2213:
1248:
2188:
of the two major government-sponsored entities in the housing finance market (including some legal requirements). In contrast, lenders who decide to make nonconforming loans are exercising a higher risk tolerance and do so knowing that they face more challenge in reselling the loan. Many countries have similar concepts or agencies that define what are "standard" mortgages. Regulated lenders (such as banks) may be subject to limits or higher-risk weightings for non-standard mortgages. For example, banks and mortgage brokerages in Canada face restrictions on lending more than 80% of the property value; beyond this level, mortgage insurance is generally required.
2273:
typically made monthly, contain a repayment of the principal and an interest element. The amount going toward the principal in each payment varies throughout the term of the mortgage. In the early years the repayments are mostly interest. Towards the end of the mortgage, payments are mostly for principal. In this way, the payment amount determined at outset is calculated to ensure the loan is repaid at a specified date in the future. This gives borrowers assurance that by maintaining repayment the loan will be cleared at a specified date if the interest rate does not change. Some lenders and 3rd parties offer a
139:
323:
2653:, the U.S. government insures reverse mortgages via a program called the HECM (Home Equity Conversion Mortgage). Unlike standard mortgages (where the entire loan amount is typically disbursed at the time of loan closing) the HECM program allows the homeowner to receive funds in a variety of ways: as a one time lump sum payment; as a monthly tenure payment which continues until the borrower dies or moves out of the house permanently; as a monthly payment over a defined period of time; or as a credit line.
1286:
3093:
2818:
and have (as of 2004) reached about 6 per cent per annum. However, gross borrowing costs are substantially higher than the nominal interest rate and amounted for the last 30 years to 10.46 per cent. In
Denmark, similar to the United States mortgage market, interest rates have fallen to 6 per cent per annum. A risk and administration fee amounts to 0.5 per cent of the outstanding debt. In addition, an acquisition fee is charged which amounts to one per cent of the principal.
5503:
1195:
2933:(OSFI) released guidelines for mortgage insurance providers aimed at tightening standards around underwriting and risk management. In a statement, the OSFI has stated that the guideline will "provide clarity about best practices in respect of residential mortgage insurance underwriting, which contribute to a stable financial system." This comes after several years of federal government scrutiny over the CMHC, with former Finance Minister
2530:
42:
5529:
1183:
5516:
2127:
below for a definition of this term). The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%. For loans made against properties that the borrower already owns, the loan to value ratio will be imputed against the estimated value of the property.
2036:
a few days to a few weeks. Sometimes the underwriting process takes so long that the provided financial statements need to be resubmitted so they are current. It is advisable to maintain the same employment and not to use or open new credit during the underwriting process. Any changes made in the applicant's credit, employment, or financial information could result in the loan being denied.
287:, depending on the country concerned, and the loan arrangements can be made either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. The lender's rights over the secured property take priority over the borrower's other
3162:, meaning that Muslims cannot use conventional mortgages. The Islamic mortgage loan cancels any form of interest because of doctrines, so in the mortgage loan process, the lender and the borrower are more like a capital-shared partnership than a debt relationship. However, real estate is far too expensive for most people to buy outright using cash:
2492:, where the principal is not repaid throughout the term. This type of mortgage is common in the UK, especially when associated with a regular investment plan. With this arrangement regular contributions are made to a separate investment plan designed to build up a lump sum to repay the mortgage at maturity. This type of arrangement is called an
1982:
markets, such as the banking industry), and often through state intervention (direct lending by the government, direct lending by state-owned banks, or sponsorship of various entities). Other aspects that define a specific mortgage market may be regional, historical, or driven by specific characteristics of the legal or financial system.
2083:). In some countries, such as the United States, fixed rate mortgages are the norm, but floating rate mortgages are relatively common. Combinations of fixed and floating rate mortgages are also common, whereby a mortgage loan will have a fixed rate for some period, for example the first five years, and vary after the end of that period.
2918:(CMHC) is the country's national housing agency, providing mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research to Canadians. It was created by the federal government in 1946 to address the country's post-war housing shortage, and to help Canadians achieve their homeownership goals.
2092:
widely used where fixed rate funding is difficult to obtain or prohibitively expensive. Since the risk is transferred to the borrower, the initial interest rate may be, for example, 0.5% to 2% lower than the average 30-year fixed rate; the size of the price differential will be related to debt market conditions, including the
2979:, but from the 1970s the share of the new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the share fell from 96% to 66% while that of banks and other institutions rose from 3% to 36%. (The figures have since changed further in favour of banks in part due to
3137:
For
Islamic home financing, it follows the Sharia Law and comes in 2 common types: Bai’ Bithaman Ajil (BBA) or Musharakah Mutanaqisah (MM). Bai' Bithaman Ajil is when the bank buys the property at current market price and sells it back to you at a much higher price. Musharakah Mutanaqisah is when the
3133:
Mortgages in
Malaysia can be categorised into two different groups: conventional home loan and Islamic home loan. Under the conventional home loan, banks normally charge a fixed interest rate, a variable interest rate, or both. These interest rates are tied to a base rate (individual bank's benchmark
2611:
Interest-only lifetime mortgage schemes are currently offered by two lenders – Stonehaven and more2life. They work by having the options of paying the interest on a monthly basis. By paying off the interest means the balance will remain level for the rest of their life. This market is set to increase
2035:
During the mortgage loan approval process, a mortgage loan underwriter verifies the financial information that the applicant has provided as to income, employment, credit history and the value of the home being purchased via an appraisal. An appraisal may be ordered. The underwriting process may take
3240:
In the event of repossession, banks, investors, etc. must resort to selling the property to recoup their original investment (the money lent) and are able to dispose of hard assets (such as real estate) more quickly by reductions in price. Therefore, the mortgage insurance acts as a hedge should the
3236:
This policy is typically paid for by the borrower as a component to final nominal (note) rate, or in one lump sum up front, or as a separate and itemized component of monthly mortgage payment. In the last case, mortgage insurance can be dropped when the lender informs the borrower, or its subsequent
3185:
which is a tax charged by the government on a change of ownership. Because ownership changes twice in an
Islamic mortgage, a stamp tax may be charged twice. Many other jurisdictions have similar transaction taxes on change of ownership which may be levied. In the United Kingdom, the dual application
2665:
is one where the amount of monthly payments due are calculated (amortized) over a certain term, but the outstanding balance on the principal is due at some point short of that term. In the UK, a partial repayment mortgage is quite common, especially where the original mortgage was investment-backed.
2602:
A resurgence in the equity release market has been the introduction of interest-only lifetime mortgages. Where an interest-only mortgage has a fixed term, an interest-only lifetime mortgage will continue for the rest of the mortgagors life. These schemes have proved of interest to people who do like
2515:
Until recently it was not uncommon for interest only mortgages to be arranged without a repayment vehicle, with the borrower gambling that the property market will rise sufficiently for the loan to be repaid by trading down at retirement (or when rent on the property and inflation combine to surpass
2187:
A standard or conforming mortgage is a key concept as it often defines whether or not the mortgage can be easily sold or securitized, or, if non-standard, may affect the price at which it may be sold. In the United States, a conforming mortgage is one which meets the established rules and procedures
2171:
Some lenders may also require a potential borrower have one or more months of "reserve assets" available. In other words, the borrower may be required to show the availability of enough assets to pay for the housing costs (including mortgage, taxes, etc.) for a period of time in the event of the job
2091:
In an adjustable-rate mortgage, the interest rate is generally fixed for a period of time, after which it will periodically (for example, annually or monthly) adjust up or down to some market index. Adjustable rates transfer part of the interest rate risk from the lender to the borrower and thus are
3108:
announced that, along with four large U.S. banks, the
Treasury would attempt to kick start a market for these securities in the United States, primarily to provide an alternative form of mortgage-backed securities. Similarly, in the UK "the Government is inviting views on options for a UK framework
1243:
is highest, strong domestic markets for mortgages have developed. Mortgages can either be funded through the banking sector (that is, through short-term deposits) or through the capital markets through a process called "securitization", which converts pools of mortgages into fungible bonds that can
2925:
and the ensuing recession, Canada's mortgage market continued to function well, partly due to the residential mortgage market's policy framework, which includes an effective regulatory and supervisory regime that applies to most lenders. Since the crisis, however, the low interest rate environment
2817:
are not identical with banks that give mortgages. In addition, they charge administration and service fees (about 1.5 per cent of the loan amount). However, in the United States, the average interest rates for fixed-rate mortgages in the housing market started in the tens and twenties in the 1980s
2167:
are used in lieu of or to supplement these measures. There will also be requirements for documentation of the creditworthiness, such as income tax returns, pay stubs, etc. the specifics will vary from location to location. Income tax incentives usually can be applied in forms of tax refunds or tax
3042:
Western
European countries present a diversified landscape, with some countries (France, Belgium, Germany, the Netherlands, Denmark) where fixed-rate mortgages are the norm and some countries (Austria, Greece, Italy, Portugal, Spain, Sweden) favouring adjustable-rate mortgages. Much of Europe has
2183:
Many countries have a notion of standard or conforming mortgages that define a perceived acceptable level of risk, which may be formal or informal, and may be reinforced by laws, government intervention, or market practice. For example, a standard mortgage may be considered to be one with no more
2126:
Upon making a mortgage loan for the purchase of a property, lenders usually require that the borrower make a down payment (called a deposit in
English law); that is, contribute a portion of the cost of the property. This down payment may be expressed as a portion of the value of the property (see
2016:
Mortgage lending will also take into account the (perceived) riskiness of the mortgage loan, that is, the likelihood that the funds will be repaid (usually considered a function of the creditworthiness of the borrower); that if they are not repaid, the lender will be able to foreclose on the real
1981:
Many other specific characteristics are common to many markets, but the above are the essential features. Governments usually regulate many aspects of mortgage lending, either directly (through legal requirements, for example) or indirectly (through regulation of the participants or the financial
2272:
Depending on the size of the loan and the prevailing practice in the country the term may be short (10 years) or long (50 years plus). In the UK and U.S., 25 to 30 years is the usual maximum term (although shorter periods, such as 15-year mortgage loans, are common). Mortgage payments, which are
2940:
In an attempt to cool down the real estate prices in Canada, Ottawa introduced a mortgage stress test effective 17 October 2016. Under the stress test, every home buyer who wants to get a mortgage from any federally regulated lender should undergo a test in which the borrower's affordability is
1993:
formulae. The most basic arrangement would require a fixed monthly payment over a period of ten to thirty years, depending on local conditions. Over this period the principal component of the loan (the original loan) would be slowly paid down through amortization. In practice, many variants are
3002:
like
Australia and Spain. Thus, lenders prefer variable-rate mortgages to fixed rate ones and whole-of-term fixed rate mortgages are generally not available. Nevertheless, in recent years fixing the rate of the mortgage for short periods has become popular and the initial two, three, five and,
2787:
the mortgaged property if certain conditions occur – principally, non-payment of the mortgage loan. Subject to local legal requirements, the property may then be sold. Any amounts received from the sale (net of costs) are applied to the original debt. In some jurisdictions, mortgage loans are
2594:
guidelines to UK lenders regarding interest-only mortgages have tightened the criteria on new lending on an interest-only basis. The problem for many people has been the fact that no repayment vehicle had been implemented, or the vehicle itself (e.g. endowment/ISA policy) performed poorly and
2945:, the rate is the maximum of the stress test rate and the current target rate. However, for uninsured mortgage, the rate is the maximum of the stress test rate and the target interest rate plus 2%. This stress test has lowered the maximum mortgage approved amount for all borrowers in Canada.
