2224:
1259:
2199:
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.
2284:
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
150:
334:
2664:, 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.
1297:
3104:
2829:
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.
5514:
1206:
2944:(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
2541:
53:
5540:
1194:
5527:
2138:
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.
2047:
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.
298:, 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
3173:, 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:
2503:, 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
1993:
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.
2094:). 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.
2929:(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.
2103:
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
2990:, 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
3148:
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
3144:
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
2622:
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
2046:
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
3251:
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
3247:
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
3196:
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
2676:
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.
2613:
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
2526:
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
2198:
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
2182:
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
2102:
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
3119:
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
1254:
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
2936:
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
2828:
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
2178:
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
3053:
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
2194:
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
2137:
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
2027:
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
1992:
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
2283:
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
2951:
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
2004:
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
3013:
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,
2798:
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
2605:
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
2956:, 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.
2179:
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.
2020:). 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
2959:
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
2807:
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
2523:. 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.
3149:
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).
2098:
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
274:
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)".
1280:
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
2803:
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.
2141:
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.
2808:
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.
2994:.) 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.
2618:
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.
2062:
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
1988:: 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".
3054:
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
2609:
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.
3489:
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
2692:
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
1972:: 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.
2150:
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:
1249:
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
3021:
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
2637:
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.
1891:
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.
4001:
2070:
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
4033:
2239:
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.
2158:
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.
3089:, 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.
2393:
2170:
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);
2155:
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.
2288:
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.
2055:
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.
3095:-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.
2161:
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.
1949:. 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
2932:
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
2295:
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
3177:
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
4203:
3992:
2059:
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.
3211:
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
3897:
1903:
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.
4024:
2952:
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
3014:
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.
2248:
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)
2074:
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.
2488:
2462:
2440:
2418:
2941:
3871:
2186:
Many countries have lower requirements for certain borrowers, or "no-doc" / "low-doc" lending standards that may be acceptable under certain circumstances.
1956:
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.
2268:
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
1913:
of the lender in the property, which may entail restrictions on the use or disposal of the property. Restrictions may include requirements to purchase
310:, 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.
3232:
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
4090:
3034:
1124:
2308:
3786:
5498:
4212:
3248:
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%.
3120:
to deliver more affordable long-term fixed-rate mortgages, including the lessons to be learned from international markets and institutions".
1153:
3391:
2123:
are not supported by government guarantees and face higher interest rates. Other innovations described below can affect the rates as well.
2824:(savings and loans associations) reported nominal interest rates of approximately 6 per cent per annum in the last 40 years (as of 2004).
1895:
Mortgage lending is the primary mechanism used in many countries to finance private ownership of residential and commercial property (see
1114:
1079:
5453:
3078:
are still common, whilst the United States has discouraged their use. Unlike much of the United States, mortgage loans are usually not
2842:
2235:
of a mortgage loan (fixed at a set interest rate for the term, or variable relative to market interest rates), there are variations in
1816:
2874:
The US mortgage sector has been the center of major financial crises over the last century. Unsound lending practices resulted in the
1296:
3559:
2215:
that the currency will depreciate and they will therefore need to convert higher amounts of the domestic currency to repay the loan.
1236:
2905:
together, but if they are split traditionally the holder of the note and not the mortgage has the right to foreclose. For example,
2860:
892:
4959:
4621:
4403:
2981:
2961:
2953:
2926:
2848:
2174:(all debt payments, including mortgage payments, as a percentage of income); and various net worth measures. In many countries,
5468:
2868:
2838:
267:
2227:
Mortgage loan. Total payment = loan principal + expenses (taxes and fees) + total interest. Fixed interest rates and loan term
4858:
4073:
3975:
3657:
3041:. The FCA and PRA were established in 2013 with the aim of responding to criticism of regulatory failings highlighted by the
2887:
2875:
2864:
2657:), depending on the country. The loans are typically not repaid until the borrowers are deceased, hence the age restriction.
2223:
1550:
1258:
1899:). Although the terminology and precise forms will differ from country to country, the basic components tend to be similar:
5458:
3181:, will pay a contribution towards the purchase of the property. When the last payment is made, the property changes hands.
3483:
905:
258:") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word
4226:
3677:
5483:
3001:
are more common than in the United States. This is in part because mortgage loan financing relies less on fixed income
1064:
117:
1927:(also called a "mortgagor"): the person borrowing who either has or is creating an ownership interest in the property.
5281:
4964:
4220:
3764:
3464:
3042:
2588:
136:
89:
2570:
786:
3541:
4530:
3419:
2685:
234:
to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a
3184:
Typically, this may lead to a higher final price for the buyers. This is because in some countries (such as the
2115:
involves checking credit scores, debt-to-income, downpayments (deposits), assets, and assessing property value.
96:
5438:
5418:
4883:
4820:
2817:
2697:
is due. When interest rates are high relative to the rate on an existing seller's loan, the buyer can consider
2661:
2566:
1809:
546:
456:
74:
17:
3632:
3598:
1996:
Mortgage loans are generally structured as long-term loans, the periodic payments for which are similar to an
5544:
2852:
1229:
1198:
442:
5448:
5392:
4997:
4503:
4257:
3580:
2965:
2733:
2602:
1458:
4295:"Conceptualization of the real economy and Islamic finance: Transformation beyond the asset-link rhetoric"
3515:
103:
5397:
5387:
4954:
4614:
4396:
4065:
3961:
3934:
3359:
3174:
3030:
2300:
4164:
3845:
3804:
5054:
4944:
4734:
3382:
2688:
have increasing costs over time and are geared to young borrowers who expect wage increases over time.
