Reviews Federal home mortgage programs.

According to HUD, the economic value of the Mutual Mortgage Insur. Fund grew by about $5 billion in 1999, reaching its highest level in 20 years. This report: estimates the value of the Fund at the end of FY'99, given expected econ. conditions, & compares this est. to the est. of the value of the Fund reported by HUD; determines the extent to which a 2% capital ratio (CR) would allow the Fund to withstand worse-than-expected loan performance due to economic & other factors; & describes options for adjusting the size of the Fund if the estimated CR is different than the amt. needed, & describes the impact that these options might have on the FUND, FHA mortgagors, & the Fed. budget. Tables.

In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory so readers can make intelligent business decisions. After a behavioral economics chapter on the nature of real estate decisions, he explores mortgage products, processes, derivatives, and international practices. By focusing on debt, his book presents a different view of the mortgage market than is commonly available, and his primer on fixed-income tools and concepts ensures that readers understand the rich content he covers. Including commercial and residential real estate, this book explains how the markets work, why they collapsed in 2008, and what countries are doing to protect themselves from future bubbles. Green's expertise illuminates both the fundamentals of mortgage analysis and the international paradigms of products, models, and regulatory environments. Written for buyers of real estate, not mortgage lenders Balances theory with increasingly complex practices of commercial and residential mortgage lending Emphasizes international practices, changes caused by the 2008-11 financial crisis, and the behavioral aspects of mortgage decision making

Updated February 2016. One of the most important components to gaining the trust of a customer is being able to correctly answer their questions. The more you, as a real estate professional, understand your industry the more customers will trust you to help them make important decisions. By increasing your understanding of the current mortgage financing landscape, your customers should increasingly make the worthwhile decision to use you for their real estate needs and you will be better equipped as a real estate agent in today's ever-changing marketplace. I wrote this book to be a quick reference guide. My goal is to give you the ability to be able to quickly find the correct answer to almost any situation a customer may ask you about, with regards to mortgage financing, within 60 seconds. I am a licensed real estate agent continuing education course provider. This is the book which I hand out when I teach my 3 hour continuing education class for real estate agents so I am constantly updating the guidelines so that each class I teach has the most up-to-date information I can provide. The guidelines contained within my book focus mainly on the national guidelines for U.S. Conventional and Government loans though I do list some guidelines required for a variety of niche loans available today in the chapter "Mortgage Programs Today" such as: Foreign National Loans, Home Renovation Loans, Bond Loans, Self Employed Bank Statement Loans, Jumbo Loans, Non-Warrantable Condo Loans and Sub-Prime "Foreclosure Yesterday" type Loans.