![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|
|||||||||||||||||||||||
| Mortgage Professor about government mortgage: | |||||||||||||||||||||||
|
Canceling Private Mortgage Insurance (1)
November 6, 2000 "Is it true that if my house appreciates to where I have 20% equity, I can have my mortgage insurance cancelled?" "My lender refuses to cancel my mortgage insurance because [Fill in the blank with any of a dozen reasons]. Is this legitimate ... more... Fannie Mae Under the Gun 17 January 2005 The Accounting Scandal at Fannie Mae "The media has been full of stories recently about accounting scandals at Fannie Mae?Is this another Enron? What does it mean to John Q. Public?" It is an accounting scandal, and heads have rolled as a result, but it is not ... more... |
|||||||||||||||||||||||
government mortgage related definitions |
|||||||||||||||||||||||
|
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... FHA Mortgage Insurance FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... |
|||||||||||||||||||||||
|
More about government mortgage Mortgage Payment Amount How is It Calculated? A Personal Mortgage Experience Reverse Annuity Mortgage Tapping Into Your Equity Searching for a Mortgage in Lexington? Technology & Weight Loss: Putting An Online Tool to Use Private Mortgage Insurance Your Rights and Responsibilities Alternative Options For Rising Interest Rates Uncle Sam Wants to Know Where You Are Going! Second Mortgage Lenders Types of Mortgage Loans The Basics
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||