2168:
deduction schemes. The first implies that income tax paid by individual taxpayers will be refunded to the extent of interest on mortgage loans taken to acquire residential property. Income tax deduction implies lowering tax liability to the extent of interest rate paid for the mortgage loan.
2009:). The price at which the lenders borrow money, therefore, affects the cost of borrowing. Lenders may also, in many countries, sell the mortgage loan to other parties who are interested in receiving the stream of cash payments from the borrower, often in the form of a security (by means of a
2948:
The stress-test rate consistently increased until its peak of 5.34% in May 2018 and it was not changed until July 2019 in which for the first time in three years it decreased to 5.19%. This decision may reflect the push-back from the real-estate industry as well as the introduction of the
2796:
In virtually all jurisdictions, specific procedures for foreclosure and sale of the mortgaged property apply, and may be tightly regulated by the relevant government. There are strict or judicial foreclosures and non-judicial foreclosures, also known as power of sale foreclosures. In some
2512:. Historically, investment-backed mortgages offered various tax advantages over repayment mortgages, although this is no longer the case in the UK. Investment-backed mortgages are seen as higher risk as they are dependent on the investment making sufficient return to clear the debt.
3138:
bank buys the property together with you. You will then slowly buy the bank's portion of the property through rental (whereby a portion of the rental goes to paying for the purchase of a part of the bank's share in the property until the property comes to your complete ownership).
2087:
In a fixed-rate mortgage, the interest rate, remains fixed for the life (or term) of the loan. In the case of an annuity repayment scheme, the periodic payment remains the same amount throughout the loan. In the case of linear payback, the periodic payment will gradually
263:
meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
1269:
The final cost will be exactly the same: * when the interest rate is 2.5% and the term is 30 years than when the interest rate is 5% and the term is 15 years * when the interest rate is 5% and the term is 30 years than when the interest rate is 10% and the term is 15
2792:
loans: if the funds recouped from sale of the mortgaged property are insufficient to cover the outstanding debt, the lender may not have recourse to the borrower after foreclosure. In other jurisdictions, the borrower remains responsible for any remaining debt.
2130:
The loan to value ratio is considered an important indicator of the riskiness of a mortgage loan: the higher the LTV, the higher the risk that the value of the property (in case of foreclosure) will be insufficient to cover the remaining principal of the loan.
2797:
jurisdictions, foreclosure and sale can occur quite rapidly, while in others, foreclosure may take many months or even years. In many countries, the ability of lenders to foreclose is extremely limited, and mortgage market development has been notably slower.
2983:.) There are currently over 200 significant separate financial organizations supplying mortgage loans to house buyers in Britain. The major lenders include building societies, banks, specialized mortgage corporations, insurance companies, and pension funds.
2607:
schemes. They have also proved beneficial to people who had an interest-only mortgage with no repayment vehicle and now need to settle the loan. These people can now effectively remortgage onto an interest-only lifetime mortgage to maintain continuity.
2051:
Term: Mortgage loans generally have a maximum term, that is, the number of years after which an amortizing loan will be repaid. Some mortgage loans may have no amortization, or require full repayment of any remaining balance at a certain date, or even
1977:: final repayment of the amount outstanding, which may be a "natural redemption" at the end of the scheduled term or a lump sum redemption, typically when the borrower decides to sell the property. A closed mortgage account is said to be "redeemed".
3043:
home ownership rates comparable to the United States, but overall default rates are lower in Europe than in the United States. Mortgage loan financing relies less on securitizing mortgages and more on formal government guarantees backed by
2598:
Moving forward, the FSA under the
Mortgage Market Review (MMR) have stated there must be strict criteria on the repayment vehicle being used. As such the likes of Nationwide and other lenders have pulled out of the interest-only market.
3478:
f he doth not pay, then the Land which is put in pledge upon condition for the payment of the money, is taken from him for ever, and so dead to him upon condition, &c. And if he doth pay the money, then the pledge is dead as to the
2681:
have only partial amortization, meaning that amount of monthly payments due are calculated (amortized) over a certain term, but the outstanding principal balance is due at some point short of that term, and at the end of the term a
1961:: the possibility that the lender has to foreclose, repossess or seize the property under certain circumstances is essential to a mortgage loan; without this aspect, the loan is arguably no different from any other type of loan.
2139:
Since the value of the property is an important factor in understanding the risk of the loan, determining the value is a key factor in mortgage lending. The value may be determined in various ways, but the most common are:
1238:
In many jurisdictions, it is normal for home purchases to be funded by a mortgage loan. Few individuals have enough savings or liquid funds to enable them to purchase property outright. In countries where the demand for
3010:
during a fixed rate period are common, whilst the United States has discouraged their use. Like other
European countries and the rest of the world, but unlike most of the United States, mortgages loans are usually not
2626:
For older borrowers (typically in retirement), it may be possible to arrange a mortgage where neither the principal nor interest is repaid. The interest is rolled up with the principal, increasing the debt each year.
1880:
over a set period of time, typically 30 years in the United States. All types of real property can be, and usually are, secured with a mortgage and bear an interest rate that is supposed to reflect the lender's risk.
3990:
2059:
Payment amount and frequency: The amount paid per period and the frequency of payments; in some cases, the amount paid per period may change or the borrower may have the option to increase or decrease the amount
4022:
2228:
that cost is paid, and how the loan itself is repaid. Repayment depends on locality, tax laws and prevailing culture. There are also various mortgage repayment structures to suit different types of borrower.
2147:
Appraised or surveyed value: in most jurisdictions, some form of appraisal of the value by a licensed professional is common. There is often a requirement for the lender to obtain an official appraisal.
3078:, covered bonds market volume (covered bonds outstanding) amounted to about €2 trillion at year-end 2007 with Germany, Denmark, Spain, and France each having outstandings above €200 billion.
2382:
2159:
In most countries, a number of more or less standard measures of creditworthiness may be used. Common measures include payment to income (mortgage payments as a percentage of gross or net income);
2144:
Actual or transaction value: this is usually taken to be the purchase price of the property. If the property is not being purchased at the time of borrowing, this information may not be available.
2277:
payment program designed to accelerate the payoff of the loan. Similarly, a mortgage can be ended before its scheduled end by paying some or all of the remainder prematurely, called curtailment.
2044:
There are many types of mortgages used worldwide, but several factors broadly define the characteristics of the mortgage. All of these may be subject to local regulation and legal requirements.
3084:-like securities have been introduced in more than 25 European countries—and in recent years also in the U.S. and other countries outside Europe—each with their own unique law and regulations.
2150:
Estimated value: lenders or other parties may use their own internal estimates, particularly in jurisdictions where no official appraisal procedure exists, but also in some other circumstances.
1938:. In such a situation, the initial lender is known as the mortgage originator, which then packages and sells the loan to investors. The payments from the borrower are thereafter collected by a
2921:
The most common mortgage in Canada is the five-year fixed-rate closed mortgage, as opposed to the U.S. where the most common type is the 30-year fixed-rate open mortgage. Throughout the
2284:
is typically worked out taking the principal left at the end of each month, multiplying by the monthly rate and then subtracting the monthly payment. This is typically generated by an
3166:
solve this problem by having the property change hands twice. In one variation, the bank will buy the house outright and then act as a landlord. The homebuyer, in addition to paying
4192:
3981:
2048:
Interest: Interest may be fixed for the life of the loan or variable, and change at certain pre-defined periods; the interest rate can also, of course, be higher or lower.
3200:
Both of these methods compensate the lender as if they were charging interest, but the loans are structured in a way that in name they are not, and the lender shares the
3886:
1892:
Property: the physical residence being financed. The exact form of ownership will vary from country to country and may restrict the types of lending that are possible.
4013:
2941:
judged based on a rate that is not lower than a stress rate set by the Bank of Canada. For high-ratio mortgage (loan to value of more than 80%), which is insured by
3003:
occasionally, ten years of a mortgage can be fixed. From 2007 to the beginning of 2013 between 50% and 83% of new mortgages had initial periods fixed in this way.
2237:
The most common way to repay a secured mortgage loan is to make regular payments toward the principal and interest over a set term, commonly referred to as (self)
2063:
Prepayment: Some types of mortgages may limit or restrict prepayment of all or a portion of the loan, or require payment of a penalty to the lender for prepayment.
2477:
2451:
2429:
2407:
2930:
3860:
2175:
Many countries have lower requirements for certain borrowers, or "no-doc" / "low-doc" lending standards that may be acceptable under certain circumstances.
1945:
Principal: the original size of the loan, which may or may not include certain other costs; as any principal is repaid, the principal will go down in size.
2257:
formulas. Certain details may be specific to different locations: interest may be calculated on the basis of a 360-day year, for example; interest may be
1902:
of the lender in the property, which may entail restrictions on the use or disposal of the property. Restrictions may include requirements to purchase
299:, the other creditors will only be repaid the debts owed to them from a sale of the secured property if the mortgage lender is repaid in full first.
3221:
is an insurance policy designed to protect the mortgagee (lender) from any default by the mortgagor (borrower). It is used commonly in loans with a
4079:
3023:
1113:
2297:
3775:
5487:
4201:
3237:
assigns, that the property has appreciated, the loan has been paid down, or any combination of both to relegate the loan-to-value under 80%.
3109:
to deliver more affordable long-term fixed-rate mortgages, including the lessons to be learned from international markets and institutions".
1142:
3380:
2112:
are not supported by government guarantees and face higher interest rates. Other innovations described below can affect the rates as well.
2813:(savings and loans associations) reported nominal interest rates of approximately 6 per cent per annum in the last 40 years (as of 2004).
