Anatomy of a Mortgage

Anatomy of a Mortgage

For lawyers counseling borrowers or lenders in the context of a commercial real estate loan, this is a practical and effective guide to the basic concepts of real estate finance.

Author: R. Wilson Freyermuth

Publisher: American Bar Association

ISBN: STANFORD:36105062236869

Category: Law

Page: 226

View: 303

For lawyers counseling borrowers or lenders in the context of a commercial real estate loan, this is a practical and effective guide to the basic concepts of real estate finance. It takes as its framework a detailed analysis of a commercial form mortgage document that addresses all important aspects of a mortgage transaction. Thanks to this structured format, Anatomy of a Mortgage is a valuable resource both for attorneys handling their first such transaction to more seasoned mortgage attorneys seeking a useful and comprehensive reference.
Categories: Law

Anatomy of a Mortgage

Anatomy of a Mortgage

Author: Lawrence Uchill

Publisher:

ISBN: 1634257707

Category: Commercial loans

Page:

View: 417

Categories: Commercial loans

The Banks Did It

The Banks Did It

With the structural features of the banking industry in view, the rest of the story falls into place.

Author: Neil Fligstein

Publisher: Harvard University Press

ISBN: 9780674259010

Category: Business & Economics

Page: 336

View: 631

A comprehensive account of the rise and fall of the mortgage-securitization industry, which explains the complex roots of the 2008 financial crisis. More than a decade after the 2008 financial crisis plunged the world economy into recession, we still lack an adequate explanation for why it happened. Existing accounts identify a number of culprits—financial instruments, traders, regulators, capital flows—yet fail to grasp how the various puzzle pieces came together. The key, Neil Fligstein argues, is the convergence of major US banks on an identical business model: extracting money from the securitization of mortgages. But how, and why, did this convergence come about? The Banks Did It carefully takes the reader through the development of a banking industry dependent on mortgage securitization. Fligstein documents how banks, with help from the government, created the market for mortgage securities. The largest banks—Countrywide Financial, Bear Stearns, Citibank, and Washington Mutual—soon came to participate in every aspect of this market. Each firm originated mortgages, issued mortgage-backed securities, sold those securities, and, in many cases, acted as their own best customers by purchasing the same securities. Entirely reliant on the throughput of mortgages, these firms were unable to alter course even when it became clear that the market had turned on them in the mid-2000s. With the structural features of the banking industry in view, the rest of the story falls into place. Fligstein explains how the crisis was produced, where it spread, why regulators missed the warning signs, and how banks’ dependence on mortgage securitization resulted in predatory lending and securities fraud. An illuminating account of the transformation of the American financial system, The Banks Did It offers important lessons for anyone with a stake in avoiding the next crisis.
Categories: Business & Economics

The Anatomy of the Transmission of Macroprudential Policies

The Anatomy of the Transmission of Macroprudential Policies

We analyze how regulatory constraints on household leverage—in the form of loan-to-income and loan-to-value limits—a?ect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits.

Author: Viral V. Acharya

Publisher: International Monetary Fund

ISBN: 9781513545158

Category: Business & Economics

Page: 57

View: 266

We analyze how regulatory constraints on household leverage—in the form of loan-to-income and loan-to-value limits—a?ect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits. Supervisory loan level data suggest that mortgage credit is reallocated from low-to high-income borrowers and from urban to rural counties. This reallocation weakens the feedback loop between credit and house prices and slows down house price growth in “hot” housing markets. Consistent with constrained lenders adjusting their portfolio choice, more-a?ected banks drive this reallocation and substitute their risk-taking into holdings of securities and corporate credit.
Categories: Business & Economics

Anatomy of a Financial Crisis

Anatomy of a Financial Crisis

An in-depth look at the origins and development of the current financial crisis, from an economist and Washington insider.The author explains how a wide array of financial institutions - including mortgage banks, commercial banks, and ...

Author: Marc Jarsulic

Publisher: Palgrave Macmillan

ISBN: 9781137295316

Category: Business & Economics

Page: 220

View: 935

An in-depth look at the origins and development of the current financial crisis, from an economist and Washington insider.The author explains how a wide array of financial institutions - including mortgage banks, commercial banks, and investment banks - created a credit bubble that supported nonprime mortgage lending and helped to inflate house prices.The near-collapse is shown to be the result of multiple regulatory failures and reckless decisions by financial firms that were less sophisticated than they appeared. The author concludes that significant changes in financial market regulation, especially with respect to firms that are "too big to fail," will be needed to prevent future crises and the damage they cause.
Categories: Business & Economics

Give Me Back My Credit

Give Me Back My Credit

Chapter Lesson: The Anatomy of a Mortgage Many people have asked how paying additional “principal only” payments aids in both reducing the amount of interest payable and effectively reduce the term of the loan.