2516:
1008:
722:
412:
5002:
4899:
4851:
4557:
4552:
2741:
2562:
2208:
1802:
1745:
1540:
1463:
1069:
954:
732:
506:
85:
70:
39:
4370:
2211:
are common, enabling lenders to lend in a stable foreign currency, whilst the borrower takes on the
4914:
4754:
4494:
4440:
3619:
3413:
3201:
in such transactions was removed in the Finance Act 2003 in order to facilitate Islamic mortgages.
3006:
2933:
2883:
2689:
2551:
2490:
is the number of payments; for monthly payments over 30 years, 12 months x 30 years = 360 payments.
2277:
2264:(from the perspective of the lender), and the calculation of the periodic payments is based on the
2261:
2111:
The charge to the borrower depends upon the credit risk in addition to the interest rate risk. The
2083:
1997:
1946:
1423:
1370:
1222:
758:
219:
5530:
5196:
5085:
4934:
3324:
3276:
3128:
2879:
2555:
2296:
401:
391:
63:
4376:
3826:
5296:
5256:
5022:
4644:
4607:
4578:
4389:
3404:
3336:
3133:
3017:
Home ownership rates are comparable to the United States, but overall default rates are lower.
2998:
2910:
2765:
2500:
2465:
2091:
2087:
1780:
1657:
1632:
1590:
1503:
560:
471:
3714:
5357:
5337:
5311:
5301:
5261:
5129:
5090:
4992:
4949:
4939:
4924:
4904:
4649:
4059:
3965:
3502:
3071:
2292:
2064:
2041:
1938:
1705:
900:
511:
250:
is put into place which allows the lender to take possession and sell the secured property ("
4361:
3745:
5518:
5271:
5201:
5064:
5007:
4929:
4919:
4909:
4844:
4784:
4340:
3075:
3018:
2937:
that has arisen has contributed to a significant increase in mortgage debt in the country.
2758:
where the borrowers pay interest while the principal is paid with a life insurance policy.
2512:
2273:
2171:
1860:
1785:
1755:
1597:
1560:
1523:
1096:
1013:
717:
642:
576:
528:
371:
283:
243:
239:
8:
5428:
5251:
5246:
5080:
4985:
4980:
4793:
4562:
4435:
4243:
4116:
3555:
3365:
3353:
3266:
3233:
2901:) and the security interest evidenced by the "mortgage" document; generally, the two are
2761:
2702:
2265:
2132:
2079:
2001:
1985:
1896:
1730:
1725:
1627:
1399:
1263:
1173:
1163:
883:
840:
792:
737:
551:
279:
4294:
3252:
repossessing authority recover less than full and fair market value for any hard asset.
5478:
5352:
5306:
5286:
5119:
5100:
5042:
5017:
4825:
4775:
4475:
4471:
4461:
4421:
4322:
3281:
3271:
3224:
2914:
2755:
2508:
2473:
2447:
2425:
2403:
2256:
2029:
1918:
1871:
would be, but because most mortgages occur as a condition for new loan money, the word
1856:
1765:
1652:
1380:
1186:
1168:
1018:
973:
922:
763:
652:
386:
4189:
3898:"Finance minister Bill Morneau to review and consider changes to mortgage stress test"
2276:
may apply; and other factors. There may be legal restrictions on certain matters, and
282:(for example, their own business premises, residential property let to tenants, or an
278:
Mortgage borrowers can be individuals mortgaging their home or they can be businesses
110:
5566:
5382:
5191:
5174:
5134:
5059:
5049:
5027:
5012:
4780:
4520:
4326:
4314:
4216:
4069:
3971:
3727:
3678:
http://www.unece.org/hlm/prgm/hmm/hsg_finance/publications/housing.finance.system.pdf
3606:
3376:
3314:
3158:
2972:
ordered to review and consider changes to the mortgage stress test in December 2019.
2747:
2710:
2646:
2606:
therefore insufficient funds were available to repay balance at the end of the term.
2285:
2269:
1910:
1585:
1570:
1518:
1498:
1428:
1385:
1074:
950:
845:
712:
707:
702:
676:
637:
461:
361:
4275:
3029:
The customer-facing aspects of the residential mortgage sector are regulated by the
2754:
allow deposits to be counted against the mortgage loan. In the UK there is also the
5402:
5377:
5276:
5218:
5179:
5139:
4815:
4730:
4672:
4485:
4306:
3443:
3287:
3079:
3023:
2987:
2968:. Because of all the criticisms from real estate industry, Canada finance minister
2902:
2764:
typically have different interest rates, risks, and contracts than personal loans.
2725:
2706:
2698:
2642:
2195:
than 70–80% LTV and no more than one-third of gross income going to mortgage debt.
2120:
1677:
1642:
1637:
1622:
1607:
1545:
1513:
1418:
1304:
1288:
1146:
939:
913:
831:
824:
807:
753:
727:
614:
596:
581:
501:
492:
396:
381:
343:
317:
295:
192:
2464:
is the rate of interest expressed as a fraction; for a monthly payment, take the (
5266:
5213:
4788:
4524:
4142:
3297:
3067:
3038:
3010:
2991:
2898:
2777:
2751:
2694:
2250:
2013:
2009:
1888:
1775:
1760:
1720:
1617:
1602:
1575:
1555:
1485:
1475:
1129:
1054:
1045:
1003:
968:
960:
768:
657:
571:
352:
3691:
Property Title Trouble in Non-Judicial Foreclosure States: The Ibanez Time Bomb?
