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: Define the mortgage extension agreement?
A: An agreement between the borrower and the lender of the mortgage who mutually agrees to extend the…
Q: A mortgage is a O short-term amortized loan that is secured by financial assets. O long-term…
A: A mortgage loan is a secured loan in which you borrow money by pledging your property as collateral…
Q: Define the term amortized but write down its meaning in your own words in reference to amortized…
A: Since there are multiple questions it is only possible to solve the 1st part.
Q: understand how the secondary mortgage market functions, remember that the primary function of this…
A: Secondary mortgage market is the market where banks repackage and sell mortgages as securities to…
Q: What is a syndicated loan? What are its advantages anddisadvantages?
A: Syndicated loan: It is moreover called as a syndicated bank facility, is loaning given by a bunch of…
Q: Explain the purchase-money mortgage?
A: Purchase-money mortgage: A purchase-money mortgage is a loan delivered to the debtor by the vendor…
Q: What is a mortgage-related security?
A: Mortgage-related security: A mortgage-related security is a kind of asset-backed security which is…
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: Mortgages can be insured? Who insures mortgages and why? Can mortgages be sold? If so, who buys…
A: YES, mortgage can be insured. Mortgage insurance is an insurance policy that protects a mortgage…
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: 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: What is a mini-perm or bullet loan? When and why is this type of loan used?
A: Answer: Project development may be characterized as the process of designing, planning,…
Q: What is a mortgage REIT?
A: Answer: Mortgage REITs invests in mortgage and own land, loan capital to real estate owners for…
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: Explain the difference between conventional mortgages, reverse mortgages, and second mortgages.
A: Difference between Conventional mortgage ,reverse mortgage , second mortgage Mortgage Mortgage is a…
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: When would there be a discount on a loan? How about a premium?
A: The loan is purchased to finance the purchase of equipment, education purposes, the purchase of…
Q: Explain the term Fixed Interest Rate Mortgage (FRM) Loan?
A: Mortgage loans: The mortgage is a type of loan in which a property or any other real estate is…
Q: Explain Restructuring the Mortgage Loan?
A: The mortgage loan restructuring option is generally considered by homeowners so that the loan…
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: 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: Explain GPM Mortgage Loans and Effective Borrowing Costs
A: Graduated-payment contract (GPM) loans: It may be a sort of fixed-rate mortgage in which…
Q: Which is the proper accounting treatment for a mortgage payment? a) Debit: Expense Debt Service…
A: A mortgage payment is a payment of liability for the organization. A reduction in liability is…
Q: What is a mortgage?
A: Mortgage : Mortgages is referred to the long-term debts owed by the business that are secured with…
Q: What is the influence of the secondary mortgage market?
A: STEP 1: INTRODUCTION Secondary Mortgage market is the market where the buying and selling of…
Q: On what factors do the interest rate and repayment terms for term loans based?
A: Loan refers to the lending of money by one ore more individuals or organizations . The recipient…
Q: What is a secured loan?
A: Secured Loan : it is a type of loan in which lender lend money on the basis of collateral or…
Q: Explain how an installment loan differs from revolving credit in terms of risk and the nature of the…
A: Installment credit is a type of loan in which the borrower receives a defined, or limited, sum of…
Q: Explain Qualified mortgages?
A: A Qualified Mortgage (QM) is a defined class of mortgages that meet certain borrower and lender…
Q: How does compound interest affect the loans you undertake? For example, how would this affect…
A: Interest is an additional value which is charged on borrowed or deposited amount. Interest can be an…
Q: What’s the purpose of the mortgage amortization for investors
A: Amortization is dividing of mortgage loans into series of payments which constitute principal and…
Q: What is a mortgage swap certificate?
A: Mortgage refers to debt instrument which is backed by collateral security. It refers to the kind of…
Q: is the importance of Mortgage Marke
A: Mortgage market is the place where you can get loans to buy the home and where you can buy or sell…
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: Explain the disadvantages and dangers of Home Equity Loans.
A: The disadvantages of home equity loans:Higher rate of interest: The interest rates are typically…
Q: What are the benefits to the back for amortizing a loan
A: In finance amortized loan is one in which fixed monthly payments are made by the borrower to the…
Q: Explain Types of Mortgage Debt and Other Obligations?
A: Introduction: Mortgage is nothing but an instrument of debt that the creditor is obliged to pay off…
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: Define The Mortgage?
A: Mortgage : It is a debt instrument or legal agreement or loan, borrowing the money from lender (…
Q: What are the pros and cons of loaning?
A: Loaning is a process of lending money. An interest rate is charged by the lenders on the money lent…
Q: What are mortgage discount points? When does it make sense to pay points on a loan? How can a…
A: Mortgage discount point are all such points which will be reducing the total amount of fees which an…
Q: How does getting a secured loan using accounts receivableas collateral differ from factoring?
A: In factoring, the corporation sells their receivable balance to the factoring corporation at a…
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: Given the role of the loan originator in the securitization process of a mortgage loan described in…
A: Securitization: A process of combining various financial assets and then selling this pool to…
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: a loan, secured by a collateral, that the borrower is obliged to pay at specific terms. O Loan…
A: A loan is referred as the funds through which one or more company, individual, or some other entity…
Q: What is calculation of Outstanding Mortgage Balance (Repayment of Mortgage)? Please provide…
A: Outstanding Mortgage Balance refers the loan outstanding at any point in time after the loan has…
Q: What is mortgage market?
A: A mortgage is a loan backed by some particular real estate property collateral.
Q: Is real estate mortgage a real contract?
A: When two parties are get into contract for the purpose of sale and purchase in order to agreeing…
Q: A subprime mortgage is a mortgage given to a borrower with excellent credit. True False
A: Mortgage refers to the legal contract between two parties who are known as the borrower and lender…
Q: Explain the terms of Classification of Mortgage Loans?
A: Mortgage Loan Mortgage means transfer of interest to immovable property in order to secure the…
What is meant by a “purchase-money” mortgage loan? When could a loan not be a purchase-money mortgage loan?
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