1884:
Mortgage lending is the primary mechanism used in many countries to finance private ownership of residential and commercial property (see
1103:
1068:
5442:
3067:
are still common, whilst the United States has discouraged their use. Unlike much of the United States, mortgage loans are usually not
2831:
2224:
of a mortgage loan (fixed at a set interest rate for the term, or variable relative to market interest rates), there are variations in
1805:
2863:
The US mortgage sector has been the center of major financial crises over the last century. Unsound lending practices resulted in the
1285:
3548:
2204:
that the currency will depreciate and they will therefore need to convert higher amounts of the domestic currency to repay the loan.
1225:
2894:
together, but if they are split traditionally the holder of the note and not the mortgage has the right to foreclose. For example,
2849:
881:
4948:
4610:
4392:
2970:
2950:
2942:
2915:
2837:
2163:(all debt payments, including mortgage payments, as a percentage of income); and various net worth measures. In many countries,
5457:
2857:
2827:
256:
2216:
Mortgage loan. Total payment = loan principal + expenses (taxes and fees) + total interest. Fixed interest rates and loan term
4847:
4062:
3964:
3646:
3030:. The FCA and PRA were established in 2013 with the aim of responding to criticism of regulatory failings highlighted by the
2876:
2864:
2853:
2646:), depending on the country. The loans are typically not repaid until the borrowers are deceased, hence the age restriction.
2212:
1539:
1247:
1888:). Although the terminology and precise forms will differ from country to country, the basic components tend to be similar:
5447:
3170:, will pay a contribution towards the purchase of the property. When the last payment is made, the property changes hands.
3472:
894:
247:") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word
4215:
3666:
5472:
2990:
are more common than in the United States. This is in part because mortgage loan financing relies less on fixed income
1053:
106:
1916:(also called a "mortgagor"): the person borrowing who either has or is creating an ownership interest in the property.
5270:
4953:
4209:
3753:
3453:
3031:
2577:
125:
78:
2559:
775:
3530:
4519:
3408:
2674:
223:
to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a
3173:
Typically, this may lead to a higher final price for the buyers. This is because in some countries (such as the
2104:
involves checking credit scores, debt-to-income, downpayments (deposits), assets, and assessing property value.
85:
5427:
5407:
4872:
4809:
2806:
2686:
is due. When interest rates are high relative to the rate on an existing seller's loan, the buyer can consider
2650:
2555:
1798:
535:
445:
63:
3621:
3587:
1985:
Mortgage loans are generally structured as long-term loans, the periodic payments for which are similar to an
5533:
2841:
1218:
1187:
431:
5437:
5381:
4986:
4492:
4246:
3569:
2954:
2722:
2591:
1447:
4284:"Conceptualization of the real economy and Islamic finance: Transformation beyond the asset-link rhetoric"
3504:
92:
5386:
5376:
4943:
4603:
4385:
4054:
3950:
3923:
3348:
3163:
3019:
2289:
4153:
3834:
3793:
5043:
4933:
4723:
3371:
2677:
have increasing costs over time and are geared to young borrowers who expect wage increases over time.
2505:
997:
711:
401:
4991:
4888:
4840:
4546:
4541:
2730:
2551:
2197:
1791:
1734:
1529:
1452:
1058:
943:
721:
495:
74:
59:
28:
4359:
2200:
are common, enabling lenders to lend in a stable foreign currency, whilst the borrower takes on the
4903:
4743:
4483:
4429:
3608:
3402:
3190:
in such transactions was removed in the Finance Act 2003 in order to facilitate Islamic mortgages.
2995:
2922:
2872:
2678:
2540:
2479:
is the number of payments; for monthly payments over 30 years, 12 months x 30 years = 360 payments.
2266:
2253:(from the perspective of the lender), and the calculation of the periodic payments is based on the
2250:
2100:
The charge to the borrower depends upon the credit risk in addition to the interest rate risk. The
2072:
1986:
1935:
1412:
1359:
1211:
747:
208:
5519:
5185:
5074:
4923:
3313:
3265:
3117:
2868:
2544:
2285:
390:
380:
52:
4365:
3815:
5285:
5245:
5011:
4633:
4596:
4567:
4378:
3393:
3325:
3122:
3006:
Home ownership rates are comparable to the United States, but overall default rates are lower.
2987:
2899:
2754:
2489:
2454:
2080:
2076:
1769:
1646:
1621:
1579:
1492:
549:
460:
3703:
5346:
5326:
5300:
5290:
5250:
5118:
5079:
4981:
4938:
4928:
4913:
4893:
4638:
4048:
3954:
3491:
3060:
2281:
2053:
2030:
1927:
1694:
889:
500:
239:
is put into place which allows the lender to take possession and sell the secured property ("
4350:
3734:
5507:
5260:
5190:
5053:
4996:
4918:
4908:
4898:
4833:
4773:
4329:
3064:
3007:
2926:
that has arisen has contributed to a significant increase in mortgage debt in the country.
2747:
where the borrowers pay interest while the principal is paid with a life insurance policy.
2501:
2262:
2160:
1849:
1774:
1744:
1586:
1549:
1512:
1085:
1002:
706:
631:
565:
517:
360:
272:
232:
228:
8:
5417:
5240:
5235:
5069:
4974:
4969:
4782:
4551:
4424:
4232:
4105:
3544:
3354:
3342:
3255:
3222:
2890:) and the security interest evidenced by the "mortgage" document; generally, the two are
2750:
2691:
2254:
2121:
2068:
1990:
1974:
1885:
1719:
1714:
1616:
1388:
1252:
1162:
1152:
872:
829:
781:
726:
540:
268:
4283:
3241:
repossessing authority recover less than full and fair market value for any hard asset.
5467:
5341:
5295:
5275:
5108:
5089:
5031:
5006:
4814:
4764:
4464:
4460:
4450:
4410:
4311:
3270:
3260:
3213:
2903:
2744:
2497:
2462:
2436:
2414:
2392:
2245:
2018:
1907:
1860:
would be, but because most mortgages occur as a condition for new loan money, the word
1845:
1754:
1641:
1369:
1175:
1157:
1007:
962:
911:
752:
641:
375:
4178:
3887:"Finance minister Bill Morneau to review and consider changes to mortgage stress test"
2265:
may apply; and other factors. There may be legal restrictions on certain matters, and
271:(for example, their own business premises, residential property let to tenants, or an
267:
Mortgage borrowers can be individuals mortgaging their home or they can be businesses
99:
5555:
5371:
5180:
5163:
5123:
5048:
5038:
5016:
5001:
4769:
4509:
4315:
4303:
4205:
4058:
3960:
3716:
3667:
http://www.unece.org/hlm/prgm/hmm/hsg_finance/publications/housing.finance.system.pdf
3595:
3365:
3303:
3147:
2961:
ordered to review and consider changes to the mortgage stress test in December 2019.
2736:
2699:
2635:
2595:
therefore insufficient funds were available to repay balance at the end of the term.
2274:
2258:
1899:
1574:
1559:
1507:
1487:
1417:
1374:
1063:
939:
834:
701:
696:
691:
665:
626:
450:
350:
4264:
3018:
The customer-facing aspects of the residential mortgage sector are regulated by the
2743:
allow deposits to be counted against the mortgage loan. In the UK there is also the
5391:
5366:
5265:
5207:
5168:
5128:
4804:
4719:
4661:
4474:
4295:
3432:
3276:
3068:
3012:
2976:
2957:. Because of all the criticisms from real estate industry, Canada finance minister
2891:
2753:
typically have different interest rates, risks, and contracts than personal loans.
2714:
2695:
2687:
2631:
2184:
than 70–80% LTV and no more than one-third of gross income going to mortgage debt.
2109:
1666:
1631:
1626:
1611:
1596:
1534:
1502:
1407:
1293:
1277:
1135:
928:
902:
820:
813:
796:
742:
716:
603:
585:
570:
490:
481:
385:
370:
332:
306:
284:
181:
2453:
is the rate of interest expressed as a fraction; for a monthly payment, take the (
5255:
5202:
4777:
4513:
4131:
3286:
3056:
3027:
2999:
2980:
2887:
2766:
2740:
2683:
2239:
2002:
1998:
1877:
1764:
1749:
1709:
1606:
1591:
1564:
1544:
1474:
1464:
1118:
1043:
1034:
992:
957:
949:
757:
646:
560:
341:
3680:
Property Title Trouble in Non-Judicial Foreclosure States: The Ibanez Time Bomb?
3679:
2975:
The mortgage industry of the United Kingdom has traditionally been dominated by
322:
5560:
5482:
5462:
5422:
5361:
5143:
5113:
4687:
4653:
4643:
4488:
4044:
3691:
3426:
3201:
3193:
An alternative scheme involves the bank reselling the property according to an
3174:
3075:
3022:(FCA), and lenders' financial probity is overseen by a separate regulator, the
2991:
2726:
2621:
2604:
2105:
2010:
2006:
1903:
1759:
1724:
1569:
1519:
1457:
1329:
1240:
1025:
863:
555:
525:
440:
407:
138:
3929:
Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market
2998:) than in the United States, Denmark, and Germany, and more on retail savings
5549:
5280:
5212:
5197:
5026:
4715:
4683:
4619:
4401:
4307:
3194:
3167:
3105:
2937:
musing publicly as far back as 2012 about privatizing the Crown corporation.
2883:
2882:
In the United States, the mortgage loan involves two separate documents: the
2201:
1939:
1873:
1869:
1844:
in England and Wales) pledges his or her interest (right to the property) as
1837:
1779:
1739:
1684:
1309:
1092:
1048:
824:
786:
766:
651:
612:
365:
220:
24:
4194:
Housing Finance Systems for Countries in Transition: Principles and Examples
3092:
2836:
The mortgage industry of the United States is a major financial sector. The
2769:
provide financing in exchange for the mortgaging of real estate collateral.
5452:
5351:
5336:
5310:
5133:
5099:
4791:
4738:
4707:
4666:
4577:
3861:"Regulator defends mortgage stress test in face of push-back from industry"
3359:
3230:
3112:
3044:
2958:
2934:
2789:
2758:
2717:
to reduce interest rate and encourage buyers. Homeowners can also take out
2706:
2509:
2164:
1964:
1958:
1895:
1829:
1704:
1601:
1339:
1199:
1017:
987:
847:
545:
422:
395:
280:
244:
236:
20:
4154:
Fixed rate versus adjustable rate mortgages: evidence from euro area banks
3015:, meaning debtors are liable for any loan deficiencies after foreclosure.
