Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about high risk loans: | |||||||||||||||||||||||
What Are Mortgage Documentation Requirements?
5 October 2005 What Does Mortgage Documentation Consist Of? A lender?s "documentation requirements" stipulate a) the information about income, assets and employment that must be provided; b) whether and how this information will be used by the lender; and c) ... more... Common Questions About Mortgage Brokers May 4, 1998 "What do mortgage brokers do?" A mortgage broker is an independent contractor who offers the loan products of multiple lenders who are called "wholesalers." A mortgage broker counsels ... more... |
|||||||||||||||||||||||
high risk loans related definitions |
|||||||||||||||||||||||
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... 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... |
|||||||||||||||||||||||
More about high risk loans Home Loans and Mortgages Watch Out for Dangerous Subprime Loans Adjustable Rate Mortgage Use Rising Interest Rates to Your Advantage Five Secrets for Long-term Financial Success The Payday Company Things To Look For To Avoid a Shady Payday Loan Lender Low Interest Rate Auto Loans How to Get Approved Remortgage When Monthly Mortgage Payments are Touching New Heights Secured Personal Loans and Insides Home Loans for People with Bad Credit - Using a Sub Prime Mortgage Lender Home Loans for People with Bad Credit Using a Sub Prime Mortgage Lender Mobile Home Mortgage Loans
|
|
||||||||||||||||||||||
|