Group boycotts are when two or more competitors agree to conspire against another competitor by no longer working with them. Real estate professionals who engage in group boycotts lose millions of dollars and even risk spending time in jail. As …
The secondary market is where investors trade previously owned mortgages and mortgage-backed securities. Whether you’re a real estate novice, a real estate pro, or want to learn more about secondary markets, you’re in the right place. I’ve been teaching real …
The mortgage industry is a major financial sector in the U.S. It establishes various organizations and programs to promote mortgage lending and to offer affordable home financing. These programs include Fannie Mae, Ginnie Mae, and Freddie Mac. The government-sponsored organizations …
There are government-backed organizations that perform various roles to make it easier for people to obtain homeownership at reasonable rates. With the help of these organizations, lenders, investors, and bank regulators invest more in mortgages by purchasing and issuing them. …
There are various government-based organizations that buy mortgages from lenders and package these loans into mortgage-backed securities or hold them in their portfolios. These companies help stabilize the mortgage market by investing in them. They expand the pool of funds …
A conventional mortgage is challenging to qualify for, especially if the borrower has a bad credit score. In such situations, a purchase money mortgage is helpful as it allows borrowers with a bad credit score to buy a home. This …
