Types of mortgage loans and definitions
[DOC File]A GLOSSARY OF CREDIT UNION TERMS
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Include all types of residential first lien mortgage loans as collateral (e.g., prime, subprime, Alt-A). 2 Commercial Mortgage Loans/CMBS. Include all types of commercial mortgage loans as collateral (e.g., conduits, single name, etc.). 3 Home Equity. Include all home equity loans and/or home equity lines of credit as collateral.
[DOC File]SET OF STANDARD FORM MORTGAGE TERMS - MANITOBA
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For use on Fannie Mae Credit Enhancement Mortgage Loans and when the proceeds of a Mortgage Loan will pay off existing tax-exempt bond financing on the Mortgaged Property [NOTE: Lender may combine 6238 into 6253 to address any redundancy if the Bond Regulatory Agreement is listed as a Rent Restriction Agreement on 6102.23.]
[DOCX File]Explanation of Investment and Deposit Types
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Province of Nova Scotia. The following set of standard mortgage terms is included in every mortgage in which it is incorporated by reference thereto, or, as the case may be, in every mortgage to which it is attached, except to the extent that the provisions of these terms are modified by additions, amendments or deletions as set forth elsewhere in the mortgage.
[DOC File]Multifamily Mortgage Business Lender Memo 12-05
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Mortgage-Backed Securities Securities, including bonds collateralized by mortgage loans issued by the FNMA and FHLMC, and pass-through certificates. Mortgage Loan Commitment Written statement by lender to grant a specific loan amount, at a given rate, for a certain term, secured by a specified property, if the real property transaction is ...
What is a Mortgage-- What are the types of Mortgages?
For any Mortgage Loan where there is an ERISA Plan: Modifications to Multifamily Loan and Security Agreement (ERISA Plan) (6235). K. Assumption Agreements. For assumptions of Mortgage Loans consented to by Fannie Mae: 1. For assumptions of Mortgage Loans documented on the 2011 Loan Documents: (a) Assumption and Release Agreement (6406); or
[DOC File]NAIC BLANKS (E) WORKING GROUP - BLANKS AGENDA …
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CMOs consist of pools of mortgage pass-through securities or mortgage loans in which the cash flows of principal and interest payments are directed in a prescribed manner to different underlying classes of the CMOs. The different classes are referred to as “tranches,” with each tranche structured to have different expected risk, return, and ...
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