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 …
The Sherman Act regulates all kinds of businesses within the United States, preventing them from forming monopolies and infringing on consumer rights. But what does that have to do with the real estate industry? The Sherman Act plays a vital …
When was the last time you caught up on your American history? Being aware of current fair housing laws is essential to passing the real estate exam, but it is just as important to understand where they came from in …
As you undoubtedly know, we live in a world home to people of all colors, creeds, and walks of life. But you may wonder, “How does this play a role in the real estate world?” Well, it plays a significant …
A shared appreciation mortgage, or SAM, helps the buyer purchase unaffordable homes at low-interest rates. With these mortgages, the lenders assist the borrowers so that they can purchase homes easily. However, the lenders also demand something in exchange, which is …