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Are Mortgage Brokers Like Car Dealers?
March 5, 2001 "My cousin financed his car through the car dealer and is now involved in a class action suit against the lender? As I read about how car dealers arrange financing, it strikes me that they operate just like ... more... Fixing the Mortgage System So It Works For Borrowers September 5, 2005 In some respects, the United States housing finance system is the best in the world. In other respects, it is unworthy of a banana republic. Our housing finance system has a primary market and a secondary market. The primary market is the market the borrower ... more... |
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mortgage best loan insurance credit problems broker house 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... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
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More about mortgage best loan insurance credit problems broker house
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