Real Estate Closing Costs: Settlement performance evaluationU.S. Department of Housing and Urban Development, Office of Policy Development and Research, 1980 - Government publications |
From inside the book
Results 1-5 of 100
Page 111-4
... loan if it is to be eligible for purchase . These terms and conditions must be fulfilled as part of the settlement process . For instance , conformance to FNMA and FHLMC requirements has become one of the more obvious manifestations of ...
... loan if it is to be eligible for purchase . These terms and conditions must be fulfilled as part of the settlement process . For instance , conformance to FNMA and FHLMC requirements has become one of the more obvious manifestations of ...
Page 111-6
-- those loans that would be sold to other investors . Of the listed characteris- tics , only three items minimum loan - to - value ratio , the imposition of a prepayment penalty and the mortgage coupon rate -- differed among as many as ...
-- those loans that would be sold to other investors . Of the listed characteris- tics , only three items minimum loan - to - value ratio , the imposition of a prepayment penalty and the mortgage coupon rate -- differed among as many as ...
Page 111-7
... loan associations are required to maintain a certain high percentage of their assets in residential mortgages . Thrifts , therefore , lack the flexibility of other institutions to invest in alternative , non - mortgage related instru ...
... loan associations are required to maintain a certain high percentage of their assets in residential mortgages . Thrifts , therefore , lack the flexibility of other institutions to invest in alternative , non - mortgage related instru ...
Page 111-9
... loan associations are by far the largest originators of mortgage loans in the country . In 1978 , they were responsible for originating 50.9 percent of all residential loans . Commercial banks represent the second largest group , and in ...
... loan associations are by far the largest originators of mortgage loans in the country . In 1978 , they were responsible for originating 50.9 percent of all residential loans . Commercial banks represent the second largest group , and in ...
Page 111-10
... loan applicant and most frequently occurs after a home has been selected and after a contract has been written . Less frequently , potential home buyers may apply first for a loan in order to determine the amount for which they would ...
... loan applicant and most frequently occurs after a home has been selected and after a contract has been written . Less frequently , potential home buyers may apply first for a loan in order to determine the amount for which they would ...
Common terms and phrases
active price competition agent amount areas Association Assurance and Conveyancing attorneys borrower brokerage industry charges commercial banks commission rate consumer conveyancing services Corporation coverage escrow evaluation Exhibit Faith Estimates Federal fees FHLMC flat-fee firms FNMA function funds home buyers increase indicated institutions interest rate interviews investment investors Jacksonville lending licensing LTVR market performance market share master policy MGIC mortgage bankers mortgage financing mortgage insurance industry mortgage lenders mortgage loans mortgage market Multiple Listing Services National payment percent PMM&CO premiums written private mortgage insurance purchase pure competition real estate brokers real estate settlement Realtors referral regulation regulatory residential mortgage RESPA responsibility reverse competition S&Ls secondary market selection sell settlement costs settlement process settlement services SMSA SOURCE survey tion title assurance title companies title insurance title insurance companies title search typically underwriting Washington workable competition
Popular passages
Page XT-35 - No person shall give and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.
Page XT-32 - Act to effect certain changes in the settlement process for residential real estate that will result— (1) in more effective advance disclosure to home buyers and sellers of settlement costs; (2) in the elimination of kickbacks or referral fees that tend to increase unnecessarily the costs of...
Page XT-32 - Secretary or any other officer or agency of the Federal Government or under or in connection with a housing or urban development program administered by the Secretary or a housing or related program administered by any other such officer or agency ; or (iii) is eligible for purchase by the Federal National Mortgage Association, the...
Page D-7 - ... any commission , or any part of its premium charges. or any other consideration as an inducement for or as compensation on any mortgage guaranty insurance business. . (b) In connection with the placement of any mortgage guaranty insurance, a mortgage guaranty insurance company shall not cause or permit any commission, fee, remuneration, or other compensation to be paid to, or received by; any insured lender or lessor; any subsidiary or affiliate of any insured...
Page XT-35 - ... in the case of any successful action to enforce the foregoing liability, the costs of the action together with a reasonable attorney's fee as determined by the court.
Page 11-37 - To establish the jurisdictional element of a Sherman Act violation it would be sufficient for petitioners to demonstrate a substantial effect on interstate commerce generated by respondents' brokerage activity. Petitioners need not make the more particularized showing of an effect on interstate commerce caused by the alleged conspiracy to fix commission rates, or by those other aspects of respondents' activity that are alleged to be unlawful.
Page XT-35 - No seller of property that will be purchased with the assistance of a federally related mortgage loan shall require directly or indirectly, as a condition to selling the property, that title insurance covering the property be purchased by the buyer from any particular title company.
Page A-2 - System, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page XT-35 - Booklets may be printed and distributed by lenders if their form and content are approved by the Secretary as meeting the requirements of subsection (b) of this section.
Page XT-33 - ... title company" means any institution which is qualified to issue title insurance, directly or through its agents, and also refers to any duly authorized agent of a title company; (5) the term "person...