Author: Denise Richardson

Publisher: Infinity Publishing

ISBN: 9780741434746

Category: Business & Economics

Page: 236

View: 736

A mesmerizing tale that exposes the steep price paid by consumers when mortgage servicing errors, inaccurate credit and illegal debt collection practices invade an innocent woman's life for 15 years.
Categories: Business & Economics

The Financial Crisis and White Collar Crime

The Financial Crisis and White Collar Crime

for, to purchase, or to insure a mortgage loan'.63 It also includes providing misleading information when making a mortgage ... 66 Gans, K. 'Anatomy of a mortgage meltdown: the story of the subprime crisis, the role of fraud, ...

Author: Nicholas Ryder

Publisher: Edward Elgar Publishing

ISBN: 9781781001004

Category: True Crime

Page: 360

View: 249

øThis timely book will be of great use to both teachers and students of financial crime relevant modules.ø It will also appeal to policy-makers in government departments, law enforcement agencies and financial regulatory agencies, as well as profession
Categories: True Crime

Anatomy of a Meltdown

Anatomy of a Meltdown

This clear and concise text by one of the foremost authorities on bank regulation features: comprehensive coverage of all of the fundamental law, policy, and practical issues raised by the crisis and the government's response to it the core ...

Author: Michael P. Malloy

Publisher: Aspen Publishers

ISBN: STANFORD:36105134527584

Category: Law

Page: 281

View: 444

Anatomy of a Meltdown: A Dual Financial Biography of the Subprime Mortgage Crisis, traces the course of two financial icons, Lehman Brothers and WaMuâ "one operating in the investment sector, the other in the consumer financial services sectorâ "on their path to financial ruin. Illuminating the nature and severity of the subprime mortgage crisis, author Michael P. Malloy presents a clear and cogent analysis of the global economic meltdown, the steps necessary to restore the financial markets, and measures that must be taken to avoid similar crises in the future. This clear and concise text by one of the foremost authorities on bank regulation features: comprehensive coverage of all of the fundamental law, policy, and practical issues raised by the crisis and the government's response to it the core of key cases preserved in timely and salient excerpts a balanced policy perspective step-by-step, highly readable analysis of the practical and policy implications of the subprime mortgage crisis the author's cutting-edge web log that offers continuously updated supplemental material generous use of examples throughout the text effective use of visual aids to illustrate concepts and spark class discussion Anatomy of a Meltdown: A Dual Financial Biography of the Subprime Mortgage Crisis, by Michael P. Malloy tells the story of the financial meltdown that swept through American and international markets, threatening to plunge the United States into depression as Wall Street and the global economy faced near-total collapse.
Categories: Law

Anatomy of an ARM

Anatomy of an ARM

Author: Richard Stanton

Publisher:

ISBN: OCLC:33400282

Category: Adjustable rate mortgages

Page: 29

View: 226

Categories: Adjustable rate mortgages

How to Open and Operate a Financially Successful Construction Company

How to Open and Operate a Financially Successful Construction Company

SAMPLE PERSONAL FINANCIAL STATEMENT – COMPLETE FOR ALL PARTIES anatoMy.of.a.Bank.loan Construction loans generally are for six months to one year and carry an adjustable interest rate, which may change either monthly or quarterly.

