Danh mục

Mortgage Markets

Số trang: 44      Loại file: ppt      Dung lượng: 440.50 KB      Lượt xem: 15      Lượt tải: 0    
Jamona

Phí tải xuống: 10,000 VND Tải xuống file đầy đủ (44 trang) 0
Xem trước 5 trang đầu tiên của tài liệu này:

Thông tin tài liệu:

A mortgage is a form of debt that finances investment in property The debt is secured by the property. The mortgage is the difference between the down payment and thevalue to be paid for the property. Financial institutions such as savings institutions and mortgagecompanies originate mortgages. They accept mortgage applications and assess the creditworthinessof the applicants. The mortgage contract specifies the mortgage rate, the maturity, andthe collateral that is backing the loan. The originator charges an origination fee. The originator may earn a profit from the difference between themortgage rate and the rate that it paid to obtain funds....
Nội dung trích xuất từ tài liệu:
Mortgage Markets

Tài liệu được xem nhiều:

Gợi ý tài liệu liên quan: