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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... HUD and Yield Spread Premiums October 3, 2001 The recent decision of the US 11th Circuit Court of Appeals in the case of Culpepper vs Irwin has suddenly swung the spotlight on HUD policy regarding yield spread premiums (YSPs) retained by mortgage brokers. To this date, HUD has been impotent in dealing ... more... |
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real esatate property interest lender hud lenders home buying related definitions |
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Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... Second Home, Vacation Home Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... |
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More about real esatate property interest lender hud lenders home buying
Death, Taxes, and Foreclosures A Guide to Common Loan Terms How to Negotiate a Successful Short Sale Buy FHA HUD Homes Hard Money Lenders -- "No Money Down" The Easy Way 9 Home Buyer Traps and How to Avoid Them Practical Advice for Finding Irish Castles for Sale Email Marketing Strategies That Work How to Become a Successful Real Estate Developer Renting Back After Your Home Is Sold
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