2709:
add the costs of furnishings and other personal property to the mortgage.
1930:. (In some countries, particularly the United States, Lenders may also be
5477:
5331:
5153:
5148:
5021:
4856:
4787:
4697:
4692:
4678:
4573:
4330:"SDLTM28400 - Stamp Duty Land Tax Manual - HMRC internal manual - GOV.UK"
3956:
World Economic Outlook: September 2004: The Global Demographic Transition
3927:
3467:
3281:
3226:
3101:
2778:
2762:
2718:
2662:
2643:
2093:
1954:
1853:
1699:
1661:
1651:
1636:
1364:
1354:
1334:
1324:
1319:
607:
472:
417:
412:
355:
260:
240:
5432:
5305:
4748:
4734:
4729:
4535:
3331:
3308:
3298:
3187:
3182:
3050:
2895:
2845:
1833:
1478:
1426:
1379:
1349:
1344:
842:
681:
617:
296:
292:
252:
4299:
2001:, and generally borrow these funds themselves (for example, by taking
4673:
2784:
1841:
1147:
1108:
791:
580:
575:
4366:
Australian Securities & Investments Commission (ASIC) Home Loans
2529:
41:
5412:
5356:
5158:
5084:
4867:
3398:
3336:
3159:
2757:
allow multiple investors to share in a loan. Builders may take out
2739:
allow for more freedom by the borrower to skip payments or prepay.
1948:
1931:
1913:
1857:
1314:
1256:
455:
288:
275:). The lender will typically be a financial institution, such as a
2729:. In the US, foreign nationals due to their unique situation face
2705:
Budget loans include taxes and insurance in the mortgage payment;
3376:
3328:– a term for a lender collateralizing non-residential properties.
2713:
mortgages allow the seller or lender to pay something similar to
2710:
1729:
1554:
1436:
314:
4588:
4370:
2488:
The main alternative to a principal and interest mortgage is an
5217:
4354:
3776:"New mortgage guidelines push CMHC to embrace insurance basics"
3155:
2765:
may be used as temporary financing pending a longer-term loan.
2721:
in which they receive cash for a mortgage debt on their house.
2021:
and time delays that may be involved in certain circumstances.
1919:
1397:
1182:
467:
4825:
3576:. Certified Ramsey Solutions Master Financial Coach (Updated).
3531:"What Is an Underwriter: The Unseen Approver of Your Mortgage"
3249:
5173:
3178:
3152:
2809:
compared German, US, and Danish mortgage systems. The German
1656:
1497:
1260:
686:
636:
3835:"Mortgage stress test rules get more lenient for first time"
2603:
the roll-up effect (compounding) of interest on traditional
190:
5138:
3949:
3922:
3420:
2698:
that can make it easier for a seller to sell a property. A
2196:
In some countries with currencies that tend to depreciate,
1923:
1865:
1689:
1524:
1402:
1300:
1264:
1012:
979:
590:
530:
276:
224:
216:
3982:"Best fixed rate mortgages: two, three, five and 10 years"
3735:"Comparing Canada and U.S. Housing Finance Systems - CMHC"
2377:{\displaystyle A=P\cdot {\frac {r(1+r)^{n}}{(1+r)^{n}-1}}}
2134:
1910:, or pay off outstanding debt before selling the property.
199:
2844:, to foster mortgage lending, construction and encourage
923:
196:
193:
4159:(Report). European Central Bank. October 2019. p. 2
231:" on the borrower's property through a process known as
19:
For mortgages in general and their legal structure, see
4282:
Farooq, Mohammad O.; Selim, Mohammad (September 2019).
2772:
1994:
possible and common worldwide and within each country.
1967:: legal completion of the mortgage deed, and hence the
1922:(also called a "mortgagee"): any lender, but usually a
2931:
Office of the Superintendent of Financial Institutions
2702:
has payments made every two weeks instead of monthly.
1823:
3754:"The Residential Mortgage Market in Canada: A Primer"
3339:– Relating to the U.S. Federal Housing Administration
2465:
2439:
2417:
2395:
2300:
2220:
In addition to the two standard means of setting the
1856:(limitation) on the right to the property just as an
4080:"U.K. Scraps FSA, Reversing System Set Up by Brown"
3492:
Mortgage Servicing: Making Sure Your Payments Count
2178:
1951:: a financial charge for use of the lender's money.
187:
184:
66:. Unsourced material may be challenged and removed.
4012:
3980:
2902:Multistate Fixed-Rate Note 3200 and also separate
2519:
2471:
2445:
2423:
2401:
2376:
2115:
1872:. As with other types of loans, mortgages have an
2656:
5547:
4247:"Housing Finance Review: analysis and proposals"
3292:
3204:involved in the transaction with the homebuyer.
2612:as more retirees require finance in retirement.
1832:, a mortgage occurs when an owner (usually of a
4132:"Financial Services Bill receives Royal Assent"
4014:"Demand for fixed mortgages hits all-time high"
3959:. International Monetary Fund. pp. 81–83.
3319:
2951:first-time home buyer incentive program (FTHBI)
2067:The two basic types of amortized loans are the
1997:Lenders provide funds against property to earn
4252:. HM Treasury. March 2008 – via the BBC.
4050:Forest Products Annual Market Review 2008-2009
4043:
3794:"New mortgage stress test rules kick in today"
2496:or is often related to the type of plan used:
1934:who own an interest in the mortgage through a
227:on the property being mortgaged. The loan is "
5488:List of housing markets by real estate prices
4841:
4604:
4386:
4202:United Nations Economic Commission for Europe
3197:, at a price higher than the original price.
3096:Mortgage rates historical trends 1986 to 2010
2102:mortgage origination and underwriting process
1799:
1244:be sold to investors in small denominations.
1219:
3079:
3048:
2500:if an endowment policy is used, similarly a
2191:
4281:
4098:
3647:"Homes: Slow-market savings – the 'buy-down
3505:"How Long Does Mortgage Underwriting Take?"
3250:General, or related to more than one nation
2558:. Unsourced material may be challenged and
2269:may specify or prohibit certain practices.
1104:International Financial Reporting Standards
1069:Separation of investment and retail banking
291:, which means that if the borrower becomes
23:. For mortgage loans secured on ships, see
5528:
4848:
4834:
4611:
4597:
4393:
4379:
2832:Mortgage underwriting in the United States
2154:
1806:
1792:
1226:
1212:
4360:Mortgages: For Home Buyers and Homeowners
4288:Thunderbird International Business Review
3773:
3549:Canadian Mortgage and Housing Corporation
2578:Learn how and when to remove this message
2232:
142:30 year mortgage of 4% on $ 250,000 loan
126:Learn how and when to remove this message
4265:"Denmark Offers a Model Mortgage Market"
4124:
3945:
3943:
3941:
3939:
3918:
3916:
3914:
3912:
3910:
3908:
3906:
3904:
3902:
3900:
3884:
3858:
3158:law prohibits the payment or receipt of
3091:
2850:Government National Mortgage Association
2761:which cover several properties at once.
2630:These arrangements are variously called
2211:
2207:
2024:
1852:for a loan. Therefore, a mortgage is an
1246:
137:
4233:"Press Releases - PR-60-2008 7/15/2008"
3622:"Are Mortgage Assumptions a Good Deal?"
3225:over 80%, and employed in the event of
2971:Mortgage industry of the United Kingdom
2943:Canada Mortgage and Housing Corporation
2916:Canada Mortgage and Housing Corporation
2800:
2135:Value: appraised, estimated, and actual
1818:
5548:
3567:
3435:– applicable legal filing requirements
2858:Federal Home Loan Mortgage Corporation
2828:Mortgage industry of the United States
2661:In the U.S. a partial amortization or
2039:
4829:
4592:
4374:
4262:
4185:
3936:
3897:
3832:
3588:"How do HECM Reverse Mortgages Work?"
3207:
3037:
2865:National Mortgage Crisis of the 1930s
2854:Federal National Mortgage Association
5515:
4071:
3885:Zochodne, Geoff (13 December 2019).
3751:
3570:"Definition of Mortgage Curtailment"
3545:"Who Needs Mortgage Loan Insurance?"
3351:– a type of mortgage for urban areas
3141:
2906:mortgage forms which vary by state.
2783:In most jurisdictions, a lender may
2773:Foreclosure and non-recourse lending
2615:
2556:adding citations to reliable sources
2523:
2409:is the periodic amortization payment
1255:and 2 loan term) = loan principal +
64:adding citations to reliable sources
35:
3473:Commentaries on the Laws of England
3059:, except Denmark and Germany where
2249:in the UK. A mortgage is a form of
1824:Basic concepts and legal regulation
13:
5473:Undergraduate real estate programs
2953:by the Canadian government in the
2017:estate assets; and the financial,
1864:has become the generic term for a
1143:Private equity and venture capital
1054:Bank for International Settlements
14:
5572:
5271:Investment rating for real estate
4618:
4400:
4344:
4263:Soros, George (10 October 2008).
3859:Zochodne, Geoff (June 11, 2019).
3774:Greenwood, John (14 April 2014).
2964:
2261:daily, yearly, or semi-annually;
1188:Business and Economics portal
5527:
5514:
5502:
5501:
4077:
3635:Mastering Real Estate Principals
3568:Bodine, Alicia (April 5, 2019).
3466:
3414:
3387:
3087:
2821:
2675:Graduated payment mortgage loans
2528:
2483:
2431:is the principal amount borrowed
2179:Standard or conforming mortgages
2101:
1989:and calculated according to the
1284:
1251:Mortgage loan. Total payment (3
1193:
1181:
776:Base erosion and profit shifting
321:
180:
40:
4855:
4520:graduated payment mortgage loan
4432:/ variable-rate / floating rate
4322:
4275:
4256:
4239:
4225:
4179:"Covered Bond Outstanding 2007"
4171:
4146:
4134:. HM Treasury. 19 December 2012
4037:
4025:from the original on 2022-01-11
4005:
3993:from the original on 2022-01-11
3973:
3878:
3852:
3826:
3808:
3786:
3767:
3745:
3727:
3709:
3697:
3685:
3672:
3660:
3640:
3627:
3409:Mortgage Investment Corporation
3024:Prudential Regulation Authority
2871:of the 1980s and 1990s and the
2520:Interest-only lifetime mortgage
2116:Loan to value and down payments
51:needs additional citations for
5428:Graduate real estate education
4873:Tertiary sector of the economy
4810:Alternative financial services
4106:"Regulatory Reform Background"
3615:
3580:
3561:
3537:
3523:
3497:
3484:
3460:
3446:
3381:Department of Veterans Affairs
2856:(known as Fannie Mae) and the
2807:Economic Commission for Europe
2688:assuming the seller's mortgage
2657:Interest and partial principal
2651:Federal Housing Administration
2356:
2343:
2332:
2319:
2172:loss or other loss of income.
