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Mortgage Professor about mortgage banker: | |||||||||||||||||||||||
Can I Accelerate Interest Deductions?
August 5, 2002, Postscript September 21, 2002 "I need to shift as much expense as possible to 2002 because I intend to itemize that year. My thought is to pay in 2002 all 12 of my mortgage payments due in 2003, in this way shifting all the interest deductions from 2003 ... more... 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... |
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mortgage banker related definitions |
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Mortgage Banker
Mortgage Banker Mortgage Banker providing mortgage financing to borrower with its own funds. Some mortgage bankers do provide long term (permanent) financing, the majority specialize in short term financing. However, mortgage companies often loosely apply this term to ... 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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