Featuring an easy-to-read narrative format and contemporary focus, this text provides cutting-edge coverage of specialized mortgage lending procedures--including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices.
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PART I: PRINCIPLES. History & Background. Money & Interest Rates. Mortgage Lenders. Secondary Mortgage Market. Mortgage Documents. Mortgage Repayment Plans. Federal Government Underwriting Programs. Mortgage Default Insurance, Foreclosure, and Title Insurance. PART II: PRACTICES. Borrow Qualification. Property Analysis. Commercial Loans: Construction & Land Loans. Commercial Building & Farm Loans. Other Financing Practices. Technology Advances in Financing & Investments. Environmental Issues. Settlement Procedures. Glossary. Appendices. Index.
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