Download or read book Correspondent Mortgage Lenders written by and published by . This book was released on 2003 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Your Successful Career as a Mortgage Broker written by David Reed and published by Amacom eBook. This book was released on 2007 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mortgage banking is one of the fastest growing industries in the country. In the next few years, home purchases are expected to run into the trillions, creating more opportunity than ever for people seeking a career in this profitable industry. Real estate author, columnist, and veteran mortgage banker David Reed offers practical advice on licensing and educational requirements, as well as valuable guidance on the different career options available as a mortgage broker, mortgage banker, correspondent mortgage banker, and more.
Download or read book The Role of Mortgage Brokers in the Mortgage Finance Market written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 1998 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Loan Officer Training written by Alex Johnson and published by Lulu.com. This book was released on 2007-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thinking about a career as a residential mortgage loan officer? Our Manual provides loan officer training and mortgage broker training for individuals at every level of the mortgage industry-from basic training for those just starting out
Download or read book An Insider s Guide to Refinancing Your Mortgage written by David Reed and published by AMACOM Div American Mgmt Assn. This book was released on 2008-09-15 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many homeowners, refinancing a mortgage can save them significant money, considerably reducing their monthly payments. It can also give them breathing space to pay off debts or allow them to make other investments, pay for college, or finance home improvements. An Insider’s Guide to Refinancing Your Mortgage is dedicated to an often-misunderstood aspect of mortgage lending: refinancing a mortgage loan. Readers will learn why to refinance, when to finance, as well as how to find the best lender, loan officer, and rate. Mortgage expert David Reed takes readers step bystep through the refinance process and shows them how to evaluate their current loan program and compare it with other options. By following Reed’s invaluable advice, homeowners will learn: when a refinance is right for them • how to lock in the absolute lowest rate at the lowest cost • how the mortgage process works from the inside • how loan officers get paid • how to identify and avoid predatory lenders • how to negotiate closing costs An Insider’s Guide to Refinancing Your Mortgage will save readers money and heartache when negotiating a loan.
Download or read book Handbook of Mortgage Lending written by Jess Lederman and published by . This book was released on 1995 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financing Residential Real Estate written by Megan Dorsey and published by Rockwell Publishing. This book was released on 2005 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2007 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mortgage Confidential written by David Reed and published by AMACOM/American Management Association. This book was released on 2010-08-18 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ultimate insider's guide to getting the best deal on mortgages... fully updated and revised!
Download or read book The Dual Mortgage Market written by William C. Apgar and published by . This book was released on 2005 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Predatory Mortgage Lending written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2002 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition in Real Estate and Mortgage Lending written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1972 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Mortgage Funding and Risk Management written by Aya Bellicha and published by . This book was released on 2016 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three chapters on mortgage funding and risk management. The U.S mortgage market is very concentrated. In 2006, the top 40 lenders were responsible for the origination of 96 percent of all mortgages (Stanton et al. (2014)). These large lenders originated about 60 percent of the mortgages through the wholesale channel, delegating parts of the origination process to third party agents such as mortgage brokers and correspondent lenders. I show that the type of agent selected by the wholesale lender could crowd out local banks, who often act as correspondents and rely on these wholesale lenders for funding. I also show that this crowding out has spillover eects. As local banks decreased their presence in the county, they have also reduced other types of lending. As a result, their local communities showed less growth in small businesses. The second chapter discusses the perils of warehouse lending. Warehouse lending is an important part of the U.S. mortgage market because a large fraction of mortgage origination, both pre-crisis and currently, is carried out by non-depositories who are reliant on warehouse facilities to fund their mortgage origination activity. After the passage of The Bankruptcy Abuse Prevention Act (BAPCPA), in April 2005, most warehouse facilities were structured as Master Repurchase Agreements (MRAs). BAPCPA re-dened the mortgage loans held as collateral on the warehouse lines (the newly originated mortgages) as repo thus exempting them from automatic stay upon the bankruptcy of the mortgage originator (the repo seller). We consider the eect of the growth of MRAs for funding mortgage originations on the performance of the mortgage originators (repo sellers) and warehouse lenders (repo buyers). We nd that mortgage originators (repo sellers), that used MRAs to fund their loans, originated mortgages of lower quality and that these originators were more likely to declare bankruptcy. Symmetrically, we nd that the warehouse lenders (repo buyers) experienced a sharper increase in mortgage charge-os and non-performing mortgages than non-warehouse lenders, even though the quality of the retail and wholesale mortgages that they originated were comparable to the quality of mortgages originated by non warehouse lenders. This negative outcome for warehouse lenders arose from the exemption of the mortgage repo collateral from automatic stay, since under BAPCPA the poor quality assets of bankrupt counter parties, the mortgage originators, became consolidated on the warehouse lender balance sheets. Thus, the consolidated loans from the bankrupt counter parties generated an important component of the deterioration in the warehouse lenders' mortgage In the third chapter, we propose an empirical duration measure for the stock of U.S. Agency MBS that appears to be less prone to model risk than measures such as the Barclays Eective Duration measure. We nd that this measure does not appear to have a strong eect on the 12-month excess returns of ten-year Treasuries as would be expected if shocks to MBS duration lead to commensurate shocks to the quantity of interest rate risk borne by professional bond investors (see, Hanson, 2014; Malkhozov et al., 2016). Given this negative reduced form result, we then explore the mortgage and treasury hedging activities of the primary MBS investors such as commercial banks, insurance companies, the agencies, the Federal Reserve Bank, Mutual Funds, and foreign investors. We nd that the only investors that may follow the models of Hanson (2014) and Malkhozov et al. (2016) are foreign investors in Switzerland and the United Kingdom and life insurance rms. Life insurance rm market share has declined over the period, dropping below 10% since 1996 and reaching 4% in 2016. Furthermore, Switzerland and the United Kingdom are not major participants in the US Treasury market. Of the investors we are not able to study, hedge funds and pensions/retirement funds are the two investor groups that may trade along the Hanson (2014) and Malkhozov et al. (2016) models. However, although these two investor groups held almost 25% of the Agency MBS market (including households and non prot organizations) in the late 1990s, post crisis their share has fallen below 10%.
Download or read book Successful Mortgage Lending Strategies for the Underserved written by David Listokin and published by . This book was released on 1998 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mortgages 101 written by David REED and published by AMACOM Div American Mgmt Assn. This book was released on 2008-05-02 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: With mortgage stories dominating the front-page news, people—whether they’re buying a new house or refinancing—increasingly have questions about the complicated issues at stake. Arranged in an easily accessible question-and-answer format, Mortgages 101 provides readers with essential lending formulas, as well as important information on lending requirements and application procedures. The book shows readers how to save money by: • understanding key terms like ARMs and hybrids—and reading what’s in the fine print • improving their credit scores to increase their borrowing power • using technology to get the lowest interest rates • maximizing their return on investment, and cutting the cost of mortgage insurance This revised edition includes up-to-date material on new loan and government programs, as well as changes to the law regarding tax deductions, down payment assistance, reverse mortgages, bankruptcy, negative amortization and more—in short, all the answers readers need, in one must-have reference.
Download or read book Residential Mortgage Lending written by Marshall W. Dennis and published by . This book was released on 1985 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ending Mortgage Abuse written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing, Transportation, and Community Development and published by . This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
