Residential Mortgage Lending: Principles and Practices

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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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  2 Responses to “Residential Mortgage Lending: Principles and Practices”

  1. 29 of 31 people found the following review helpful:
    4.0 out of 5 stars
    Thorough review of mortgage lending development and practice, August 31, 2001
    By 
    Andre (Washington, DC) –

    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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  2. 11 of 11 people found the following review helpful:
    5.0 out of 5 stars
    Great introduction to the industry, February 2, 2005
    By 
    R. Lakshmanan “Ram” (Chesterfield, Missouri USA) –
    (REAL NAME)
      

    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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