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Mortgage Loans
Essay # 22248
Mortgage Loans
Discusses types, borrower criteria, lenders (primary, secondary, private), guarantees and foreclosure.
1,800 words (approx. 7.2 pages) |
9 sources |
1995
From the Paper:
"To understand the mortgage loan market, it is necessary to understand that lenders no longer merely consider the price of a property, an interest rate and issue 30-year fixed rate loans, as was once the case. Today's real estate market is filled with consumers who pose different levels of risk, and with more financial instruments and alternatives than at any time in the past. Creative financing instruments emerged in the late 1970s and early 1980s when interest rates were well into double digits, and the deregulation of the banking and savings and loan industries have resulted in additional financing options. There are a number of federal agencies now involved with the real estate market, and the result is a complicated collection of loans and financing options that can leave the casual buyer baffled. This research examines the different types of loans that ..."More papers on Mortgage Loans:
Cite this paper
APA Citation:
Mortgage Loans (2012, January 15). Retrieved February 11, 2012, from http://www.academon.com/Essay-Mortgage-Loans/22248
MLA Citation:
"Mortgage Loans" 15 January 2012. Web. 11 Feb. 2012. <http://www.academon.com/Essay-Mortgage-Loans/22248>
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