3690:
2986:
The mortgage industry of the United Kingdom has traditionally been dominated by
333:
5571:
5493:
5473:
5433:
5372:
5154:
5124:
4698:
4664:
4654:
4499:
4055:
3702:
3437:
3212:
3204:
An alternative scheme involves the bank reselling the property according to an
3185:
3086:
3033:(FCA), and lenders' financial probity is overseen by a separate regulator, the
3002:
2737:
2632:
2615:
2116:
2021:
2017:
1914:
1770:
1735:
1580:
1530:
1468:
1340:
1251:
1036:
874:
566:
536:
451:
418:
149:
3940:
Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market
3009:) than in the United States, Denmark, and Germany, and more on retail savings
5560:
5291:
5223:
5208:
5037:
4726:
4694:
4630:
4412:
4318:
3205:
3178:
3116:
2948:
musing publicly as far back as 2012 about privatizing the Crown corporation.
2894:
2893:
In the United States, the mortgage loan involves two separate documents: the
2212:
1950:
1884:
1880:
1855:
in England and Wales) pledges his or her interest (right to the property) as
1848:
1790:
1750:
1695:
1320:
1103:
1059:
835:
797:
777:
662:
623:
376:
231:
35:
4205:
Housing Finance Systems for Countries in Transition: Principles and Examples
3103:
2847:
The mortgage industry of the United States is a major financial sector. The
2780:
provide financing in exchange for the mortgaging of real estate collateral.
5463:
5362:
5347:
5321:
5144:
5110:
4802:
4749:
4718:
4677:
4588:
3872:"Regulator defends mortgage stress test in face of push-back from industry"
3370:
3241:
3123:
3055:
2969:
2945:
2800:
2769:
2728:
to reduce interest rate and encourage buyers. Homeowners can also take out
2717:
2520:
2175:
1975:
1969:
1906:
1840:
1715:
1612:
1350:
1210:
1028:
998:
858:
556:
433:
406:
291:
255:
247:
31:
4165:
Fixed rate versus adjustable rate mortgages: evidence from euro area banks
3026:, meaning debtors are liable for any loan deficiencies after foreclosure.
2720:
add the costs of furnishings and other personal property to the mortgage.
1941:. (In some countries, particularly the United States, Lenders may also be
5488:
5342:
5164:
5159:
5032:
4867:
4798:
4708:
4703:
4689:
4584:
4341:"SDLTM28400 - Stamp Duty Land Tax Manual - HMRC internal manual - GOV.UK"
3967:
World Economic Outlook: September 2004: The Global Demographic Transition
3938:
3478:
3292:
3237:
3112:
2789:
2773:
2729:
2673:
2654:
2104:
1965:
1864:
1710:
1672:
1662:
1647:
1375:
1365:
1345:
1335:
1330:
618:
483:
428:
423:
366:
271:
251:
5443:
5316:
4759:
4745:
4740:
4546:
3342:
3319:
3309:
3198:
3193:
3061:
2906:
2856:
1844:
1489:
1437:
1390:
1360:
1355:
853:
692:
628:
307:
303:
263:
4310:
2012:, and generally borrow these funds themselves (for example, by taking
4684:
2795:
1852:
1158:
1119:
802:
591:
586:
4377:
Australian Securities & Investments Commission (ASIC) Home Loans
2540:
52:
5423:
5367:
5169:
5095:
4878:
3409:
3347:
3170:
2768:
allow multiple investors to share in a loan. Builders may take out
2750:
allow for more freedom by the borrower to skip payments or prepay.
1959:
1942:
1924:
1868:
1325:
1267:
466:
299:
286:). The lender will typically be a financial institution, such as a
2740:. In the US, foreign nationals due to their unique situation face
2716:
Budget loans include taxes and insurance in the mortgage payment;
3387:
3339:– a term for a lender collateralizing non-residential properties.
2724:
mortgages allow the seller or lender to pay something similar to
2721:
1740:
1565:
1447:
325:
4599:
4381:
2499:
The main alternative to a principal and interest mortgage is an
5228:
4365:
3787:"New mortgage guidelines push CMHC to embrace insurance basics"
3166:
2776:
may be used as temporary financing pending a longer-term loan.
2732:
in which they receive cash for a mortgage debt on their house.
2032:
and time delays that may be involved in certain circumstances.
1930:
1408:
1193:
478:
4836:
3587:. Certified Ramsey Solutions Master Financial Coach (Updated).
3542:"What Is an Underwriter: The Unseen Approver of Your Mortgage"
3260:
5184:
3189:
3163:
2820:
compared German, US, and Danish mortgage systems. The German
1667:
1508:
1271:
697:
647:
3846:"Mortgage stress test rules get more lenient for first time"
2614:
the roll-up effect (compounding) of interest on traditional
201:
5149:
3960:
3933:
3431:
2709:
that can make it easier for a seller to sell a property. A
2207:
In some countries with currencies that tend to depreciate,
1934:
1876:
1700:
1535:
1413:
1311:
1275:
1023:
990:
601:
541:
287:
235:
227:
3993:"Best fixed rate mortgages: two, three, five and 10 years"
3746:"Comparing Canada and U.S. Housing Finance Systems - CMHC"
2388:{\displaystyle A=P\cdot {\frac {r(1+r)^{n}}{(1+r)^{n}-1}}}
2145:
1921:, or pay off outstanding debt before selling the property.