Author: Tanya R. Davis

Publisher: Atlantic Publishing Company

ISBN: 9781601380173

Category: Business & Economics

Page: 288

View: 766

Book & CD-ROM. Starting a construction company, even a small one, can be a very profitable venture. In good times and bad construction is an industry that will always be in demand, and construction is not an industry where technology will replace or undermine it. The construction field is growing rapidly. According to the Bureau of Labor Statistics, construction firms are expected to be one of the fastest growing business segments in the U.S. economy. There has never been a better time to start a construction company and get ahead of the competition. This is a comprehensive, detailed study of the practical side of starting and operating a construction firm. It will take you step by step through every aspect and prepare you with everything you need including sample business forms, leases, contracts; worksheets and checklists for planning, starting, and running day-to-day operations. You will get dozens of other valuable, timesaving tools of the trade that every entrepreneur should have. While providing detailed instruction and examples, the author help you find a location and business name that will bring success, take you through the process of drawing up a winning business plan (the Companion CD-ROM has the actual business plan you can use in MS Word TM), and teach you how to start and manage your construction company. You will find guidance on obtaining licenses and permits, drawing up contracts, hiring subcontractors, meeting governmental regulations, attracting new clients and referrals, applying for financing, tracking utilities, employing basic cost control systems, dealing with pricing issues, and staying ahead of the competition. You will avoid trial by error when setting up equipment layouts, meeting legal and IRS requirements, and tapping into the best sales and marketing techniques and pricing formulas. The book will even help you set up computer systems to save time and money, teach you how to hire and keep a qualified professional staff, use the best computer software, network with publishers and associations, do your own sales planning, customer service, keep your own books, compile monthly profit and loss statements, and prepare taxes. You will become adept at media planning, pricing, and public relations. You will be able to manage and train employees, motivate workers, generate high profile public relations and publicity, and learn low cost marketing ideas and low cost ways to satisfy customers and build sales. You will learn how to keep bringing customers back and build referrals the secret of continued success as well as getting thousands of great tips and useful guidelines. The manual delivers literally hundreds of innovative demonstrated ways to operate and streamline your business. Learn new ways to make your operation run smoother and increase performance, shut down waste, reduce costs, and increase profits. The secret of continued success as well as getting thousands of great tips and useful ideas. In addition, you will appreciate the valuable CD ROM resource in your daily activities as a source of ready-to-use forms, templates, worksheets, business plan, surveys, letters, web site resources, everything you will need to get up and running. We also went the extra mile and spent an unprecedented amount of time researching, interviewing, e-mailing, and communicating with hundreds of today s most successful construction company executives. Aside from learning the basics you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the construction experts chronicled in this book are earning a great deal of money for their expertise.
Categories: Business & Economics

Principles of Real Estate Practice in Tennessee

Principles of Real Estate Practice in Tennessee

Anatomy of Mortgage Lending Initiating a Mortgage Loan Qualifying for a Mortgage Loan Closing a Loan Laws Affecting Mortgage Lending The Mortgage Market Types of Real Estate Loans ANATOMY OF MORTGAGE LENDING Mechanics of a loan ...

Author: Stephen Mettling

Publisher: Performance Programs Company

ISBN: 9780915777396

Category: Law

Page: 621

View: 646

Principles of Real Estate Practice in Tennessee contains the essentials of the national and Tennessee real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Tennessee license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide. The text is tailored to the needs of the pre-license student. It is designed to - make it easy for students to learn the material and pass their real estate exam - prepare students for numerous career applications - stress practical, rather than theoretical, skills and knowledge. Principles of Real Estate Practice in Tennessee is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education. Table of Contents The Real Estate Business Rights in Real Estate Interests and Estates Ownership Encumbrances and Liens Transferring and Recording Title to Real Estate Leasing Essentials Land Use Planning and Control Legal Descriptions Fundamentals of Contract Law National Agency Listing Agreements: An Overview General Brokerage Practices Overview of Conveyance Contracts Real Estate Market Economics Appraising and Estimating Market Value Real Estate Finance Real Estate Investment Real Estate Taxation Professional Practices Closings Overview of Licensing and Regulation Risk Management Property Management The Tennessee Regulatory Environment Tennessee Licensing Regulation Tennessee Brokerage Regulation Tennessee Agency Other Tennessee Laws Glossary of Residential Style and Construction Terms Glossary of General Real Estate Terms Index Note: We also publish Tennessee Real Estate License Exam Prep
Categories: Law

Principles of Real Estate Practice in Michigan

Principles of Real Estate Practice in Michigan

Anatomy of Mortgage Lending Initiating a Mortgage Loan Qualifying for a Mortgage Loan Closing a Loan Laws Affecting Mortgage Lending The Mortgage Market Types of Real Estate Loans ANATOMY OF MORTGAGE LENDING Mechanics of a loan ...

