Q: What is the difference between a pass-through mortgage-backed security and a collateralized mortgage…
A: Introduction: Mortgage is nothing but an instrument of debt that the creditor is obliged to pay off…
Q: How can mechanics’ liens achieve priority over first mortgages that were recorded prior to the…
A: Mechanic’s liens get the priority over the first mortgages when they depend on the state recording…
Q: What is a mortgage note?
A: Long-terms notes payable: Long-term notes payable represent a legal and written promise made by the…
Q: What Percentage of down- payment do you have to give to the bank when buying a mortgage
A: Down Payment : It is the Initial lump sum amount which the borrower pay before sanction of loan.…
Q: balloon-payment mortgage. Why might a financial institution prefer to offer this type of mortgage?
A: Step 1 A balloon payment is a one-time payment that is bigger than usual at the expiration of the…
Q: Define mortgage securitisation , with a relevent example?
A: Mortgage is a loan agreement between the borrower and the lender, in which the property or real…
Q: Explain Determinants of Mortgage Interest Rates?
A: Following are the determinants of Mortgage Interest Rates: Credit score: Banks and HFCs see the…
Q: How can i get the best mortgage rates ?
A: A mortgage rate is an interplay of various quannd qualitative factors. In order to get the best…
Q: Describe some of the motives and mistakes made by the mortgage securitizers?
A: To market as well as attract borrowers for lenders.Evaluation of the borrower's credit…
Q: Explain the influence of the pricing of a mortgage pass-through security?
A: The bond prices of a mortgage pass through security are influenced by: Change in interest rate:…
Q: Explain why it's possible for tranching to make invest ing in a mortgage -backed security more risky…
A: A mortgage-backed security is a type of security which is backed up by mortgage meaning failing to…
Q: What is a mortgage payable?
A: Long-Term LiabilitiesLong-term liabilities are the obligations of the business that need not be paid…
Q: Explain Mortgage-Equity Approach?
A: Mortgage-Equity Approach: It has advanced for quite a while. It is a numerical technique, in view of…
Q: What is a mortgage-backed security (MBS)? Why is it difficult for ratings agencies to determine the…
A: Introduction: Mortgage is nothing but an instrument of debt that the creditor is obliged to pay off…
Q: When would you would use a Personal Loan? Why would you choose a Personal Loan over other methods of…
A: “Since you have posted multiple questions, we will solve fist question for you. If you want any…
Q: Which of the following is a mortgage loan that has a fixed rate, a fixed term, and fixed payments? O…
A: The question is based on the concept of mortgages and different methods of mortgages. A mortgage is…
Q: Explain the Factors Important in Mortgage Loan Pricing?
A: Mortgage loan pricing: The process of analysis and arriving at the exact interest rate for a…
Q: What is private mortgage insurance? How does it work to protect a lender from risk? What are the…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: When one examines a REIT investment, why it is important to consider the terms of the company’s…
A: REIT stands for Real Estate Investment Trust. It manages and operates properties that generate gain…
Q: From the borrower’s standpoint, what are the advantages and disadvantages ofsecuring a loan?
A: Secured loans means offering an asset or property to the lender as a collateral against the funds…
Q: Why is a mortgage a good debt?
A: Mortgage is typical loan given for purchase of home and ownership is reserved with financial…
Q: How can be Mortgage Transfer to a New Owner?
A: Assumable mortgage refers when a mortgaged property is sold along with the loan. Buyer in this case,…
Q: Why do adjustable-rate mortgages (ARMs) seem to be a more suitable alternative for mortgage lending…
A: Price level adjustable mortgage (PLAM): Price level adjustable are mortgage loans where the…
Q: Explain why adjustable rate mortgages (ARMs) are considered to be a more suitable alternative for…
A: Adjustable rate mortgages : Also referred to as variable rate or floating rate mortgages, an…
Q: What are the various types/methods of mortgages.
A: The various types of mortgages as follows: Fixed rate mortgage: In a fixed rate mortgage, the money…
Q: What is a mortgage?
A: Mortgage : Mortgages is referred to the long-term debts owed by the business that are secured with…
Q: Why might a wraparound lender provide a wraparound loan at a lower rate than a new first mortgage?
A: Introduction: Wraparound mortgage is a type of loan in which loans are given to borrowers, who is…
Q: Describe the role of mortgage bankers and how they earn profits?
A: Mortgage Bankers are people or intermediaries within financial institutions who helped in the…
Q: What are the main types of mortgages issued by financial institutions ?
A: Mortgage means taking title of the borrowers property in exchange of lending money which is repaid…
Q: Describe some of the motives and mistakes made by the mortgageoriginators?
A: The mortgage broker did not fix a target. Without a clear aim for the year, couriers can transfer…
Q: What is meant by a “purchase-money” mortgage loan? When could a loan not be a purchase-money…
A: A purchase-money mortgage loan is a loan that home sellers provide to the buyers of the home. Buyers…
Q: Explain The Federal Home Loan Mortgage Corporation?
A: Federal Home Loan Mortgage Corporation is a private corporation which is established with the…
Q: e that a friend tells you that you should not rush to pay off your mortgage early because you will…
A: Mortgages are paid by equal amounts of monthly payment that carry the payment of principal amount…
Q: Explain the different components of the Mortgage Instrument and distinguish it with promissory…
A: The details of the mortgage, including interest rates, payment durations, payment dates, and legal…
Q: Explain The Mortgage Instrument?
A: The question is based on the concept of mortgage, which is a contract between lender and borrower.
Q: Explain Incremental Borrowing Cost versus a Second Mortgage?
A: The lenders offer different repayment terms of the same loan to the different borrowers. The term of…
Q: What is the difference between a mortgage and amortgage-backed security?
A: Meaning of Mortgage Mortgage defines a loan against an asset or valuable object. Under Mortgage the…
Q: Explain Junior Mortgages?
A: Junior mortgage: A junior mortgage may be a contract subject to a to begin with or a past contract…
Q: How does mortgage securitisation impact the financial market?
A: Mortgage securitisation or mortgage backed security is similar to a bond and is made up of a bundle…
Q: subprime mortgages. Why were mortgage companies aggressively offering subprime mortgages
A: Subprime mortgages are a kind of house loan. These types of loans are provided to poor people, those…
Q: Explain The Development of Mortgage-Related Security Pools?
A: Definition : For the granting of a mortgage-backed security, a mortgage pool is a collection of…
Q: xplain mortgage financing and how can someone afford a mortgage loan
A: Financing involves raising funds for undertaking business activities. Business activities includes…
Q: Discuss the two theories of mortgage default. What are the most important factors that influence the…
A: Mortgage Default In simple term mortgage default which is described as default from the borrower to…
- Mortgages can be insured? Who insures mortgages and why?
- Can mortgages be sold? If so, who buys mortgages?
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- What is private mortgage insurance? How does it work to protect a lender from risk? What are the three 'C's' of mortgage underwriting? What is one way in which each of the 'C's' is measured?Explain Qualified mortgages?What are mortgage discount points? When does it make sense to pay points on a loan? How can a borrower make a decision?
- What is mortgage market?What is the importance of Mortgage Market?Define the term amortized but write down its meaning in your own words in reference to amortized mortgages. Explain what an interest only mortgage is and who is eligible for these types of mortgages Is a mortgage contract an asset or a liability to the lender? Are all mortgages secured debt instruments? Mortgages can be insured? Who insures mortgages and why? Mortgage companies, savings institutions and commercial banks originate mortgages. Do mortgage brokers originate mortgages? If not, what do they do? Can mortgages be sold? If so, who buys mortgages?