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Avoiding Markups on Third Party Settlement Services
December 17, 2001 ?The Federal appellate court in the 7th circuit recently ruled that it is legal for lenders to make a profit on third party services sold to borrowers, such as appraisals and credit reports. In contrast, HUD has always said that markups were illegal if there were no ... more...

Fannie Mae Under the Gun
17 January 2005 The Accounting Scandal at Fannie Mae "The media has been full of stories recently about accounting scandals at Fannie Mae?Is this another Enron? What does it mean to John Q. Public?" It is an accounting scandal, and heads have rolled as a result, but it is not ... more...

mortgage back end points related definitions

Back End Points vs. Front End Points
Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker. ... more...

Back End Pionts vs Front End Points
Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker ... more...

More about mortgage back end points

Real Estate Stories that Show You How!
Lets begin easing you out of the pits. I mean, comfort zone! Im going to slowly and methodically give you as many little sparks and insights to the relatively simple ways that ordinary people use real estate to achieve extraordinary results.Stories are the best spark plugs. They let you casually ... more...

The US Dollar Is Not Weak
In 2004, The USD Was Falling, But the Dollar Was Never Weak!Germany's long term economic policy has been to cultivate a permanent trade surplus by saving more, and consuming less. But there is another side to their trade surplus/high savings rate story. Growth in Germany is 1/3rd that in the US, ... more...

Challenging the Gospel of Growth -- Must Business Grow to Survive?
A cherished business doctrine is that growth must be a primary business purpose: grow or perish is a mostly unquestioned truth. At South Mountain we favor certain kinds of growth, but not expansion for its own sake, which author Edward Abbey described as the ideology of the cancer cell. We embrace ... more...

Why Gamble on Sports?
Its really not that big of a stretch of the ole imagination to think that todays gamblers are no different than gamblers of old, the only real difference is what gamblers of old wagered on and what gamblers of today wager on.Today we gamble on a lot of the very same things that gamblers of ... more...

Give Yourself Credit
The Beginning of the Credit Card EraIn 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York City. From that modest beginning, credit cards have become an indispensable part of modern life. Consumers rely on credit cards to help them achieve ... more...

How to Buy a Business in Australia
So now its time to take that big plunge and be your own boss. Where will I start? What do I look for? And for that matter what business will I buy? Will I relocate? Can I get finance? Who do I go to for the right advise?These are just a few of the concerns when you decide on buying a business and ... more...

Lesson 1 - Why Aren't You Wealthy?
We will start the Financial Fitness System with the assumption that you are out of shape financially or you would not have decided to subscribe to the course. So, again, why aren't you wealthy? There are some exceptions, but for the majority of the world it's the same reason. You did not choose to ... more...

Is Your Marketing Missing The Cookie Factor
Is your marketing pouring some serious money down the drain, because you dont have a cookie factor? Just what the heck is a cookie factor anyway? And, how can you apply this simple marketing strategy and psychological principle to rake in some big bucks? You Buy $30 Takeaway, You Get Free Coke and ... more...

Online Advertising Versus Traditional Media Advertising
Before I compare today's online advertising with traditional media advertising I will make an analogy.If you've been on the Internet for as long as I have, you probably noticed that things have changed dramatically. About 6, 7 years if you were using online dating sites it was a lot easier to ... more...

7 Ways to Get to the Truth: When the Sale Disappears
Based on his most recent e-mail, "Everything looks good -- I'll get back to you so we can move this forward"--everything points to a probable sale. You feel so relaxed, happy, and hopeful. Then a couple of days go by with no phone call or e-mail. You tell yourself, "He's probably busy. I know he'll ... more...


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