210:
2855:, to foster mortgage lending, construction and encourage
934:
207:
204:
4170:(Report). European Central Bank. October 2019. p. 2
242:" on the borrower's property through a process known as
30:
For mortgages in general and their legal structure, see
4293:
Farooq, Mohammad O.; Selim, Mohammad (September 2019).
2783:
2005:
possible and common worldwide and within each country.
1978:: legal completion of the mortgage deed, and hence the
1933:(also called a "mortgagee"): any lender, but usually a
2942:
Office of the Superintendent of Financial Institutions
2713:
has payments made every two weeks instead of monthly.
1834:
3765:"The Residential Mortgage Market in Canada: A Primer"
3350:– Relating to the U.S. Federal Housing Administration
2476:
2450:
2428:
2406:
2311:
2231:
In addition to the two standard means of setting the
1867:(limitation) on the right to the property just as an
4091:"U.K. Scraps FSA, Reversing System Set Up by Brown"
3503:
Mortgage Servicing: Making Sure Your Payments Count
2189:
1962:: a financial charge for use of the lender's money.
198:
195:
77:. Unsourced material may be challenged and removed.
4023:
3991:
2913:Multistate Fixed-Rate Note 3200 and also separate
2530:
2482:
2456:
2434:
2412:
2387:
2126:
1883:. As with other types of loans, mortgages have an
2667:
5558:
4258:"Housing Finance Review: analysis and proposals"
3303:
3215:involved in the transaction with the homebuyer.
2623:as more retirees require finance in retirement.
1843:, a mortgage occurs when an owner (usually of a
4143:"Financial Services Bill receives Royal Assent"
4025:"Demand for fixed mortgages hits all-time high"
3970:. International Monetary Fund. pp. 81–83.
3330:
2962:first-time home buyer incentive program (FTHBI)
2078:The two basic types of amortized loans are the
2008:Lenders provide funds against property to earn
4263:. HM Treasury. March 2008 – via the BBC.
4061:Forest Products Annual Market Review 2008-2009
4054:
3805:"New mortgage stress test rules kick in today"
2507:or is often related to the type of plan used:
1945:who own an interest in the mortgage through a
238:on the property being mortgaged. The loan is "
5499:List of housing markets by real estate prices
4852:
4615:
4397:
4213:United Nations Economic Commission for Europe
3208:, at a price higher than the original price.
3107:Mortgage rates historical trends 1986 to 2010
2113:mortgage origination and underwriting process
1810:
1255:be sold to investors in small denominations.
1230:
3090:
3059:
2511:if an endowment policy is used, similarly a
2202:
4292:
4109:
3658:"Homes: Slow-market savings – the 'buy-down
3516:"How Long Does Mortgage Underwriting Take?"
3261:General, or related to more than one nation
2569:. Unsourced material may be challenged and
2280:may specify or prohibit certain practices.
1115:International Financial Reporting Standards
1080:Separation of investment and retail banking
302:, which means that if the borrower becomes
34:. For mortgage loans secured on ships, see
5539:
4859:
4845:
4622:
4608:
4404:
4390:
2843:Mortgage underwriting in the United States
2165:
1817:
1803:
1237:
1223:
4371:Mortgages: For Home Buyers and Homeowners
4299:Thunderbird International Business Review
3784:
3560:Canadian Mortgage and Housing Corporation
2589:Learn how and when to remove this message
2243:
153:30 year mortgage of 4% on $ 250,000 loan
137:Learn how and when to remove this message
4276:"Denmark Offers a Model Mortgage Market"
4135:
3956:
3954:
3952:
3950:
3929:
3927:
3925:
3923:
3921:
3919:
3917:
3915:
3913:
3911:
3895:
3869:
3169:law prohibits the payment or receipt of
3102:
2861:Government National Mortgage Association
2772:which cover several properties at once.
2641:These arrangements are variously called
2222:
2218:
2035:
1863:for a loan. Therefore, a mortgage is an
1257:
148:
4244:"Press Releases - PR-60-2008 7/15/2008"
3633:"Are Mortgage Assumptions a Good Deal?"
3236:over 80%, and employed in the event of
2982:Mortgage industry of the United Kingdom
2954:Canada Mortgage and Housing Corporation
2927:Canada Mortgage and Housing Corporation
2811:
2146:Value: appraised, estimated, and actual
1829:
14:
5559:
3578:
3446:– applicable legal filing requirements
2869:Federal Home Loan Mortgage Corporation
2839:Mortgage industry of the United States
2672:In the U.S. a partial amortization or
2050:
4840:
4603:
4385:
4273:
4196:
3947:
3908:
3843:
3599:"How do HECM Reverse Mortgages Work?"
3218:
3048:
2876:National Mortgage Crisis of the 1930s
2865:Federal National Mortgage Association
5526:
4082:
3896:Zochodne, Geoff (13 December 2019).
3762:
3581:"Definition of Mortgage Curtailment"
3556:"Who Needs Mortgage Loan Insurance?"
3362:– a type of mortgage for urban areas
3152:
2917:mortgage forms which vary by state.