Author: Stephen Mettling

Publisher: Performance Programs Company

ISBN: 9780915777587

Category: Law

Page: 555

View: 283

Principles of Real Estate Practice in Michigan contains the essentials of the national and Michigan real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Michigan license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide. The text is tailored to the needs of the pre-license student. It is designed to - make it easy for students to learn the material and pass their real estate exam - prepare students for numerous career applications - stress practical, rather than theoretical, skills and knowledge. Principles of Real Estate Practice in Michigan is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education. Table of Contents The Real Estate Business Rights in Real Estate Interests and Estates Ownership Encumbrances and Liens Transferring and Recording Title to Real Estate Leasing Essentials Land Use Planning and Control Legal Descriptions Fundamentals of Contract Law National Agency Listing Agreements: An Overview General Brokerage Practices Overview of Conveyance Contracts Real Estate Market Economics Appraising and Estimating Market Value Real Estate Finance Real Estate Investment Real Estate Taxation Professional Practices Closings Overview of Licensing and Regulation Risk Management Property Management Michigan Licensing Regulation Rules Governing Licensees Contractual Relationships Housing Regulations Property-Related Disclosures Other Points of Law and Practice Glossary of Residential Style and Construction Terms Glossary of General Real Estate Terms Index
Categories: Law

Principles of Real Estate Practice in New Jersey 2nd Edition

Principles of Real Estate Practice in New Jersey  2nd Edition

Anatomy of Mortgage Lending Initiating a Mortgage Loan Qualifying for a Mortgage Loan Closing a Loan Laws Affecting Mortgage Lending The Mortgage Market Types of Real Estate Loans ANATOMY OF MORTGAGE LENDING Mechanics of a loan ...

Author: Stephen Mettling

Publisher: Performance Programs Company

ISBN: 9780915777570

Category: Law

Page: 585

View: 574

Principles of Real Estate Practice in New Jersey contains the essentials of the national and New Jersey real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by New Jersey license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide. The text is tailored to the needs of the pre-license student. It is designed to - make it easy for students to learn the material and pass their real estate exam - prepare students for numerous career applications - stress practical, rather than theoretical, skills and knowledge. Principles of Real Estate Practice in New Jersey is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education. Table of Contents The Real Estate Business Rights in Real Estate Interests and Estates Ownership Encumbrances and Liens Transferring and Recording Title to Real Estate Leasing Essentials Land Use Planning and Control Legal Descriptions Fundamentals of Contract Law National Agency Listing Agreements: An Overview General Brokerage Practices Overview of Conveyance Contracts Real Estate Market Economics Appraising and Estimating Market Value Real Estate Finance Real Estate Investment Real Estate Taxation Professional Practices Closings Overview of Licensing and Regulation Risk Management Property Management The New Jersey Regulatory Environment New Jersey Brokerage Regulations New Jersey Agency and Business Practices New Jersey Real Estate Contracts New Jersey Housing Regulations Other New Jersey Laws and Practices Glossary of Residential Style and Construction Terms Glossary of General Real Estate Terms Index For students looking for a New Jersey exam prep book, we publish New Jersey Real Estate License Exam Prep
Categories: Law

Principles of Real Estate Practice in Arkansas

Principles of Real Estate Practice in Arkansas

Anatomy of Mortgage Lending Initiating a Mortgage Loan Qualifying for a Mortgage Loan Closing a Loan Laws Affecting Mortgage Lending The Mortgage Market Types of Real Estate Loans ANATOMY OF MORTGAGE LENDING Mechanics of a loan ...

Author: Stephen Mettling

Publisher: Performance Programs Company

ISBN: 9780915777594

Category: Law

Page: 598

View: 348

Principles of Real Estate Practice in Arkansas contains the essentials of the national and Arkansas real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Arkansas license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide. The text is tailored to the needs of the pre-license student. It is designed to - make it easy for students to learn the material and pass their real estate exam - prepare students for numerous career applications - stress practical, rather than theoretical, skills and knowledge. Principles of Real Estate Practice in Arkansas is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education. Table of Contents The Real Estate Business Rights in Real Estate Interests and Estates Ownership Encumbrances and Liens Transferring and Recording Title to Real Estate Real Estate Leases Land Use Planning and Control Legal Descriptions Real Estate Contract Law Agency Listing Agreements The Brokerage Business Contracts for the Sale of Real Estate Real Estate Market Economics Appraising and Estimating Market Value Real Estate Finance Real Estate Investment Real Estate Taxation Ethics: Laws and Practices Closings Real Estate Licensing and Regulation Risk Management Property Management The Arkansas Regulatory Environment Arkansas Licensing Regulation Regulation of Arkansas Licensees and Practice Arkansas Brokerage Relationships and Disclosures Arkansas License Law Enforcement Other Arkansas Laws Affecting Practice Glossary of Residential Style and Construction Terms Glossary of General Real Estate Terms Index
Categories: Law