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Mortgage debt |
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Mortgage debtThe amount outstanding on your mortgage.Mortgage debt Similar MatchesFederal Home Loan Mortgage Corporation (FHLMC)Federal Home Loan Mortgage Corporation (FHLMC)See: Freddie Mac Flexible mortgageFlexible mortgageA mortgage that allows borrowers to make overpayments when they have spare cash, and reduce or miss payments altogether when times are tight. Often useful for self-employed people whose income varies from one month to the next. The most flexible form of mortgage is a Current Account Mortgage (CAM), which can potentially save you money by linking your current account and mortgage together. Fixed term reverse mortgageFixed term reverse mortgageA mortgage in which the lending institution provides payments to a homeowner for a fixed number of years. Reverse annuity mortgageReverse annuity mortgageA mortgage that permits elderly people who own their home outright to receive an income for life in return for gradually relinquishing ownership in the property. Mortgage durationMortgage durationA modification of standard duration to account for the impact on duration of MBSs of changes in prepayment speed resulting from changes in interest rates. Two factors are employed: one that reflects the impact of changes in prepayment speed or price. Further SuggestionsEuro mortgageStepped fixed rate mortgage Federal Agricultural Mortgage Corporation (Farmer Mac) mortgage broker Mortgage broker Freddie Mac (Federal Home Loan Mortgage Corporation) remortgage Mortgage Backed Securities Clearing Corporation (MBSCC) Take back mortgage Lehman Brothers Adjustable Rate Mortgage Index Mortgage servicing Biweekly mortgage Mortgagee Mortgage Company Federal National Mortgage Association Chattel Mortgage Secondary mortgage market Lifetime reverse mortgage Mortgage Broker Mortgage broker Remortgage GEM (growing equity mortgage) Government National Mortgage Association (Ginnie Mae) Stripped mortgage backed securities (SMBS) Second mortgage lending |
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