1267:) + total interest to be paid.
536:Collateralised debt obligation
446:Bull (stock market speculator)
269:mortgaging commercial property
16:Loan secured using real estate
1:
4214:. ECE/HBP/138. Archived from
3833:Evans, Pete (July 19, 2019).
3439:
3293:Related to the United Kingdom
3032:financial crisis of 2007–2008
2848:. These programs include the
2842:government sponsored entities
2840:created several programs, or
2723:Shared appreciation mortgages
2669:
882:Final consumption expenditure
219:used either by purchasers of
5382:Real estate investment trust
4987:Extraterrestrial real estate
4744:Tax refund anticipation loan
4634:Annual percentage rate (APR)
4493:shared appreciation mortgage
3320:Related to the United States
2955:2019 Canadian federal budget
2592:Financial Services Authority
1828:According to Anglo-American
7:
5387:Real property administrator
5377:Real estate investment club
4639:Effective annual rate (EAR)
4055:United Nations Publications
3951:International Monetary Fund
3924:Congressional Budget Office
3368:– U.S. mortgage terminology
3362:– U.S. mortgage terminology
3349:Location Efficient Mortgage
3244:
3128:
3026:(PRA) which is part of the
3020:Financial Conduct Authority
2852:(known as Ginnie Mae), the
10:
5577:
5044:Private equity real estate
3372:Predatory mortgage lending
3211:
3145:
2996:mortgage-backed securities
2968:
2825:
2776:
2619:
2506:Individual Savings Account
2494:investment-backed mortgage
2198:foreign currency mortgages
2119:
2028:
1114:Professional certification
712:Enterprise risk management
496:Offshore financial centres
18:
5496:
5400:
5319:
5226:
5098:
5062:
4992:International real estate
4962:
4881:
4863:
4800:
4757:
4706:
4652:
4626:
4560:
4547:foreign national mortgage
4542:foreign currency mortgage
4528:
4502:
4439:
4417:
4408:
3816:"Mortgage Qualifier Tool"
3511:. SFGate. 22 October 2012
2909:
2875:of 2007 which led to the
2805:A study issued by the UN
2731:Foreign National mortgage
2679:Balloon payment mortgages
2192:Foreign currency mortgage
1735:Guaranteed minimum income
1530:Diversification (finance)
1059:Financial Stability Board
159: Total interest paid
29:Mortgage (disambiguation)
4484:balloon payment mortgage
4430:adjustable-rate mortgage
2873:subprime mortgage crisis
2860:(known as Freddie Mac).
2640:equity release mortgages
2267:consumer protection laws
2073:adjustable-rate mortgage
1936:mortgage-backed security
1413:Employee stock ownership
1360:Refund anticipation loan
748:Mergers and acquisitions
5186:Real estate transaction
5075:Real estate development
4516:, mortgage accelerator)
3633:Cortesi, G. R. (2003).
3379:– Relating to the U.S.
3314:UK mortgage terminology
3266:Mortgage discrimination
3121:editorial promoted the
3118:The Wall Street Journal
3061:asset-backed securities
2988:variable-rate mortgages
2877:2010 foreclosure crisis
2869:savings and loan crisis
2755:Participation mortgages
2286:amortization calculator
2155:Payment and debt ratios
2075:(ARM) (also known as a
1836:/ freehold interest in
1330:Unsecured personal loan
209:civil law jurisdictions
165: Remaining balance
5286:Real estate derivative
5246:Effective gross income
5012:Healthcare real estate
4568:Annual percentage rate
4461:interest-only mortgage
3394:Danish mortgage market
3326:Commercial lender (US)
3123:Danish mortgage market
3097:
3080:
3049:
2900:standard form contract
2490:interest-only mortgage
2473:
2447:
2425:
2403:
2378:
2233:Principal and interest
2217:
2081:variable rate mortgage
1770:Universal basic income
1647:Portfolio optimization
1622:Investment performance
1493:Alternative investment
1271:
550:certificate of deposit
167:
27:. For other uses, see
5443:Industry trade groups
5347:Exclusive buyer agent
5301:Real estate valuation
5291:Real estate economics
5251:Gross rent multiplier
5080:Real estate investing
4982:Corporate Real Estate
3624:. Mortgage Professor.
3574:budgeting.thenest.com
3509:homeguides.sfgate.com
3454:"Mortgage Calculator"
3095:
2620:Further information:
2474:
2448:
2426:
2404:
2379:
2282:amortization schedule
2243:in the U.S. and as a
2215:
2208:Repaying the mortgage
2054:negative amortization
2031:Mortgage underwriting
2025:Mortgage underwriting
1928:financial institution
1876:and are scheduled to
1250:
501:Conduit and sink OFCs
141:
5261:Highest and best use
5227:Economics, financing
5191:Real estate contract
5085:Real estate flipping
5054:Residential property
4997:Lease administration
4949:United Arab Emirates
3989:. 26 February 2014.
3820:Government of Canada
3704:Security Instruments
3115:'s October 10, 2008
3065:Prepayment penalties
3008:Prepayment penalties
2801:National differences
2751:Commercial mortgages
2552:improve this section
2516:the interest rate).
2502:personal equity plan
2463:
2437:
2415:
2393:
2298:
2263:prepayment penalties
1886:commercial mortgages
1819:Mortgage loan basics
1775:Volatility (finance)
1745:Risk-return spectrum
1587:Fundamental analysis
1453:Defined contribution
1253:fixed interest rates
727:Financial statements
707:Credit rating agency
632:Repurchase agreement
273:investment portfolio
235:. This means that a
233:mortgage origination
153: Principal paid
60:improve this article
5241:Capitalization rate
5236:Asset-based lending
5070:Property management
4975:Commercial building
4970:Commercial property
4783:Personal bankruptcy
4552:wraparound mortgage
4425:fixed-rate mortgage
4269:Wall Street Journal
3717:"About CMHC - CMHC"
3692:Single-family notes
3682:. Albany Law School
3678:Renuart E. (2012).
3533:. 26 February 2014.
3355:Mortgage assumption
3343:Fixed rate mortgage
3256:Commercial mortgage
3223:loan-to-value ratio
3034:and its aftermath.
2929:In April 2014, the
2904:security instrument
2692:wraparound mortgage
2255:time value of money
2122:Loan-to-value ratio
2069:fixed rate mortgage
2040:Mortgage loan types
1991:time value of money
1720:Financial inclusion
1715:Financial deepening
1617:Investment advisory
1389:Employment contract
1163:Accounting scandals
1153:Stock market bubble
873:Government spending
830:Employment contract
782:Corporate tax haven
541:Credit default swap
5468:Real estate trends
5372:Real estate broker
5342:Chartered Surveyor
5296:Real estate bubble
5276:Mortgage insurance
5109:Adverse possession
5032:Luxury real estate
5007:Garden real estate
4815:Financial literacy
4465:endowment mortgage
4451:Repayment mortgage
4418:Interest rate type
4411:Financial literacy
3603:Unknown parameter
3345:calculations (USA)
3271:No Income No Asset
3261:Mortgage analytics
3219:Mortgage insurance
3214:Mortgage insurance
3208:Mortgage insurance
3100:On July 28, 2008,
3098:
3038:Continental Europe
2977:building societies
2838:federal government
2745:endowment mortgage
2737:Flexible mortgages
2636:lifetime mortgages
2508:(ISA) mortgage or
2498:endowment mortgage
2469:
2443:
2421:
2399:
2374:
2275:bi-weekly mortgage
2246:repayment mortgage
2218:
2019:interest rate risk
1908:mortgage insurance
1755:Structured product
1695:Citizen's dividend
1642:Passive management
1370:Debt consolidation
1272:
1158:Stock market crash
1008:Investment banking
998:Fractional-reserve
963:Warrant of payment
912:Government revenue
835:Financial planning
753:Structured finance
251:is derived from a
168:
5543:
5542:
5181:Property abstract
5164:Land registration
5124:Concurrent estate
5049:Real estate owned
5039:Off-plan property
5017:Vacation property
5002:Niche real estate
4823:
4822:
4770:Credit counseling
4586:
4585:
4510:flexible mortgage
4457:Repayment at term
4300:10.1002/tie.22013
4064:978-92-1-117007-8
3966:978-1-58906-406-5
3752:Crawford, Allan.
3429:– a legal concept
3366:pre-qualification
3304:Mortgage cashback
3164:Islamic mortgages
3148:Islamic economics
3142:Islamic countries
3063:are also common.
2700:biweekly mortgage
2632:reverse mortgages
2616:Reverse mortgages
2588:
2587:
2580:
2472:{\displaystyle n}
2446:{\displaystyle r}
2424:{\displaystyle P}
2402:{\displaystyle A}
2372:
2290:following formula
1900:security interest
1840:, but frequently
1816:
1815:
1488:Active management
1418:Employee benefits
1375:Debt rescheduling
1236:
1235:
1126:
1125:
1076:
1075:
1064:Deposit insurance
970:
969:
804:
803:
702:Corporate finance
697:Capital structure
692:Capital budgeting
627:Performance bonds
508:
507:
491:Financial centres
451:Financial planner
351:Asset (economics)
136:
135:
128:
110:
5568:
5531:
5530:
5518:
5517:
5505:
5504:
5448:Investment firms
5367:Property manager
5266:Home equity loan
5169:Leasehold estate
5129:Conditional sale
4850:
4843:
4836:
4827:
4826:
4805:Personal finance
4720:Home equity loan
4662:Credit card debt
4613:
4606:
4599:
4590:
4589:
4529:Other variations
4503:Variable payment
4475:reverse mortgage
4453:/ self-amortized
4395:
4388:
4381:
4372:
4371:
4338:
4337:
4326:
4320:
4319:
4279:
4273:
4272:
4260:
4254:
4253:
4251:
4243:
4237:
4236:
4229:
4223:
4222:
4220:
4199:
4189:
4183:
4182:
4175:
4169:
4168:
4166:
4164:
4158:
4150:
4144:
4143:
4141:
4139:
4128:
4122:
4121:
4119:
4117:
4102:
4096:
4095:
4093:
4091:
4075:
4069:
4068:
4041:
4035:
4034:
4032:
4030:
4016:
4009:
4003:
4002:
4000:
3998:
3984:
3977:
3971:
3970:
3947:
3934:
3933:
3920:
3895:
3894:
3882:
3876:
3875:
3873:
3871:
3856:
3850:
3849:
3847:
3845:
3830:
3824:
3823:
3812:
3806:
3805:
3803:
3801:
3790:
3784:
3783:
3771:
3765:
3764:
3758:
3749:
3743:
3742:
3731:
3725:
3724:
3713:
3707:
3701:
3695:
3689:
3683:
3676:
3670:
3664:
3658:
3650:
3644:
3638:
3631:
3625:
3619:
3613:
3612:
3606:
3601:
3599:
3591:
3584:
3578:
3577:
3565:
3559:
3558:
3556:
3555:
3541:
3535:
3534:
3527:
3521:
3520:
3518:
3516:
3501:
3495:
3488:
3482:
3481:
3464:
3458:
3457:
3450:
3401:- equivalent in
3277:Nonrecourse debt
3195:installment plan
3083:
3069:nonrecourse debt
3054:
3013:nonrecourse debt
2994:assets (such as
2923:financial crisis
2767:Hard money loans
2741:Offset mortgages
2696:seller financing
2583:
2576:
2572:
2569:
2563:
2532:
2524:
2510:pension mortgage
2504:(PEP) mortgage,
2478:
2476:
2475:
2470:
2452:
2450:
2449:
2444:
2430:
2428:
2427:
2422:
2408:
2406:
2405:
2400:
2383:
2381:
2380:
2375:
2373:
2371:
2364:
2363:
2341:
2340:
2339:
2314:
2110:subprime lending
1971:of the mortgage.
