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[DOC File]MORTGAGE LENDERS AND MORTGAGE LOANS
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Advantage: counters negative effect on balance sheet of sale of portfolio of mortgage loans at a discount( originator can amortize loss on the discounted “sale” instead of showing it all in 1 yr. Vs. MBB: these are secured by collateral= the monthly income payment stream (principal, interest, prepayments) Vs.
mortgages for sale by banks

[DOC File]Shared Appreciation Second Mortgage - Wellesley College
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Shared Appreciation Second Mortgage. ... Upon sale of the property or refinancing or payoff of the first mortgage, the. ... (discounted to the date of your. Note) have been approved in writing by the College. The College's share of. appreciation may not exceed 12% per annum of the original principal amount of.
discounted mortgage notes

[DOC File]DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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The transaction must be an outright sale of the premises. No sale by assumption, regardless of provisions for release of liability, may be considered. Lenders may approve a sale contract in which the net sales proceeds are at least 82% of As Is appraised value. “Net Sales Proceeds” is defined as the contract price less:
buying real estate notes discount

[DOC File]ASSIGNMENT OF SALE PROCEEDS - OCBC Bank
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assignment of . sale proceeds dated the day of 20 between ("the borrower") and. oversea-chinese banking corporation limited ("the bank") assignment of . sale proceeds. contents. clause heading page. 1. interpretation 1. 2. covenant to pay 4. 3. the assignment 5. 4. receipt of proceeds 5. 5. representations and warranties 5. 6. undertakings 7. 7.
real estate notes for sale

[DOCX File]angushousingblog.files.wordpress.com
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You should advise your mortgage provider that it is a discounted value property that you wish to obtain a mortgage for, and advise them that the discount must be repaid on the next sale. Not all lenders will do mortgages on discounted value affordable properties, and some may require a substantial deposit.
mortgage notes for sale

Discounted mortgages for sale