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Mortgage Professor about subprime loans: | |||||||||||||||||||||||
Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more... Second Mortgage Versus Home Equity Loan June 9, 2003, revised August 30, 2003 "What are the differences between a second mortgage and a home equity loan?" The terminology is confusing. A second mortgage is any loan that involves a second lien on the property. Some second mortgages are for a fixed dollar ... more... |
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subprime loans related definitions |
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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... 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... |
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More about subprime loans Mortgage Loans For People With Bad Credit Bad Credit Loans and Lender Questions & Answers Refinance Online Home Loan For People With Poor Credit How to Get the Best Auto Loan Rates and Terms with Subprime Credit Real Estate Investing 101 Understanding the Different Types of Lenders Home Mortgage Loans for People with Bad Credit - Pros and Cons Subprime Mortgage Loans Online - What To Expect Bad Credit Debt Consolidation Help Home Mortgage Loans for People with Poor Credit - Low Credit Score Lenders
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