Residential Mortgage Lending: Principles and Practices
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. The author provides a thorough overview of mortgage lending today and outlines the practices of mortgage businesses to compete successfully in this competitive market. The mortgage lending industry has experienced significant changes resulting in a new economy. Addressing the SAFE Act and
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If you are being contacted by creditors or debt collectors you need to know that there are laws that are on your side to protect you. These laws provide for penalties when creditors or debt collectors go beyond the law to try to collect debts. Consumers, just like you, are collecting $1000s from major lending institutions and smaller debt collectors. Collectors hope you don't know your rights. But, filing a simple lawsuit can often bring in cart loads of cash. |
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Thorough review of mortgage lending development and practice,
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.
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|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 interesting.
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