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Is Mandatory Disclosure Unfair to Brokers?
May 8, 2000 "I take exception to your proposal that mortgage brokers be required to quote a price for their services...I like to compare our industry to a department store. Should a law be passed that requires department ... more... Introducing: Upfront Mortgage Lenders July 21, 2003 "Can I trust [name of mortgage lender]?? ?Where can I go to get information about [name of mortgage lender]? Since I began fielding questions about mortgages in 1998, these have been among the questions I have been asked most frequently ... more... |
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difficult situation mortgage related definitions |
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Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... Mortgage Baked Securities, MBS Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more... |
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