What is the Relationship of Note to Mortgage?

Q: What is the formula for calculating interest on a note receivable?

A: Introduction:- A note receivable is a written promissory note to receive a specified amount of cash…

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: the lending operation, how many types of loans security?

A: In lending operations banks for their safety of loans ask  for some collateral.You have to provide…

Q: Who are the parties to the contract of pledge and contract of mortgage?

A: Pledge is a formal promise or agreement while Mortgage is a type of loan that's used to finance…

Q: What is a creditor

A: Given the following question: What is a creditor?

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: What is a mortgage-related security?

A: Mortgage-related security: A mortgage-related security is a kind of asset-backed security which is…

Q: For a creditor; how is a loan impairment recorded?

A: Creditors:   They are the outside entities to whom the business owes money for any product or a…

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: What is the nature of a “discount” on notes payable?

A: A discount on Notes payable is a contra liability account to the Notes payable account. When the…

Q: How long-term deposit accounts benefit borrowers

A: A deposit account is an account that is held by the customers of a bank and financial institutions…

Q: What are credit terms?

A: Credit terms or terms of credit It is the vender purchaser agreement that rundowns the planning and…

Q: What is the Importance of Accrued Interest and Loan Payments?

A: When the bonds are being purchased and sold at that time accrued interest is considered to be…

Q: Explain why a non-interest bearing note is effectively an interest-bearing note?

A: solution concept non interest bearing note               A non interest bearing note is a note that…

Q: What is a mortgage REIT?

A: Answer: Mortgage REITs invests in mortgage and own land, loan capital to real estate owners for…

Q: Distinguish between an interest-bearing note and a non-interest-bearing note. How are the proceeds…

A: A commercial paper that contains an express and absolute promise by the maker to…

Q: Differentiate between mortgage bonds and debentures.

A: Mortgage bonds: Mortgage bonds are type of bonds in which holders have right towards real estate…

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: 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: 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: Does a Discounted Note Payable provide credit without interest?

A: Discounted Note Payable means that the purchase price(PV) is less than the maturity/face value(FV)…

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: Define the characteristics of Notes Payable?

A: A notes payable is described as the written promissory notes. By issuing notes payable, the debtor…

Q: How commercial loans and mortgages are structured in terms ofinterest and principal payments.

A: Commercial loan, as well as a mortgage, are being structured in terms of interest and principal…

Q: What is “imputed interest”? In what situations is it necessary to impute an interest rate for notes…

A: Imputed Interest: According to the Internal Revenue Service (IRS), an imputed interest is an…

Q: Does a discounted note payable provide credit without interest? Discuss.

A: Short-term notes payable: Short-term notes payable is a written promise made by the business to pay…

Q: Which are the Some covenants that may be included in the mortgage document?

A: Covenants is a contract specifying the rules and regulations between the borrower and sender.…

Q: What types of short-term credit are classified as accrued liabilities?

A: An accrued liability means the expense of the business incurred during a specific period but has yet…

Q: notes payable and interest expense.?

A: The Role of accounting is to provide information to investors, creditors, management and…

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: Define mortgage bond.

A: Corporate debt: A corporate bond can be defined as debt security that is issued by a firm and sold…

Q: What does it mean when a lender accelerates on a note? What is meant by forbearance?

A: Promissory note is written by the borrower and sent to the lender. In promissory note, borrower…

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: What do short-term notes payable represent?

A: Short-term notes payable: short-term notes payable is a written promise made by the business to pay…

Q: Describe the concept of non interest bearing on loan.

A: A non-interest bearing loan is a debt for which there is no documented requirement for the borrower…

Q: Explain the term Loan Repayment Schedule?

A: Loan is a sum of money borrowed by an individual/organization from a bank or lender that has to be…

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: What is a non interest bearing notes?

A:

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: 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: Distinguish between a mortgage and a note

A: Note is a legal document, signed by the borrower to the creditor, agreeing to repay the money. When…

Q: How is the retirement of bonds recorded?

A: Retirement of bonds can be at maturity date or before maturity date. Accounting for bonds retired at…

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…

Q: What elements do each of the loans have in common?

A: LOAN -      A loan could be a sort of debt incurred by a personal or different entity. The…