8-Real Estate Finance-Snapshot Review

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ANATOMY OF MORTGAGE LENDING Mechanics of a loan transaction                   Mortgage financing: using borrowed money secured by a mortgage to finance the purchase of real estate Instruments: note and mortgage or trust deed Mortgage mechanics: borrower gives lender note and mortgage; lender gives borrower funds and records a lien Trust deed mechanics: trust deed conveys title from the […]

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7-Types of Real Estate Loans-Real Estate Finance 9-Chapter 17 Exam-Real Estate Finance