1868:secured by such
1808:
1801:
1794:
1677:
1667:Target date fund
1632:Investor profile
1627:Investment style
1612:Impact investing
1597:Growth investing
1535:Equity (finance)
1408:Salary packaging
1288:
1278:Personal finance
1274:
1273:
1228:
1221:
1214:
1200:Money portal
1198:
1197:
1196:
1186:
1185:
1136:Economic history
1098:
1097:
1031:
1030:
929:Deficit spending
903:Transfer payment
869:
868:
797:Transfer pricing
743:Leveraged buyout
717:Enterprise value
671:
670:
586:Letter of credit
571:Futures contract
404:
402:Over-the-counter
391:Foreign exchange
338:
337:
325:
302:
301:
285:building society
211:known also as a
206:
205:
202:
201:
198:
195:
192:
189:
186:
164:
158:
152:
147: Total cost
146:
131:
124:
120:
117:
111:
109:
68:
44:
36:
5576:
5575:
5571:
5570:
5569:
5567:
5566:
5565:
5546:
5545:
5544:
5539:
5492:
5396:
5315:
5256:Hard money loan
5228:
5222:
5203:Rent regulation
5094:
5058:
4958:
4877:
4859:
4854:
4824:
4819:
4796:
4774:Management plan
4753:
4702:
4648:
4622:
4617:
4587:
4582:
4556:
4524:
4514:offset mortgage
4498:
4435:
4413:
4404:
4399:
4347:
4342:
4341:
4334:www.hmrc.gov.uk
4328:
4327:
4323:
4280:
4276:
4261:
4257:
4249:
4245:
4244:
4240:
4231:
4230:
4226:
4218:
4212:
4197:
4191:
4190:
4186:
4177:
4176:
4172:
4162:
4160:
4156:
4152:
4151:
4147:
4137:
4135:
4130:
4129:
4125:
4115:
4113:
4104:
4103:
4099:
4089:
4087:
4086:. Bloomberg L.P
4078:Vina, Gonzalo.
4076:
4072:
4065:
4042:
4038:
4028:
4026:
4021:. 17 May 2013.
4011:
4010:
4006:
3996:
3994:
3979:
3978:
3974:
3967:
3948:
3937:
3921:
3898:
3883:
3879:
3869:
3867:
3857:
3853:
3843:
3841:
3831:
3827:
3814:
3813:
3809:
3799:
3797:
3792:
3791:
3787:
3772:
3768:
3761:bankofcanada.ca
3756:
3750:
3746:
3733:
3732:
3728:
3715:
3714:
3710:
3702:
3698:
3690:
3686:
3677:
3673:
3665:
3661:
3648:
3645:
3641:
3632:
3628:
3620:
3616:
3604:
3602:
3593:
3592:
3586:
3585:
3581:
3566:
3562:
3553:
3551:
3543:
3542:
3538:
3529:
3528:
3524:
3514:
3512:
3503:
3502:
3498:
3489:
3485:
3465:
3461:
3452:
3451:
3447:
3442:
3423:– legal aspects
3417:
3390:
3322:
3295:
3287:Second Mortgage
3252:
3247:
3216:
3210:
3202:financial risks
3150:
3144:
3131:
3090:
3040:
3028:Bank of England
2981:demutualisation
2973:
2967:
2914:In Canada, the
2912:
2888:promissory note
2834:
2826:Main articles:
2824:
2803:
2781:
2775:
2684:balloon payment
2672:
2659:
2624:
2618:
2584:
2573:
2567:
2564:
2549:
2533:
2522:
2486:
2464:
2461:
2460:
2438:
2435:
2434:
2416:
2413:
2412:
2394:
2391:
2390:
2359:
2355:
2342:
2335:
2331:
2315:
2313:
2299:
2296:
2295:
2235:
2210:
2194:
2181:
2157:
2137:
2124:
2118:
2106:Jumbo mortgages
2042:
2033:
2027:
1999:interest income
1826:
1821:
1812:
1765:Systematic risk
1750:Social dividend
1710:Economic bubble
1675:
1607:Hedge (finance)
1592:Government bond
1545:Estate planning
1475:Personal budget
1469:
1465:Social security
1448:Defined benefit
1441:
1268:
1232:
1194:
1192:
1180:
1168:
1167:
1138:
1128:
1127:
1119:Fund governance
1095:
1078:
1077:
1044:Banking license
1035:Bank regulation
1022:
993:Deposit account
982:
972:
971:
958:Non-tax revenue
954:
933:
899:
866:
856:
855:
852:
816:
806:
805:
758:Venture capital
722:Risk management
668:
658:
657:
656:
647:Syndicated loan
623:
520:
510:
509:
400:
335:
237:legal mechanism
183:
179:
166:
162:
160:
156:
154:
150:
148:
144:
132:
121:
115:
112:
69:
67:
57:
45:
32:
17:
12:
11:
5:
5574:
5564:
5563:
5558:
5541:
5540:
5538:
5537:
5534:List of topics
5524:
5511:
5497:
5494:
5493:
5491:
5490:
5485:
5483:Urban planning
5480:
5475:
5470:
5465:
5463:Property cycle
5460:
5455:
5450:
5445:
5440:
5435:
5430:
5425:
5423:Gentrification
5420:
5415:
5410:
5404:
5402:
5398:
5397:
5395:
5394:
5389:
5384:
5379:
5374:
5369:
5364:
5362:Moving company
5359:
5354:
5349:
5344:
5339:
5334:
5329:
5323:
5321:
5317:
5316:
5314:
5313:
5308:
5303:
5298:
5293:
5288:
5283:
5278:
5273:
5268:
5263:
5258:
5253:
5248:
5243:
5238:
5232:
5230:
5224:
5223:
5221:
5220:
5215:
5210:
5205:
5200:
5195:
5194:
5193:
5183:
5178:
5177:
5176:
5166:
5161:
5156:
5151:
5146:
5144:Eminent domain
5141:
5136:
5131:
5126:
5121:
5116:
5114:Chain of title
5111:
5105:
5103:
5102:and regulation
5096:
5095:
5093:
5092:
5087:
5082:
5077:
5072:
5066:
5064:
5060:
5059:
5057:
5056:
5051:
5046:
5041:
5036:
5035:
5034:
5029:
5024:
5019:
5014:
5009:
4999:
4994:
4989:
4984:
4979:
4978:
4977:
4966:
4964:
4960:
4959:
4957:
4956:
4954:United Kingdom
4951:
4946:
4941:
4936:
4931:
4926:
4921:
4916:
4911:
4906:
4901:
4896:
4891:
4885:
4883:
4879:
4878:
4876:
4875:
4870:
4864:
4861:
4860:
4853:
4852:
4845:
4838:
4830:
4821:
4820:
4818:
4817:
4812:
4807:
4801:
4798:
4797:
4795:
4794:
4785:
4780:
4767:
4761:
4759:
4755:
4754:
4752:
4751:
4746:
4741:
4735:Car title loan
4732:
4727:
4712:
4710:
4704:
4703:
4701:
4700:
4695:
4690:
4688:Signature loan
4681:
4676:
4671:
4670:
4669:
4658:
4656:
4650:
4649:
4647:
4646:
4644:Credit history
4641:
4636:
4630:
4628:
4624:
4623:
4616:
4615:
4608:
4601:
4593:
4584:
4583:
4581:
4580:
4571:
4564:
4562:
4558:
4557:
4555:
4554:
4549:
4544:
4539:
4532:
4530:
4526:
4525:
4523:
4522:
4517:
4506:
4504:
4500:
4499:
4497:
4496:
4489:equity release
4486:
4477:
4468:
4454:
4443:
4441:
4440:Repayment type
4437:
4436:
4434:
4433:
4427:
4421:
4419:
4415:
4414:
4409:
4406:
4405:
4398:
4397:
4390:
4383:
4375:
4369:
4368:
4363:
4357:
4346:
4345:External links
4343:
4340:
4339:
4321:
4294:(5): 685–696.
4274:
4255:
4238:
4224:
4221:on 2012-10-15.
4210:
4184:
4170:
4145:
4123:
4097:
4070:
4063:
4057:. p. 42.
4045:United Nations
4036:
4004:
3972:
3965:
3935:
3896:
3891:Financial Post
3877:
3865:Financial Post
3851:
3825:
3822:. 11 May 2012.
