Lending Process and Regulations

Let’s Break These Down 1968 Consumer Credit Protection Act In 1968, Congress introduced the Consumer Credit Protection Act, which protected consumers’ financial information from abuse. Over the years, other laws […]

Financing: Basic Concepts and Terminology

So you want to buy a house! Let’s Get Some Financing Mortgagor vs. Mortgagee Mortgagor vs. Mortgagee Mortgagor – borrower The Mortgagor is the GIVOR. of the payment. Mortgagor The […]

Warehousing (Mortgage Markets)

Real Estate Training Institute

The Secondary Mortgage Market The secondary mortgage market is a marketplace where lenders sell mortgages and investors buy financial products backed by those mortgages. About two-thirds of home loans originating […]

Types of Loans

Real Estate Training Institute

Conventional Loans A conventional loan is any mortgage loan that is not insured or guaranteed by the government (such as under Federal Housing Administration, Department of Veterans Affairs, or Department […]

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