Evaluating carryback sellers: secured and unsecured
This article covers the merits of an unsecured carryback note when the seller’s equity is less than 20% of the property’s market value, and dives into the use of a vendor’s lien.
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Tag: mortgages
MLO Mentor: Section 35 loans, Part II
his article discusses the special appraisal rules applied to Section 35 loans.
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MLO Mentor: The eligible non-borrowing spouse
This article discusses HECM loans and the eligible non-borrowing spouse.
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MLO Mentor: Different types of ARMs
This article reviews the different types and features of adjustable-rate mortgages (ARMs).
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MLO Mentor: Section 32 coverage tests
This MLO Mentor guide helps you quickly identify when a loan falls under Section 32 requirements....
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Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat
The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.
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Still high, commercial mortgage delinquency rates decline in Q1 2021
Commercial industries continue to experience mixed impacts from the ongoing recession in the first quarter (Q1) of 2021.
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DBO Bulletin Digest August 2019
Your August 2019 DBO Bulletin digest
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FARM: Pay off your mortgage sooner
Use this first tuesday FARM Letter in your marketing. To request a FARM letter topic, or to see a...
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FARM: First-time homebuyer programs
Use this first tuesday FARM Letter in your marketing. To request a FARM letter topic, or to see a...
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