What are some general terms and just common sense things to know about mortgage lending. (assume I know nothing on the subject) The reason I ask is I am being trained to do mortgage loans in a couple days and I feel I am unprepared. A mortgage loan is a loan secured by real property [...]

I am buying my first condominium in New York city. My parents are going to be partial investors and helping me with the downpayment and mortage. No. you are not required to pay taxes on it. Your parents are allowed to give you $10,000 a year tax free (I think it is $11,000 now). So [...]

With more people out of work and wage increases stalling,is 2 % to 3.25% mortgage rates possible to start a full recovery by July 2009 ? It will be a long, slow recovery. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-lending%2Fwill-home-mortgage-and-sales-recover-when-lending-rates-get-down-to-3-25′; addthis_title = ‘Will+home+mortgage+and+sales+recover+when+lending+rates+get+down+to+3.25+%25+%3F’; addthis_pub = ”;

I have a mortgage on my apartment and always paid it on time. Now I am going to apply for bankruptcy. My creditors are other than my mortgage lender. I wonder whether my mortgage lender would extend a period of my mortgage on the same conditions taking into account my good record by paying on [...]

Wondering about turnover and overall corporate culture as well as realistic compensation. The pay is usually high but it depends on your work and your history. Best of luck. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-lending%2Fwhat-is-like-to-work-at-lending-tree-as-a-mortgage-banker-in-terms-of-work-environment-and-realistic-pay’; addthis_title = ‘What+is+like+to+work+at+Lending+Tree+as+a+Mortgage+Banker+in+terms+of+work+environment+and+realistic+pay%3F’; addthis_pub = ”;

I don’t fully understand the mortgage lending problem going on. Can someone explain it to me or send me a link explaining it? Bank and other lending was very loose 2005-2006 especially since mortgages were being underwritten and packaged by Wall Street and big banks and sold as securities to investors. These securities were very [...]

Predatory lending takes on many forms. Some of the most prevalent are; non disclosure of fees, terms changing at the last minute, phony charges, not giving copies of all signed documents, non disclosure of terms, such as ARM, IO, Balloon payment. Many consumers have no clue as to their rights and options. Fortunately there are [...]

I thought in business school, you are taught an ethics class. Where were the business ethics? "Business ethics" fell by the wayside when the frenzy picked up momentum to downsize out of jobs the middle class. Now they are scrambling around trying to find who will qualify for a mortgage, and the pickins are slim [...]

will it go back up? They may very well have bitten the dust. Remember the S&L fiasco back in the 80s. Well here we are again. S&L number 2. Will this country never learn? Why do I even ask? Obviously not. There is a chance, and more than a slight chance that this could be [...]

how subprime mortgages and mortgage bonds have led to the interbank lending crash. Please… Someone… Answer!!! would really appreciate it, Thanks. 10 Points for best ANSWER!!! Basic terms is thus. Banks lent money addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-lending%2Fhow-subprime-mortgages-and-mortgage-bonds-have-led-to-the-interbank-lending-crash’; addthis_title = ‘how+subprime+mortgages+and+mortgage+bonds+have+led+to+the+interbank+lending+crash%3F’; addthis_pub = ”;