3807:
3785:
3780:Financial Post
3766:
3744:
3726:
3708:
3696:
3684:
3671:
3659:
3639:
3626:
3614:
3579:
3560:
3536:
3522:
3496:
3483:
3459:
3444:
3443:
3441:
3438:
3437:
3436:
3430:
3427:Mechanics lien
3424:
3416:
3413:
3412:
3411:
3406:
3396:
3389:
3386:
3385:
3384:
3374:
3369:
3363:
3357:
3352:
3346:
3340:
3334:
3329:
3321:
3318:
3317:
3316:
3311:
3306:
3301:
3294:
3291:
3290:
3289:
3284:
3279:
3274:
3268:
3263:
3258:
3251:
3248:
3246:
3243:
3212:Main article:
3209:
3206:
3175:United Kingdom
3146:Main article:
3143:
3140:
3130:
3127:
3089:
3086:
3076:European Union
3039:
3036:
2969:Main article:
2966:
2965:United Kingdom
2963:
2911:
2908:
2898:promulgates a
2846:home ownership
2823:
2820:
2802:
2799:
2777:Main article:
2774:
2771:
2727:equity release
2725:are a form of
2671:
2668:
2658:
2655:
2642:(referring to
2622:Equity release
2617:
2614:
2605:equity release
2586:
2585:
2536:
2534:
2527:
2521:
2518:
2485:
2482:
2481:
2480:
2468:
2458:
2442:
2432:
2420:
2410:
2398:
2370:
2367:
2362:
2358:
2354:
2351:
2348:
2345:
2338:
2334:
2330:
2327:
2324:
2321:
2318:
2312:
2309:
2306:
2303:
2234:
2231:
2209:
2206:
2193:
2190:
2180:
2177:
2161:debt to income
2156:
2153:
2152:
2151:
2148:
2145:
2136:
2133:
2120:Main article:
2117:
2114:
2098:
2097:
2089:
2065:
2064:
2061:
2057:
2049:
2041:
2038:
2029:Main article:
2026:
2023:
2011:securitization
1979:
1978:
1972:
1962:
1952:
1946:
1943:
1917:
1911:
1904:home insurance
1893:
1825:
1822:
1820:
1817:
1814:
1813:
1811:
1810:
1803:
1796:
1788:
1785:
1784:
1783:
1782:
1777:
1772:
1767:
1762:
1760:Sustainability
1757:
1752:
1747:
1742:
1737:
1732:
1727:
1725:Financial risk
1722:
1717:
1712:
1707:
1702:
1697:
1692:
1687:
1679:
1678:
1672:
1671:
1670:
1669:
1664:
1659:
1654:
1649:
1644:
1639:
1634:
1629:
1624:
1619:
1614:
1609:
1604:
1599:
1594:
1589:
1584:
1583:
1582:
1577:
1572:
1567:
1562:
1552:
1547:
1542:
1537:
1532:
1527:
1522:
1520:Bond (finance)
1517:
1516:
1515:
1510:
1505:
1495:
1490:
1482:
1481:
1471:
1470:
1468:
1467:
1462:
1461:
1460:
1458:Social pension
1455:
1450:
1442:
1440:
1439:
1433:
1430:
1429:
1423:
1422:
1421:
1420:
1415:
1410:
1405:
1400:
1392:
1391:
1385:
1384:
1383:
1382:
1377:
1372:
1367:
1362:
1357:
1352:
1347:
1342:
1337:
1332:
1327:
1322:
1317:
1312:
1304:
1303:
1290:
1289:
1281:
1280:
1241:home ownership
1234:
1233:
1231:
1230:
1223:
1216:
1208:
1205:
1204:
1203:
1202:
1190:
1178:
1170:
1169:
1166:
1165:
1160:
1155:
1150:
1145:
1139:
1134:
1133:
1130:
1129:
1124:
1123:
1122:
1121:
1116:
1111:
1106:
1096:
1084:
1083:
1080:
1079:
1074:
1073:
1072:
1071:
1066:
1061:
1056:
1051:
1046:
1038:
1037:
1029:
1028:
1026:Lists of banks
1021:
1020:
1015:
1010:
1005:
1000:
995:
990:
984:
983:
978:
977:
974:
973:
968:
967:
966:
965:
960:
955:
953:
952:
947:
936:
934:
932:
931:
926:
920:
915:
914:
908:
907:
906:
905:
900:
898:
897:
895:Redistribution
892:
886:
884:
876:
875:
867:
862:
861:
858:
857:
854:
853:
851:
850:
845:
839:
837:
832:
827:
817:
812:
811:
808:
807:
802:
801:
800:
799:
794:
789:
784:
779:
770:
769:
763:
762:
761:
760:
755:
750:
745:
737:
736:
732:
731:
730:
729:
724:
719:
714:
709:
704:
699:
694:
689:
684:
676:
675:
669:
664:
663:
660:
659:
655:
654:
649:
644:
639:
634:
629:
622:
621:
615:
610:
600:
599:
598:
593:
588:
583:
578:
573:
568:
563:
558:
553:
543:
538:
533:
528:
522:
521:
516:
515:
512:
511:
506:
505:
504:
503:
498:
493:
485:
484:
478:
477:
476:
475:
470:
465:
464:
463:
453:
448:
443:
441:Angel investor
435:
434:
428:
427:
426:
425:
420:
415:
410:
408:Private equity
405:
398:
393:
388:
383:
378:
373:
368:
363:
358:
353:
345:
344:
336:
331:
330:
327:
326:
318:
317:
311:
310:
161:
155:
149:
143:
134:
133:
48:
46:
39:
15:
9:
6:
4:
3:
2:
5573:
5562:
5559:
5557:
5554:
5553:
5551:
5536:
5535:
5525:
5523:
5522:
5512:
5510:
5509:
5499:
5498:
5495:
5489:
5486:
5484:
5481:
5479:
5476:
5474:
5471:
5469:
5466:
5464:
5461:
5459:
5456:
5454:
5451:
5449:
5446:
5444:
5441:
5439:
5436:
5434:
5431:
5429:
5426:
5424:
5421:
5419:
5416:
5414:
5411:
5409:
5406:
5405:
5403:
5399:
5393:
5390:
5388:
5385:
5383:
5380:
5378:
5375:
5373:
5370:
5368:
5365:
5363:
5360:
5358:
5355:
5353:
5350:
5348:
5345:
5343:
5340:
5338:
5335:
5333:
5330:
5328:
5325:
5324:
5322:
5318:
5312:
5309:
5307:
5304:
5302:
5299:
5297:
5294:
5292:
5289:
5287:
5284:
5282:
5281:Mortgage loan
5279:
5277:
5274:
5272:
5269:
5267:
5264:
5262:
5259:
5257:
5254:
5252:
5249:
5247:
5244:
5242:
5239:
5237:
5234:
5233:
5231:
5229:and valuation
5225:
5219:
5216:
5214:
5213:Torrens title
5211:
5209:
5206:
5204:
5201:
5199:
5198:Real property
5196:
5192:
5189:
5188:
5187:
5184:
5182:
5179:
5175:
5172:
5171:
5170:
5167:
5165:
5162:
5160:
5157:
5155:
5152:
5150:
5147:
5145:
5142:
5140:
5137:
5135:
5132:
5130:
5127:
5125:
5122:
5120:
5117:
5115:
5112:
5110:
5107:
5106:
5104:
5101:
5097:
5091:
5088:
5086:
5083:
5081:
5078:
5076:
5073:
5071:
5068:
5067:
5065:
5061:
5055:
5052:
5050:
5047:
5045:
5042:
5040:
5037:
5033:
5030:
5028:
5027:Golf property
5025:
5023:
5020:
5018:
5015:
5013:
5010:
5008:
5005:
5004:
5003:
5000:
4998:
4995:
4993:
4990:
4988:
4985:
4983:
4980:
4976:
4973:
4972:
4971:
4968:
4967:
4965:
4961:
4955:
4952:
4950:
4947:
4945:
4942:
4940:
4937:
4935:
4932:
4930:
4927:
4925:
4922:
4920:
4917:
4915:
4912:
4910:
4907:
4905:
4902:
4900:
4897:
4895:
4892:
4890:
4887:
4886:
4884:
4880:
4874:
4871:
4869:
4866:
4865:
4862:
4858:
4851:
4846:
4844:
4839:
4837:
4832:
4831:
4828:
4816:
4813:
4811:
4808:
4806:
4803:
4802:
4799:
4793:
4789:
4786:
4784:
4781:
4779:
4775:
4771:
4768:
4766:
4765:Consolidation
4763:
4762:
4760:
4756:
4750:
4747:
4745:
4742:
4740:
4736:
4733:
4731:
4728:
4725:
4721:
4717:
4716:Mortgage loan
4714:
4713:
4711:
4709:
4705:
4699:
4696:
4694:
4691:
4689:
4685:
4684:Personal loan
4682:
4680:
4677:
4675:
4672:
4668:
4665:
4664:
4663:
4660:
4659:
4657:
4655:
4651:
4645:
4642:
4640:
4637:
4635:
4632:
4631:
4629:
4625:
4621:
4620:Consumer debt
4614:
4609:
4607:
4602:
4600:
4595:
4594:
4591:
4579:
4575:
4572:
4569:
4566:
4565:
4563:
4559:
4553:
4550:
4548:
4545:
4543:
4540:
4537:
4534:
4533:
4531:
4527:
4521:
4518:
4515:
4511:
4508:
4507:
4505:
4501:
4494:
4490:
4487:
4485:
4481:
4478:
4476:
4472:
4469:
4466:
4462:
4458:
4455:
4452:
4448:
4445:
4444:
4442:
4438:
4431:
4428:
4426:
4423:
4422:
4420:
4416:
4412:
4407:
4403:
4402:Mortgage loan
4396:
4391:
4389:
4384:
4382:
4377:
4376:
4373:
4367:
4364:
4361:
4358:
4356:
4352:
4349:
4348:
4335:
4331:
4325:
4317:
4313:
4309:
4305:
4301:
4297:
4293:
4289:
4285:
4278:
4270:
4266:
4259:
4248:
4242:
4234:
4228:
4217:
4213:
4211:92-1-116923-2
4207:
4203:
4196:
4195:
4188:
4180:
4174:
4155:
4149:
4133:
4127:
4111:
4107:
4101:
4085:
4081:
4074:
4066:
4060:
4056:
4052:
4051:
4046:
4040:
4024:
4020:
4019:The Telegraph
4015:
4008:
3992:
3988:
3987:The Telegraph
3983:
3976:
3968:
3962:
3958:
3957:
3952:
3946:
3944:
3942:
3940:
3932:. p. 49.
3931:
3930:
3925:
3919:
3917:
3915:
3913:
3911:
3909:
3907:
3905:
3903:
3901:
3892:
3888:
3881:
3866:
3862:
3855:
3840:
3836:
3829:
3821:
3817:
3811:
3795:
3789:
3781:
3777:
3770:
3762:
3755:
3748:
3740:
3736:
3730:
3722:
3718:
3712:
3706:. Fannie Mae.
3705:
3700:
3694:. Fannie Mae.
