Council of Mortgage Lenders


 

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Council of Mortgage Lenders

An institution that sets out code a code of good practice which mortgage lenders volunteer to stick to - they are not regulated by the government.



Council of Mortgage Lenders

Similar Matches

Adjustable rate mortgage (ARM)

Adjustable rate mortgage (ARM)

A mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the index, usually subject to per-interval and to life-of-loan interest rate and/or payment rate caps.


Senior mortgage bond

Senior mortgage bond

A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.


Secondary mortgage market

Secondary mortgage market

Buying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities.


Mortgage debt

Mortgage debt

The amount outstanding on your mortgage.


Commercial mortgage

Commercial mortgage

A mortgage on a non residential building occupied by a business.


Further Suggestions

Mortgage Servicing
Closed end mortgage
first mortgage
Multifamily mortgage
Mortgage types
Mortgage Banker
Reverse mortgage
Consolidated mortgage bond
Mortgage REIT
Fixed term reverse mortgage
adjustable rate mortgage
General Mortgage Bond
Assumable mortgage
Remortgage
Open end mortgage
mortgage indemnity
Alternative mortgage instruments
Gnma (government National Mortgage Association) Options
Mortgage interest deduction
Federal Agricultural Mortgage Corporation (Farmer Mac)
Mortgage broker
H Hard Money Mortgage
Federal Home Loan Mortgage Corporation (FHLMC)
Strip mortgage participation certificate (strip PC)
Graduated Payment Mortgage


 
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