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A fixed-rate mortgage that includes a provision that gives the borrower a one-time option to reduce the interest rate (without refinancing)...
The value of all of a person's assets, including cash, minus all...
The efforts used to bring a delinquent mortgage current and to file the necessary notices to proceed with foreclosure when necessary....
A credit arrangement, such as a credit card, that allows a customer to borrow against a preapproved line of credit when purchasing goods...
A report sent to the mortgagor (the borrower) each year. The report shows how much was paid in taxes and interest during the year, as well...
An improvement that increases property value as distinguished from repairs or replacements that simply maintain...
A change in the amounts that is used as the basis of an affordability analysis. A what-if scenario can include changes to monthly income,...
An objective account, normally computer-generated, of credit and legal information obtained from a credit...
The person designated to receive the income from a trust, estate, or a deed of...
The gradual repayment of a mortgage loan by...