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Mortgage Professor about credit unions: | |||||||||||||||||||||||
Will My Mortgage Loan Be Sold?
September 20, 1999 "I have been told that any lender I go to will probably sell my loan. Is that true? Am I justified in feeling disturbed about this?" Yes, it is true, but no, I don?t think you should be disturbed about it. A majority of borrowers deal with ... more... Mortgage Lenders, Mortgage Brokers & Loan Officers December 22, 2000 "What is the difference between a lender and a mortgage broker?" "What is the difference between a retail lender and a wholesale lender?" "What is a 'direct' lender ... more... |
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credit unions related definitions |
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Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... 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 credit unions What is a Debt Consolidation Service? Debt Consolidation Home Equity Loans Lower Bills and Improve Credit Score The Importance of Your Credit Report Which Credit Bureau Should I Use To Check My Credit Report? Consolidating Your Government Student Loans Can You Acquire Good Credit Overnight? You Bet If You Need a Used Car Loan, Then You Should Apply On The Internet Searching for a Mortgage in Lexington? Mortgage Brokers For Home Loan Refinance - Refinance Online Buying a Home after Foreclosure - Comparing Bad Credit Lenders
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