Residential Mortgage Lending: Principles and Practices

Designed for both employees of mortgage lenders and individuals studying real estate finance, Residential Mortgage Lending: Principles and Practices provides an overview of mortgage banking and outlines strategies that mortgage bankers can utilize to compete successfully in today’s competitive business environment. While clearly explaining the fundamentals in an easy-to-understand manner, this edition has a new emphasis on the practical applications of residential mortgage lending making it an excellent resource for learning mortgage banking operations. No prior knowledge of finance or any part of mortgage lending is required.

• No prior knowledge of finance or mortgage lending is necessary.
• Discussion points for each chapter help facilitate classroom discussions.
• Topics include strategies for generating residential loans, residential mortgage loan origination/processing, PMIs, and mortgage loan servicing and administration.
• Discussion questions at the end of every chapter foster classroom discussion and reinforce key points
• New chapters include discussion on topics such as compliance, construction lending, and equity lending.
• Expanded glossary of real estate and mortgage lending terms.