![]() ![]() ![]() ![]() ![]() ![]() |
||
Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Professor about mortgage contract: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sign an Exclusive Contract With a Mortgage Broker?
20 June 2005 Many borrowers are reluctant to sign a contract with a mortgage broker that bars the borrower from working with another loan provider. The following letter is typical. ?The mortgage broker I contacted asked me to sign an "exclusive agency" agreement that says I ... more... What Is Predatory Lending? November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage contract related definitions |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Default
Default Failure to meet legal obligations in a contract, specifically, failure to make the monthly payments on a mortgage. You'll ... more... Wraparound Mortgage Wraparound Mortgage Mortgage Loan which provides a buyer with the amount of the remaining balance on a seller's mortgage plus an additional amount which is requested by seller as part of the contract of sale. Payments are made to the lender who holds the wraparound loan. ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
More about mortgage contract Basic Mortgage Terms Home Loan Applications Made Easy Buying A Home With No Money Down or Bad Credit - PMI Can Make It Easier Mortgage Companies - Prime Lenders vs Sub Prime Lenders Mortgage - Provides you the Best Deal Against Your Home Hawaii Mortgage and Home Loan Trends What to Do After You've Lost The "Big One" Debt a Glossary of Terms No Down Payment Poor Credit Mortgage Loans - No Money Down Loan Information What is a Self-Certification Mortgage?
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|