2794:In most jurisdictions, a lender may
2784:Foreclosure and non-recourse lending
2626:
2567:adding citations to reliable sources
2534:
2420:is the periodic amortization payment
1266:and 2 loan term) = loan principal +
75:adding citations to reliable sources
46:
3484:Commentaries on the Laws of England
3070:, except Denmark and Germany where
2260:in the UK. A mortgage is a form of
1835:Basic concepts and legal regulation
24:
5484:Undergraduate real estate programs
2964:by the Canadian government in the
2028:estate assets; and the financial,
1875:has become the generic term for a
1154:Private equity and venture capital
1065:Bank for International Settlements
25:
5583:
5282:Investment rating for real estate
4629:
4411:
4355:
4274:Soros, George (10 October 2008).
3870:Zochodne, Geoff (June 11, 2019).
3785:Greenwood, John (14 April 2014).
2975:
2272:daily, yearly, or semi-annually;
1199:Business and Economics portal
5538:
5525:
5513:
5512:
4088:
3646:Mastering Real Estate Principals
3579:Bodine, Alicia (April 5, 2019).
3477:
3425:
3398:
3098:
2832:
2686:Graduated payment mortgage loans
2539:
2494:
2442:is the principal amount borrowed
2190:Standard or conforming mortgages
2112:
2000:and calculated according to the
1295:
1262:Mortgage loan. Total payment (3
1204:
1192:
787:Base erosion and profit shifting
332:
191:
51:
4866:
4531:graduated payment mortgage loan
4443:/ variable-rate / floating rate
4333:
4286:
4267:
4250:
4236:
4190:"Covered Bond Outstanding 2007"
4182:
4157:
4145:. HM Treasury. 19 December 2012
4048:
4036:from the original on 2022-01-11
4016:
4004:from the original on 2022-01-11
3984:
3889:
3863:
3837:
3819:
3797:
3778:
3756:
3738:
3720:
3708:
3696:
3683:
3671:
3651:
3638:
3420:Mortgage Investment Corporation
3035:Prudential Regulation Authority
2882:of the 1980s and 1990s and the
2531:Interest-only lifetime mortgage
2127:Loan to value and down payments
62:needs additional citations for
5439:Graduate real estate education
4884:Tertiary sector of the economy
4821:Alternative financial services
4117:"Regulatory Reform Background"
3626:
3591:
3572:
3548:
3534:
3508:
3495:
3471:
3457:
3392:Department of Veterans Affairs
2867:(known as Fannie Mae) and the
2818:Economic Commission for Europe
2699:assuming the seller's mortgage
2668:Interest and partial principal
2662:Federal Housing Administration
2367:
2354:
2343:
2330:
2183:loss or other loss of income.
1278:) + total interest to be paid.
547:Collateralised debt obligation
457:Bull (stock market speculator)
280:mortgaging commercial property
27:Loan secured using real estate
13:
1:
4225:. ECE/HBP/138. Archived from
3844:Evans, Pete (July 19, 2019).
3450:
3304:Related to the United Kingdom
3043:financial crisis of 2007–2008
2859:. These programs include the
2853:government sponsored entities
2851:created several programs, or
2734:Shared appreciation mortgages
2680:
893:Final consumption expenditure
230:used either by purchasers of
5393:Real estate investment trust
4998:Extraterrestrial real estate
4755:Tax refund anticipation loan
4645:Annual percentage rate (APR)
4504:shared appreciation mortgage
3331:Related to the United States
2966:2019 Canadian federal budget
2603:Financial Services Authority
1839:According to Anglo-American
7:
5398:Real property administrator
5388:Real estate investment club
4650:Effective annual rate (EAR)
4066:United Nations Publications
3962:International Monetary Fund
3935:Congressional Budget Office
3379:– U.S. mortgage terminology
3373:– U.S. mortgage terminology
3360:Location Efficient Mortgage
3255:
3139:
3037:(PRA) which is part of the
3031:Financial Conduct Authority
2863:(known as Ginnie Mae), the
10:
5588:
5055:Private equity real estate
3383:Predatory mortgage lending
3222:
3156:
3007:mortgage-backed securities
2979:
2836:
2787:
2630:
2517:Individual Savings Account
2505:investment-backed mortgage
2209:foreign currency mortgages
2130:
2039:
1125:Professional certification
723:Enterprise risk management
507:Offshore financial centres
29:
5507:
5411:
5330:
5237:
5109:
5073:
5003:International real estate
4973:
4892:
4874:
4811:
4768:
4717:
4663:
4637:
4571:
4558:foreign national mortgage
4553:foreign currency mortgage
4539:
4513:
4450:
4428:
4419:
3827:"Mortgage Qualifier Tool"
3522:. SFGate. 22 October 2012
2920:
2886:of 2007 which led to the
2816:A study issued by the UN
2742:Foreign National mortgage
2690:Balloon payment mortgages
2203:Foreign currency mortgage
1746:Guaranteed minimum income
1541:Diversification (finance)
1070:Financial Stability Board
170: Total interest paid
40:Mortgage (disambiguation)
4495:balloon payment mortgage
4441:adjustable-rate mortgage
2884:subprime mortgage crisis
2871:(known as Freddie Mac).
2651:equity release mortgages
2278:consumer protection laws
2084:adjustable-rate mortgage
1947:mortgage-backed security
1424:Employee stock ownership
1371:Refund anticipation loan
759:Mergers and acquisitions
5197:Real estate transaction
5086:Real estate development
4527:, mortgage accelerator)
3644:Cortesi, G. R. (2003).
3390:– Relating to the U.S.
