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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... Questions About Mortgage Brokers and Lenders June 24, 2002 I get tons of mail from borrowers who are confused about the differences between lenders and mortgage brokers, and how these differences matter. "What is a mortgage broker?" A mortgage broker is a loan provider who offers the loan products of different ... more... |
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broker real estate agent loan property house appraisal related definitions |
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RESPA
Real Estate Settlement Procedure Act (RESPA) A federal law passed in 1974 that requires lenders to provide home mortgage borrowers in advance with information of known or estimated settlement costs. RESPA also limits the amount lenders may require to be held in escrow for ... more... Real Estate Investment Trust Real Estate Investment Trust (REIT) A trust that uses investors money to purchase and manage real estate. A Real Estate Investment Trust (REIT) is a company that invests its assets in real estate holdings. REIT investments may be excellent inflation hedge. REIT's ... more... |
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More about broker real estate agent loan property house appraisal
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