Glossary of Real Estate Industry Terms » Mortgage Masters Group
US Department of Housing and Urban Development Acronyms CDBG – Community development block grant CFO – Chief Financial Officer CPD – Office of Community Planning and Development Fannie Mae – Federal National Mortgage Association FFMIA – Federal Financial Management Improvement Act of 1982 Freddie Mac – Federal Home Loan Mortgage.
GLOSSARY OF REAL ESTATE TERMS . A . Abstract of Title. by creating the fear that the entry of a minority group or groups into the neighborhood will cause a precipitous decline in property values.. – The evidence of a personal debt which is secured by a mortgage or other lien on real estate.
Here are highlights of the real estate outlook for home buyers, builders and renters. Rising prices, a shortage of homes for sale, escalating mortgage rates and federal tax revisions are making things.
JPMorgan Chase Bank NA v. Michael Porzio: Memorandum of Decision On March 1, 2007 the defendants, Michael Porzio and L. Michael Porzio, executed an Adjustable Rate Note in the amount of $2, 500, 000. The lender was Washington Mutual Bank, FA. On that same date the defendants, Michael Porzio and L. Michael Porzio, executed a mortgage deed secured by a first mortgage on the real property known as 2 Angora Road.
fixed-rate mortgage A mortgage whose rate remains constant throughout the life of the mortgage. flood insurance The Federal Flood Disaster Protection Act of 1973 requires that federally-regulated lenders determine if real estate to be used to secure a loan is located in a Specially Flood Hazard Area (SFHA).
Glossary of Real Estate Terms 80-10-10 A type of blended mortgage loan which avoids private mortgage insurance (PMI). It consists of an 80% – 30 year first lien at market rates, a 10% – 15 year second lien at a slightly higher interest rate, and a 10% down payment. Instead of having to come up with a 20% down payment, a buyer
confidentially firebreak asmith is the user account of Dr. Adrienne Smith in the Central Intelligence Agency Data system, which is accessible from the computer terminal in the interrogation room depicted in the main menu of Call of duty: black ops. contents[show] password The asmith account uses a non-secure password.
a real estate broker or agent who is a member of the National Association of Realtors, a professional real estate group that subscribes to a Code of Ethics. Not every broker or real estate agent is a Realtor, a word that is a registered trademark and always capitalized
and multiple NBFCs of Reliance ADAG group, and collapse in the stock price of Indiabulls Housing Finance due to its exposure to the real estate segment. The residential real estate space has been.
Real Estate Glossary. Adjustable rate mortgage (ARM): A type of mortgage loan whose interest rate is tied to an economic index, which fluctuates with the market. Typical ARM periods are one, three, five, and seven years. Agent: The licensed real estate salesperson or broker who represents buyers or sellers.