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More Mortgage News
Loss Payable Clause
A loss payable clause is a provision in a policy that enables a lender...
- Posted May 11, 2019
A closed-end mortgage refers to a restrictive home loan which has been fully funded...
- Posted May 9, 2019
Reverse leverage describes the situation where the interest rate of financing an asset (like...
- Posted May 7, 2019
An open mortgage is a home loan that the borrower can fully repay at...
- Posted April 18, 2019
Performing Loans And Nonperforming Loans
A performing loan is as defined by the Federal Financial Institutions Examinations Council to...
- Posted April 4, 2019
An exculpatory clause in a mortgage contract enables a borrower to be relieved from...
- Posted February 11, 2019
5 Basic Ways And 1 Advanced Tip To Boost Your Credit Score
If you are reading this article, you probably have a good feeling of how...
- Posted February 8, 2019
LIBOR Interest Rates Don’t Just Concern Your Mortgage
LIBOR is an index rate which specifies the interest charged when banks lend...
- Posted February 2, 2019
The option risk refers to the risk that investors of mortgage back securities are...
- Posted January 13, 2019
An open-end mortgage is a home loan that allows borrowers to draw future advances...
- Posted January 10, 2019