3325:UK mortgage terminology
3277:Mortgage discrimination
3132:editorial promoted the
3129:The Wall Street Journal
3072:asset-backed securities
2999:variable-rate mortgages
2888:2010 foreclosure crisis
2880:savings and loan crisis
2766:Participation mortgages
2297:amortization calculator
2166:Payment and debt ratios
2086:(ARM) (also known as a
1847:/ freehold interest in
1341:Unsecured personal loan
220:civil law jurisdictions
176: Remaining balance
5297:Real estate derivative
5257:Effective gross income
5023:Healthcare real estate
4579:Annual percentage rate
4472:interest-only mortgage
3405:Danish mortgage market
3337:Commercial lender (US)
3134:Danish mortgage market
3108:
3091:
3060:
2911:standard form contract
2501:interest-only mortgage
2484:
2458:
2436:
2414:
2389:
2244:Principal and interest
2228:
2092:variable rate mortgage
1781:Universal basic income
1658:Portfolio optimization
1633:Investment performance
1504:Alternative investment
1282:
561:certificate of deposit
178:
38:. For other uses, see
5454:Industry trade groups
5358:Exclusive buyer agent
5312:Real estate valuation
5302:Real estate economics
5262:Gross rent multiplier
5091:Real estate investing
4993:Corporate Real Estate
3635:. Mortgage Professor.
3585:budgeting.thenest.com
3520:homeguides.sfgate.com
3465:"Mortgage Calculator"
3106:
2631:Further information:
2485:
2459:
2437:
2415:
2390:
2293:amortization schedule
2254:in the U.S. and as a
2226:
2219:Repaying the mortgage
2065:negative amortization
2042:Mortgage underwriting
2036:Mortgage underwriting
1939:financial institution
1887:and are scheduled to
1261:
512:Conduit and sink OFCs
152:
5272:Highest and best use
5238:Economics, financing
5202:Real estate contract
5096:Real estate flipping
5065:Residential property
5008:Lease administration
4960:United Arab Emirates
4000:. 26 February 2014.
3831:Government of Canada
3715:Security Instruments
3126:'s October 10, 2008
3076:Prepayment penalties
3019:Prepayment penalties
2812:National differences
2762:Commercial mortgages
2563:improve this section
2527:the interest rate).
2513:personal equity plan
2474:
2448:
2426:
2404:
2309:
2274:prepayment penalties
1897:commercial mortgages
1830:Mortgage loan basics
1786:Volatility (finance)
1756:Risk-return spectrum
1598:Fundamental analysis
1464:Defined contribution
1264:fixed interest rates
738:Financial statements
718:Credit rating agency
643:Repurchase agreement
284:investment portfolio
246:. This means that a
244:mortgage origination
164: Principal paid
71:improve this article
5252:Capitalization rate
5247:Asset-based lending
5081:Property management
4986:Commercial building
4981:Commercial property
4794:Personal bankruptcy
4563:wraparound mortgage
4436:fixed-rate mortgage
4280:Wall Street Journal
3728:"About CMHC - CMHC"
3703:Single-family notes
3693:. Albany Law School
3689:Renuart E. (2012).
3544:. 26 February 2014.
3366:Mortgage assumption
3354:Fixed rate mortgage
3267:Commercial mortgage
3234:loan-to-value ratio
3045:and its aftermath.
2940:In April 2014, the
2915:security instrument
2703:wraparound mortgage
2266:time value of money
2133:Loan-to-value ratio
2080:fixed rate mortgage
2051:Mortgage loan types
2002:time value of money
1731:Financial inclusion
1726:Financial deepening
1628:Investment advisory
1400:Employment contract
1174:Accounting scandals
1164:Stock market bubble
884:Government spending
841:Employment contract
793:Corporate tax haven
552:Credit default swap
5479:Real estate trends
5383:Real estate broker
5353:Chartered Surveyor
5307:Real estate bubble
5287:Mortgage insurance
5120:Adverse possession
5043:Luxury real estate
5018:Garden real estate
4826:Financial literacy
4476:endowment mortgage
4462:Repayment mortgage
4429:Interest rate type
4422:Financial literacy
3614:Unknown parameter
3356:calculations (USA)
3282:No Income No Asset
3272:Mortgage analytics
3230:Mortgage insurance
3225:Mortgage insurance
3219:Mortgage insurance
3111:On July 28, 2008,
3109:
3049:Continental Europe
2988:building societies
2849:federal government
2756:endowment mortgage
2748:Flexible mortgages
2647:lifetime mortgages
2519:(ISA) mortgage or
2509:endowment mortgage
2480:
2454:
2432:
2410:
2385:
2286:bi-weekly mortgage
2257:repayment mortgage
2229:
2030:interest rate risk
1919:mortgage insurance
1766:Structured product
1706:Citizen's dividend
1653:Passive management
1381:Debt consolidation
1283:
1169:Stock market crash
1019:Investment banking
1009:Fractional-reserve
974:Warrant of payment
923:Government revenue
846:Financial planning
764:Structured finance
262:is derived from a
179:
5554:
5553:
5192:Property abstract
5175:Land registration
5135:Concurrent estate
5060:Real estate owned
5050:Off-plan property
5028:Vacation property
5013:Niche real estate
4834:
4833:
4781:Credit counseling
4597:
4596:
4521:flexible mortgage
4468:Repayment at term
4311:10.1002/tie.22013
4075:978-92-1-117007-8
3977:978-1-58906-406-5
3763:Crawford, Allan.
3440:– a legal concept
3377:pre-qualification
3315:Mortgage cashback
3175:Islamic mortgages
3159:Islamic economics
3153:Islamic countries
3074:are also common.
