Resources
BNET Industries
- Mortgage Assistance Center Corp.
- Mortgage Assistance Center, through its subsidiary, Mortgage Assistance Corporation (MAC), operates as a financial services company that buys, sells and manages distressed single-family real estate...
- Mortgage Assistance Center Corp. company page on BNET »
BNET Business Dictionary
- Mortgage
- a financial lending arrangement whereby an individual borrows money from a bank or another lending institution in order to buy property or land. The original...
- Mortgage definition on BNET »
BNET Resources
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- Countrywide, GMAC Post Big Losses on mortgages
- By Jonathan Stempel NEW YORK (Reuters) - Countrywide Financial Corp (CFC) and GMAC LLC, which run the largest independent U.S. mortgage lenders, posted big first-quarter losses on Tuesday, hurt by credit problems as the nation's housing slump deepens. Lenders are writing down mortgages...
- News items 2008-04-29
- Banking on Success: National City Ensures Fair mortgage Lending and Investment Practices With SAS
- National City, one of the nation's largest financial institutions wanted to meet the demanding regulatory requirements of federal lending and investment laws. The company partnered with SAS. SAS automated the data management, allowing for quick and efficient analysis of millions of customer details. As a result, National City obtained tremendous...
- Case studies
- Westpac Raises mortgage Rates Again
- Westpac Banking Corp has become the third bank in less than a week to raise its variable mortgage rates independently of the central bank due to rising wholesale borrowing costs.Westpac said on Monday its standard variable home loan rates would rise by 10 basis points to 9.47 per cent...
- News items 2008-04-28
- American Home mortgage Plunges 87 Pct
- American Home Mortgage Plunges 87 PctAn investor who reads annual reports: The builders are the biggest lendersFor those who really do not have the time to read building company annual reports, here is a bullet list of tidbits that all will find interesting, particularly in light of today's mortgage environment:1. Joint...
- Discussion threads 2007-08-07
- Life After Bankruptcy - How to Restore Your Credit After a Bankruptcy and Obtain a mortgage
- It is unfortunate that many bankruptcy attorneys do not give their clients more direction with regard to restoring themselves after their bankruptcy. There are some simple steps that anyone who files a bankruptcy needs to take in order to restore themselves financially. Using the steps provided in this paper, a...
- White papers 2006-04-17
- mortgage Financing: Additional Action Needed to Manage Risks of FHA-Insured Loans With Down Payment Assistance
- The Federal Housing Administration (FHA) permits borrowers to obtain down payment assistance from third parties; but, research has raised concerns about the performance of loans with such assistance. Due to these concerns, this report examines the trends in the use of down payment assistance with FHA-insured loans, the impact that...
- White papers 2005-11-01
- IT Standards Choices And Industry Structure Outcomes: The Case Of The United States Home mortgage Industry
- Vertical IS (Information Systems) standards prescribe data structures and definitions, document formats, and business processes for particular industries, in contrast to generic IT standards, which concern IT characteristics applicable to many industries. This paper explores the potential industry structure effects of vertical IS standards through a case study of the...
- White papers 2005-04-23
- Buying a Home After Bankruptcy - Get a mortgage Loan After Bankruptcy
- If one has a bankruptcy in the past, then one should probably know how difficult it can be to get home loan financing. Fortunately, nowadays most mortgage loans are getting easier and easier to obtain after a bankruptcy. After bankruptcy most lenders want to wait at least 2 years from...
- White papers 2005-04-01
- Model Insurance Requirements for a Commercial mortgage Loan
- This article offers a set of standard insurance requirements that any mortgage lender might want to use in its loan documents for substantial loans. These requirements are reasonably complete, straightforward, thorough, and lender- oriented, without being excessive. They approach insurance as a prudent risk manager would, if that risk manager...
- White papers 2004-11-01
- Monoline Restrictions, With Applications to mortgage Insurance and Title Insurance
- The key goal of this paper is to investigate the conditions under which monoline restrictions represent sensible regulatory policy. This is an intriguing question because multiline insurance structures have the obvious diversification benefit that the firm's capital is available to support claims against any of its lines. Indeed, all states...
- White papers 2003-01-27
- Thornburg mortgage, Inc. : Corporate Governance Guidelines
- The Board of Directors of Thornburg Mortgage, Inc. has adopted these Corporate Governance Guidelines pursuant to NYSE proposed Rule 303(A) The paper also highlights Code of Conduct, Business Ethics, charters for Audit Committee, Nominating/Corporate Governance Committee and Compensation Committee, all of which are relevant to corporate governance policies and guidelines....
- White papers 2003-01-21
- mortgage Securities
- Mortgage securities represent an ownership interest in mortgage loans made by financial institutions savings and loans, commercial banks or mortgage companies to finance the borrower’s purchase of a home or other real estate. Mortgage securities are created when these loans are packaged, or “pooled,” by issuers or services for sale...
- White papers 2003-01-01
- Inside Bank Foreclosure – Fact and Fiction
- Many new investors want to buy properties directly from the bank. The attraction to bank owned properties is understandable, as it is the bank a person borrow money from to buy a home. It is natural to assume that the bank owns the property. Whether a Deed of Trust...
- White papers 2003-01-01
- A Test of Cultural Affinity in Home mortgage Lending
- "This paper assess cultural affinity as a potential explanation for observed racial disparities in mortgage rejection rates. Two formulations of the theory have evolved in the literature. The taste-based cultural affinity hypothesis asserts that lenders have a blanket preference for members of the same race, while the common bond...
- White papers 2002-02-01
- mortgage Terminations: The Role of Conditional Volatility
- Studies of mortgage termination decisions typically rely on a competing risks framework comparing defaults and prepayments. While useful tools have been developed to approximate the values of these competing default and prepayment options, the available metrics do not adequately account for the role of the conditional volatility of interest rates...
- White papers 2002-01-01
- Real Estate: mortgage Options for Retirees
- The article is about the Mortgage options plans for retirees. In recent years, many financial planners have decided that mortgage rates are sufficiently low to justify leaving it in place and investing the proceeds elsewhere. This is the best option for many retirees; however, for others, the advantages of a...
- White papers 2001-11-01
- mortgage Refinance Calculator
- This template is for Mortgage refinance calculator.
- Tools & templates 1997-03-01
Additional Resources
- Why we choose to scale the heights
- Teetering and liable to crash: not only a description of a novice wearer of seven-inch heels but also of the state of the nation. The rise and fall of hemlines is supposed to correspond with the ups and downs of the economy, with confidence-exuding short skirts reflecting...
- Articles 2008-05-08
- Charcol asks founders for fresh funds as credit squeeze hits brokers
- The turmoil in the housing market continued to bite yesterday as the mortgage broker John Charcol admitted it would have to call on its founders for cash while its trade body complained to the City watchdog that banks were unfairly excluding brokers from the best home loan deals. ...
- Articles 2008-05-08
- mortgage payment is struggle for some
- Most Utah homeowners are coping in the current housing market, but some people who have adjustable-rate mortgages say they are having difficulty making their house payments, according to a recent poll. Results from the Deseret News/KSL TV survey of 404 Utah residents, conducted by Dan Jones and...
- Articles 2008-05-08
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