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Navigate the evolving world of real estate finance with this practice-oriented text that has trained 70,000 real estate professionals. This thorough text examines FHA/VA guidelines, popular loan products, Freddie Mac’s new credit standards, and how technology is reshaping the financing process. 300 pages, 2003 copyright, 8 ½ x 11” Highlights
More than 25 examples bring mortgage concepts to life, helping you apply finance principles to your careerConcise, workbook format facilitates learning • Sample exam questions familiarize you with exam style and contentContents
The Nature and Cycle of Real Estate Finance • Money and the Monetary System • Additional Government Activities • The Secondary Mortgage Market • Sources of Funds: Fiduciaries • Sources of Funds: Semifiduciary and Nonfiduciary • Instruments of Real Estate Finance • Conventional Loans • FHA-Insured Loans • VA-Guaranteed Loans • Processing Real Estate Loans • Closing Real Estate Loans • Contemporary Real Estate Finance • Defaults and Foreclosures • Glossary • Answer Key • Index
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