3693:
3688:
3681:
3675:
3668:
3663:
3656:
3652:
3643:
3636:
3630:
3623:
3618:
3610:
3597:
3589:
3583:
3575:
3571:
3564:
3550:
3546:
3540:
3532:
3526:
3510:
3506:
3500:
3493:
3487:
3480:
3475:
3474:
3469:
3463:
3455:
3449:
3445:
3434:
3431:
3428:
3425:
3422:
3419:
3418:
3415:Legal details
3410:
3407:
3404:
3400:
3397:
3395:
3392:
3391:
3388:Other nations
3382:
3378:
3375:
3373:
3370:
3367:
3364:
3361:
3358:
3356:
3353:
3350:
3347:
3344:
3341:
3338:
3335:
3333:
3330:
3327:
3324:
3323:
3315:
3312:
3310:
3307:
3305:
3302:
3300:
3297:
3296:
3288:
3285:
3283:
3280:
3278:
3275:
3272:
3269:
3267:
3264:
3262:
3259:
3257:
3254:
3253:
3242:
3238:
3234:
3232:
3228:
3224:
3220:
3215:
3205:
3203:
3198:
3196:
3191:
3189:
3184:
3181:) there is a
3180:
3176:
3171:
3169:
3165:
3161:
3157:
3154:
3149:
3139:
3135:
3126:
3124:
3120:
3119:
3114:
3110:
3107:
3106:Henry Paulson
3103:
3094:
3088:Recent trends
3085:
3082:
3077:
3072:
3070:
3066:
3062:
3058:
3053:
3052:
3047:(such as the
3046:
3045:covered bonds
3035:
3033:
3029:
3025:
3021:
3016:
3014:
3009:
3004:
3001:
2997:
2993:
2989:
2984:
2982:
2978:
2972:
2962:
2960:
2956:
2952:
2946:
2944:
2938:
2936:
2932:
2927:
2924:
2919:
2917:
2907:
2905:
2901:
2897:
2893:
2889:
2885:
2884:mortgage note
2880:
2878:
2874:
2870:
2866:
2861:
2859:
2855:
2851:
2847:
2843:
2839:
2833:
2829:
2822:United States
2819:
2816:
2815:Bausparkassen
2812:
2811:Bausparkassen
2808:
2798:
2794:
2791:
2786:
2780:
2770:
2768:
2764:
2760:
2759:blanket loans
2756:
2752:
2748:
2746:
2742:
2738:
2734:
2732:
2728:
2724:
2720:
2716:
2712:
2708:
2707:package loans
2703:
2701:
2697:
2694:is a form of
2693:
2689:
2685:
2680:
2676:
2667:
2664:
2654:
2652:
2647:
2645:
2641:
2637:
2633:
2628:
2623:
2613:
2609:
2606:
2600:
2596:
2593:
2582:
2579:
2571:
2561:
2557:
2553:
2547:
2546:
2542:
2537:This section
2535:
2531:
2526:
2525:
2517:
2513:
2511:
2507:
2503:
2499:
2495:
2491:
2484:Interest only
2466:
2459:
2456:
2440:
2433:
2418:
2411:
2396:
2389:
2388:
2387:
2384:
2368:
2365:
2360:
2352:
2349:
2346:
2336:
2328:
2325:
2322:
2316:
2310:
2307:
2304:
2301:
2293:
2291:
2287:
2283:
2278:
2276:
2270:
2268:
2264:
2260:
2256:
2252:
2248:
2247:
2242:
2241:
2230:
2227:
2223:
2214:
2205:
2203:
2202:currency risk
2199:
2189:
2185:
2176:
2173:
2169:
2166:
2165:credit scores
2162:
2149:
2146:
2143:
2142:
2141:
2132:
2128:
2123:
2113:
2111:
2107:
2103:
2095:
2090:
2086:
2085:
2084:
2082:
2078:
2077:floating rate
2074:
2070:
2062:
2058:
2055:
2050:
2047:
2046:
2045:
2037:
2032:
2022:
2020:
2014:
2012:
2008:
2004:
2000:
1995:
1992:
1988:
1983:
1976:
1973:
1970:
1966:
1963:
1960:
1956:
1953:
1950:
1947:
1944:
1941:
1940:loan servicer
1937:
1933:
1929:
1925:
1921:
1918:
1915:
1912:
1909:
1905:
1901:
1897:
1894:
1891:
1890:
1889:
1887:
1882:
1879:
1875:
1874:interest rate
1871:
1870:real property
1867:
1863:
1859:
1855:
1851:
1847:
1843:
1839:
1838:real property
1835:
1831:
1809:
1804:
1802:
1797:
1795:
1790:
1789:
1787:
1786:
1781:
1780:Watered stock
1778:
1776:
1773:
1771:
1768:
1766:
1763:
1761:
1758:
1756:
1753:
1751:
1748:
1746:
1743:
1741:
1740:Market impact
1738:
1736:
1733:
1731:
1728:
1726:
1723:
1721:
1718:
1716:
1713:
1711:
1708:
1706:
1703:
1701:
1698:
1696:
1693:
1691:
1688:
1686:
1685:Asset pricing
1683:
1682:
1681:
1680:
1674:
1673:
1668:
1665:
1663:
1660:
1658:
1655:
1653:
1650:
1648:
1645:
1643:
1640:
1638:
1635:
1633:
1630:
1628:
1625:
1623:
1620:
1618:
1615:
1613:
1610:
1608:
1605:
1603:
1600:
1598:
1595:
1593:
1590:
1588:
1585:
1581:
1578:
1576:
1573:
1571:
1568:
1566:
1563:
1561:
1558:
1557:
1556:
1553:
1551:
1548:
1546:
1543:
1541:
1538:
1536:
1533:
1531:
1528:
1526:
1523:
1521:
1518:
1514:
1511:
1509:
1506:
1504:
1501:
1500:
1499:
1496:
1494:
1491:
1489:
1486:
1485:
1484:
1483:
1480:
1476:
1473:
1472:
1466:
1463:
1459:
1456:
1454:
1451:
1449:
1446:
1445:
1444:
1443:
1438:
1435:
1434:
1432:
1431:
1428:
1425:
1424:
1419:
1416:
1414:
1411:
1409:
1406:
1404:
1401:
1399:
1396:
1395:
1394:
1393:
1390:
1387:
1386:
1381:
1378:
1376:
1373:
1371:
1368:
1366:
1363:
1361:
1358:
1356:
1353:
1351:
1348:
1346:
1343:
1341:
1338:
1336:
1333:
1331:
1328:
1326:
1323:
1321:
1318:
1316:
1313:
1311:
1308:
1307:
1306:
1305:
1302:
1299:
1295:
1292:
1291:
1287:
1283:
1282:
1279:
1276:
1275:
1266:
1262:
1258:
1254:
1249:
1245:
1242:
1229:
1224:
1222:
1217:
1215:
1210:
1209:
1207:
1206:
1201:
1191:
1189:
1184:
1179:
1177:
1174:
1173:
1172:
1171:
1164:
1161:
1159:
1156:
1154:
1151:
1149:
1146:
1144:
1141:
1140:
1137:
1132:
1131:
1120:
1117:
1115:
1112:
1110:
1107:
1105:
1102:
1101:
1100:
1099:
1094:
1093:Financial law
1091:
1087:
1082:
1081:
1070:
1067:
1065:
1062:
1060:
1057:
1055:
1052:
1050:
1049:Basel Accords
1047:
1045:
1042:
1041:
1040:
1039:
1036:
1033:
1032:
1027:
1024:
1023:
1019:
1016:
1014:
1011:
1009:
1006:
1004:
1001:
999:
996:
994:
991:
989:
986:
985:
981:
976:
975:
964:
961:
959:
956:
951:
948:
945:
941:
938:
937:
935:
930:
927:
925:
922:
921:
919:
918:
917:
916:
913:
910:
909:
904:
901:
896:
893:
891:
888:
887:
885:
883:
880:
879:
878:
877:
874:
871:
870:
865:
860:
859:
849:
846:
844:
841:
840:
838:
836:
833:
831:
828:
826:
822:
819:
818:
815:
810:
809:
798:
795:
793:
790:
788:
787:Tax inversion
785:
783:
780:
777:
774:
773:
772:
771:
768:
765:
764:
759:
756:
754:
751:
749:
746:
744:
741:
740:
739:
738:
734:
733:
728:
725:
723:
720:
718:
715:
713:
710:
708:
705:
703:
700:
698:
695:
693:
690:
688:
685:
683:
680:
679:
678:
677:
673:
672:
667:
662:
661:
653:
652:Synthetic CDO
650:
648:
645:
643:
640:
638:
635:
633:
630:
628:
625:
624:
619:
616:
614:
611:
609:
605:
602:
601:
597:
594:
592:
589:
587:
584:
582:
579:
577:
574:
572:
569:
567:
564:
562:
559:
557:
554:
551:
547:
544:
542:
539:
537:
534:
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5352:Land banking
5337:Buyer broker
5311:Rental value
5134:Conveyancing
4944:Saudi Arabia
4792:Repossession
4790: /
4776: /
4772: /
4739:Logbook loan
4737: /
4718: /
4686: /
4667:cash advance
4627:Key concepts
4578:Repossession
4561:Key concepts
4479:
4471:No repayment
4470:
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4216:the original
4193:
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4148:
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4126:
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4110:FSA web site
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3231:repossession
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3113:George Soros
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2790:non-recourse
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1705:Credit union
1602:Growth stock
1580:independence
1340:Student loan
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1018:Money supply
1003:Full-reserve
988:Central bank
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5478:Urban decay
5332:Buyer agent
5154:Foreclosure
5149:Encumbrance
5022:Arable land
4934:Puerto Rico
4882:By location
4857:Real estate
4788:Foreclosure
4724:credit line
4698:Microcredit
4693:Moneylender
4679:Payday loan
4574:Foreclosure
4163:30 November
3870:October 30,
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3282:Refinancing
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3102:US Treasury
3074:Within the
3051:Pfandbriefe
2992:securitized
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2644:home equity
2455:Annual Rate
2094:yield curve
2005:or issuing
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1854:encumbrance
1700:Cooperative
1662:Stockbroker
1652:Speculation
1637:Market risk
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1325:Credit card
1320:Charge card
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518:Instruments
413:Real estate
376:Derivatives
261:Middle Ages
241:foreclosure
5550:Categories
5433:Green belt
5306:Remortgage
5090:Relocation
4889:Bangladesh
4778:Settlement
4758:Management
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4536:buy to let
4447:Continuous
4362:at USA.gov
4090:6 February
3796:. CBC News
3605:|web=
3554:2009-01-30
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3183:stamp duty
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1965:Completion
1850:collateral
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4204:. 2005.
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3800:18 March
3637:. p. 371
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3057:deposits
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1878:amortize
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