Lender, whose principal business is the origination, closing, funding, selling, and servicing of loans secured by real property

Consumer-protection law passed to promote the informed use of consumer credit by requiring disclosures about its terms and costs

A company with a minimum of 100 shareholders that owns operates income producing real estate or engages in financing real estate

The relative cost of credit expressed as a yearly percentage rate?

Revolving line of credit extended to a mortgage company from a warehouse lender

Market in which lenders make mortgage loans directly to borrowers

Real estate licensee who is a third-party originator

An economic situation in which the supply of money is limited, and the demand for money is high as evidenced by high interest rates

A resale marketplace for mortgage loans

The percentage of appraised value to the loan

The process of evaluating a borrowers risk factors before the lender will make a loan

Corporation that insures deposits in all federally, chartered banks and savings institutions up to $250,000 per depositor

A minimum credit balance that a bank requires a borrower to keep on deposit as a condition for granting loan

Mortgage backed securities that passed through the principal and interest of the underlying loans to investors

Actions taken by the Fed to influence the availability and cost of money and credit as a means of promoting national economic goals

A discriminatory lending practice, prohibited by the Holden act

Federal act, ensuring all consumers have an equal chance to obtain credit

A process whereby regulatory restraints are gradually relaxed

Lender, whose members usually have the same type of occupation

The total interest fees and points earned by the lender, expressed as a percentage

The dollar amount the credit will cost the borrower

Pools of mortgages used as collateral for the insurance of securities in the secondary market

Document that lists the charges, the buyer is likely to pay at settlement

California-required statement that discloses expected maximum costs and expenses of making the loan that are to be paid by the borrower