Residential Mortgage Lending: Principles & Practices
| Author | : | |
| Rating | : | 4.27 (931 Votes) |
| Asin | : | 0324784643 |
| Format Type | : | paperback |
| Number of Pages | : | 592 Pages |
| Publish Date | : | 2017-12-22 |
| Language | : | English |
DESCRIPTION:
Great introduction to the industry I recommend this book to all those who want to get familiar with the U.S. Mortgage/Residential Lending industry. This book provides a good historical perspective of the industry and its development in the U.S., and explains the mortgage process from soup-to-nuts - right from the application stage to the servicing and default management stage. As an industry professional, I have benefited a lot from reading this book. I have also recommended it to many friends and associates who have benefited a lot as well. The most appealing aspects of this book are that it is comprehensive, simple-to-read, and. Thorough review of mortgage lending development and practice Andre This is a must read and good reference book for mortgage professionals, including lenders and practitioners in secondary mortgage business. The book gives excellent review of the development of residential lending in US, of government regulations, major market players, and important product types. Then the book gets to the details of mortgage lending processes and also touches the secondary markets. Readers can definitely gain valuable and practical knowledge on residential lending business after walk through the book.. vita said Four Stars. Book was in great condition and arrived promptly. The book itself is not good, poorly organized.
Part I: PRINCIPLES. Selling Loans. Index. 1. 4. . Part III: PRACTICES. Loan Administration. 2. 6. Origination and Processing. Real Estate Law. Appraisals. Underwriting. 10. Construction Lending. 8. Role of Lending. 18. 11. Lending Strategies. 9. Part II: PROGRAMS. 7. 12. Closing. 14. Equity Lending. Mortgage Lenders. Government Lending. 16. History. Conventional Mortgage Lending. Secondary Mortgage Market. Private Mortgage Insurance. 13. 5. 17. 3. Compliance. 15. Glossary
This text is designed for both employees of mortgage lenders and individuals studying real estate finance who want to enhance that study with practical residential mortgage lending principles and practices. Students will gain practical knowledge on residential lending business, and mortgage professionals will find this to be a valuable resource.. The mortgage lending industry has experienced significant changes resulting in a new economy. Each step of the mortgage process is covered while clearly explaining the fundamentals in an easy-to-understand manner. No prior knowledge of real estate finance or any part of mortgage lending is required. The author provides a thorough overview of mortgage lending today and outlines the practices of mortgage businesses to compete successfully in this competitive market. Addressing the SAFE Act and other new mortga