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Mortgage Professor about consolidate loans: | |||||||||||||||||||||||
The Worst Mistake of Mortgage Borrowers
February 19, 2001 ?What?s the worst mistake mortgage borrowers make?? The worst mistake by far is making decisions based solely on the affordability of monthly payments, without considering ... more... Do Mortgage Lenders Recognize Bargain Prices? October 9, 2000 "I am buying a house for $105,000 but it is appraised at $120,000. Can I use the difference as my down payment?" "I have no cash and lots of credit card debt, but I think I can purchase a house for less than its appraised value. Can I use the ... more... |
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consolidate loans related definitions |
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Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... Negative Amortization Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... |
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More about consolidate loans What You Need to Know About Debt Consolidation Loans UK Consumer Debt Solution - Analyzing Your Options Debt Consolidation Loans Without Owning a Home - Free Debt Consolidation Debt Consolidation - Just Lump It All Together! Consolidation Loans for Homeowners: When Multiple Credits Become a Burden Mortgage Refinancing - 7 Important Things To Keep In Mind Bad Credit Home Loan To Get You Out Of Debt Inflation: Public Enemy Number 1 Do You Have a Debt Consolidation Plan? Finding A Company To Consolidate Debt
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