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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... Lies Mortgage Shoppers Hear December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase. Is there a danger that people won?t tell me the truth? Any lies I should look out for in particular ... more... |
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fha mortgage insurance loan foreclosure home borrower related definitions |
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Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... MIP, Mortgage Insurance Premium MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... |
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More about fha mortgage insurance loan foreclosure home borrower
The Truth Behind Processing FHA Insurance Refunds Government Loans for Beginners What Homeowners Should Know to Stop Foreclosure- Speaking Your Lender's Language Federal Housing Administration (FHA) Home Improvements Turn Average Homes into Dreams Come True How to Spot and Avoid Predatory Lending What You Need to Know About Mortgages How Homeowner Can Save Their Home From Foreclosure VA Loans, A Gift from Uncle Sam Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor!
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