2711:biweekly mortgage
2643:reverse mortgages
2627:Reverse mortgages
2599:
2598:
2591:
2483:{\displaystyle n}
2457:{\displaystyle r}
2435:{\displaystyle P}
2413:{\displaystyle A}
2383:
2301:following formula
1911:security interest
1851:, but frequently
1827:
1826:
1499:Active management
1429:Employee benefits
1386:Debt rescheduling
1247:
1246:
1137:
1136:
1087:
1086:
1075:Deposit insurance
981:
980:
815:
814:
713:Corporate finance
708:Capital structure
703:Capital budgeting
638:Performance bonds
519:
518:
502:Financial centres
462:Financial planner
362:Asset (economics)
147:
146:
139:
121:
16:(Redirected from
5579:
5542:
5541:
5529:
5528:
5516:
5515:
5459:Investment firms
5378:Property manager
5277:Home equity loan
5180:Leasehold estate
5140:Conditional sale
4861:
4854:
4847:
4838:
4837:
4816:Personal finance
4731:Home equity loan
4673:Credit card debt
4624:
4617:
4610:
4601:
4600:
4540:Other variations
4514:Variable payment
4486:reverse mortgage
4464:/ self-amortized
4406:
4399:
4392:
4383:
4382:
4349:
4348:
4337:
4331:
4330:
4290:
4284:
4283:
4271:
4265:
4264:
4262:
4254:
4248:
4247:
4240:
4234:
4233:
4231:
4210:
4200:
4194:
4193:
4186:
4180:
4179:
4177:
4175:
4169:
4161:
4155:
4154:
4152:
4150:
4139:
4133:
4132:
4130:
4128:
4113:
4107:
4106:
4104:
4102:
4086:
4080:
4079:
4052:
4046:
4045:
4043:
4041:
4027:
4020:
4014:
4013:
4011:
4009:
3995:
3988:
3982:
3981:
3958:
3945:
3944:
3931:
3906:
3905:
3893:
3887:
3886:
3884:
3882:
3867:
3861:
3860:
3858:
3856:
3841:
3835:
3834:
3823:
3817:
3816:
3814:
3812:
3801:
3795:
3794:
3782:
3776:
3775:
3769:
3760:
3754:
3753:
3742:
3736:
3735:
3724:
3718:
3712:
3706:
3700:
3694:
3687:
3681:
3675:
3669:
3661:
3655:
3649:
3642:
3636:
3630:
3624:
3623:
3617:
3612:
3610:
3602:
3595:
3589:
3588:
3576:
3570:
3569:
3567:
3566:
3552:
3546:
3545:
3538:
3532:
3531:
3529:
3527:
3512:
3506:
3499:
3493:
3492:
3475:
3469:
3468:
3461:
3412:- equivalent in
3288:Nonrecourse debt
3206:installment plan
3094:
3080:nonrecourse debt
3065:
3024:nonrecourse debt
3005:assets (such as
2934:financial crisis
2778:Hard money loans
2752:Offset mortgages
2707:seller financing
2594:
2587:
2583:
2580:
2574:
2543:
2535:
2521:pension mortgage
2515:(PEP) mortgage,
2489:
2487:
2486:
2481:
2463:
2461:
2460:
2455:
2441:
2439:
2438:
2433:
2419:
2417:
2416:
2411:
2394:
2392:
2391:
2386:
2384:
2382:
2375:
2374:
2352:
2351:
2350:
2325:
2121:subprime lending
1982:of the mortgage.
1879:secured by such
1819:
1812:
1805:
1688:
1678:Target date fund
1643:Investor profile
1638:Investment style
1623:Impact investing
1608:Growth investing
1546:Equity (finance)
1419:Salary packaging
1299:
1289:Personal finance
1285:
1284:
1239:
1232:
1225:
1211:Money portal
1209:
1208:
1207:
1197:
1196:
1147:Economic history
1109:
1108:
1042:
1041:
940:Deficit spending
914:Transfer payment
880:
879:
808:Transfer pricing
754:Leveraged buyout
728:Enterprise value
682:
681:
597:Letter of credit
582:Futures contract
415:
413:Over-the-counter
402:Foreign exchange
349:
348:
336:
313:
312:
296:building society
222:known also as a
217:
216:
213:
212:
209:
206:
203:
200:
197:
175:
169:
163:
158: Total cost
157:
142:
135:
131:
128:
122:
120:
79:
55:
47:
21:
5587:
5586:
5582:
5581:
5580:
5578:
5577:
5576:
5557:
5556:
5555:
5550:
5503:
5407:
5326:
5267:Hard money loan
5239:
5233:
5214:Rent regulation
5105:
5069:
4969:
4888:
4870:
4865:
4835:
4830:
4807:
4785:Management plan
4764:
4713:
4659:
4633:
4628:
4598:
4593:
4567:
4535:
4525:offset mortgage
4509:
4446:
4424:
4415:
4410:
4358:
4353:
4352:
4345:www.hmrc.gov.uk
4339:
4338:
4334:
4291:
4287:
4272:
4268:
4260:
4256:
4255:
4251:
4242:
4241:
4237:
4229:
4223:
4208:
4202:
4201:
4197:
4188:
4187:
4183:
4173:
4171:
4167:
4163:
4162:
4158:
4148:
4146:
4141:
4140:
4136:
4126:
4124:
4115:
4114:
4110:
4100:
4098:
4097:. Bloomberg L.P
4089:Vina, Gonzalo.
4087:
4083:
4076:
4053:
4049:
4039:
4037:
4032:. 17 May 2013.
