on real property; the "mortgage" refers to the legal security, but the terms are often used interchangeably to refer to the mortgage loan. ...
Commercial mortgage - 12/20/2006
A commercial mortgage is a loan made using real estate as collateral to secure repayment.
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Offset mortgage - 12/20/2006
An offset mortgage is a type of mortgage common in the United Kingdom used for the purchase of domestic property.
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Mortgage Life Insurance - 12/20/2006
Mortgage Life Insurance is a form of insurance specially designed to protect a repayment mortgage. ...
Real Estate Mortgage Investment Conduit - 12/20/2006
Real Estate Mortgage Investment Conduit, or REMIC, is an investment-grade mortgage bond that separates mortgage pools into different maturity and risk classes.
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Adjustable rate mortgage - 12/20/2006
An adjustable rate mortgage, variable rate mortgage or floating rate mortgage is a mortgage where the interest rate on the note is periodically adjusted based on an index. ...
Mortgage-backed security - 12/20/2006
A 'mortgage-backed security' (MBS) is an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgages. Payments are typically made monthly over the lifetime of the underlying loans.
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Jumbo mortgages - 12/20/2006
A jumbo mortgage is a mortgage with a loan amount above the industry standard definition of conventional conforming loan limits ...
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