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Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending. How do I avoid becoming a victim?? To educate myself on what makes a victim, I recently studied 51 case histories of households ... more... How Do You Avoid Mortgage Predators? August 20, 2001 ?I read a lot about predatory lending. How do I avoid becoming a victim?? To educate myself on what makes a victim, I recently studied 51 case histories of households ... more... |
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cash out loans related definitions |
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Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Secondary Mortgage Market Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... |
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