4022:
4021:
4017:
4007:
4005:
3990:
3989:
3985:
3978:
3959:
3948:
3932:
3909:
3894:
3890:
3880:
3878:
3868:
3864:
3854:
3852:
3842:
3838:
3825:
3824:
3820:
3810:
3808:
3803:
3802:
3798:
3783:
3779:
3772:bankofcanada.ca
3767:
3761:
3757:
3744:
3743:
3739:
3726:
3725:
3721:
3713:
3709:
3701:
3697:
3688:
3684:
3676:
3672:
3659:
3656:
3652:
3643:
3639:
3631:
3627:
3615:
3613:
3604:
3603:
3597:
3596:
3592:
3577:
3573:
3564:
3562:
3554:
3553:
3549:
3540:
3539:
3535:
3525:
3523:
3514:
3513:
3509:
3500:
3496:
3476:
3472:
3463:
3462:
3458:
3453:
3434:– legal aspects
3428:
3401:
3333:
3306:
3298:Second Mortgage
3263:
3258:
3227:
3221:
3213:financial risks
3161:
3155:
3142:
3101:
3051:
3039:Bank of England
2992:demutualisation
2984:
2978:
2925:In Canada, the
2923:
2899:promissory note
2845:
2837:Main articles:
2835:
2814:
2792:
2786:
2695:balloon payment
2683:
2670:
2635:
2629:
2595:
2584:
2578:
2575:
2560:
2544:
2533:
2497:
2475:
2472:
2471:
2449:
2446:
2445:
2427:
2424:
2423:
2405:
2402:
2401:
2370:
2366:
2353:
2346:
2342:
2326:
2324:
2310:
2307:
2306:
2246:
2221:
2205:
2192:
2168:
2148:
2135:
2129:
2117:Jumbo mortgages
2053:
2044:
2038:
2010:interest income
1837:
1832:
1823:
1776:Systematic risk
1761:Social dividend
1721:Economic bubble
1686:
1618:Hedge (finance)
1603:Government bond
1556:Estate planning
1486:Personal budget
1480:
1476:Social security
1459:Defined benefit
1452:
1279:
1243:
1205:
1203:
1191:
1179:
1178:
1149:
1139:
1138:
1130:Fund governance
1106:
1089:
1088:
1055:Banking license
1046:Bank regulation
1033:
1004:Deposit account
993:
983:
982:
969:Non-tax revenue
965:
944:
910:
877:
867:
866:
863:
827:
817:
816:
769:Venture capital
733:Risk management
679:
669:
668:
667:
658:Syndicated loan
634:
531:
521:
520:
411:
346:
248:legal mechanism
194:
190:
177:
173:
171:
167:
165:
161:
159:
155:
143:
132:
126:
123:
80:
78:
68:
56:
43:
28:
23:
22:
15:
12:
11:
5:
5585:
5575:
5574:
5569:
5552:
5551:
5549:
5548:
5545:List of topics
5535:
5522:
5508:
5505:
5504:
5502:
5501:
5496:
5494:Urban planning
5491:
5486:
5481:
5476:
5474:Property cycle
5471:
5466:
5461:
5456:
5451:
5446:
5441:
5436:
5434:Gentrification
5431:
5426:
5421:
5415:
5413:
5409:
5408:
5406:
5405:
5400:
5395:
5390:
5385:
5380:
5375:
5373:Moving company
5370:
5365:
5360:
5355:
5350:
5345:
5340:
5334:
5332:
5328:
5327:
5325:
5324:
5319:
5314:
5309:
5304:
5299:
5294:
5289:
5284:
5279:
5274:
5269:
5264:
5259:
5254:
5249:
5243:
5241:
5235:
5234:
5232:
5231:
5226:
5221:
5216:
5211:
5206:
5205:
5204:
5194:
5189:
5188:
5187:
5177:
5172:
5167:
5162:
5157:
5155:Eminent domain
5152:
5147:
5142:
5137:
5132:
5127:
5125:Chain of title
5122:
5116:
5114:
5113:and regulation
5107:
5106:
5104:
5103:
5098:
5093:
5088:
5083:
5077:
5075:
5071:
5070:
5068:
5067:
5062:
5057:
5052:
5047:
5046:
5045:
5040:
5035:
5030:
5025:
5020:
5010:
5005:
5000:
4995:
4990:
4989:
4988:
4977:
4975:
4971:
4970:
4968:
4967:
4965:United Kingdom
4962:
4957:
4952:
4947:
4942:
4937:
4932:
4927:
4922:
4917:
4912:
4907:
4902:
4896:
4894:
4890:
4889:
4887:
4886:
4881:
4875:
4872:
4871:
4864:
4863:
4856:
4849:
4841:
4832:
4831:
4829:
4828:
4823:
4818:
4812:
4809:
4808:
4806:
4805:
4796:
4791:
4778:
4772:
4770:
4766:
4765:
4763:
4762:
4757:
4752:
4746:Car title loan
4743:
4738:
4723:
4721:
4715:
4714:
4712:
4711:
4706:
4701:
4699:Signature loan
4692:
4687:
4682:
4681:
4680:
4669:
4667:
4661:
4660:
4658:
4657:
4655:Credit history
4652:
4647:
4641:
4639:
4635:
4634:
4627:
4626:
4619:
4612:
4604:
4595:
4594:
4592:
4591:
4582:
4575:
4573:
4569:
4568:
4566:
4565:
4560:
4555:
4550:
4543:
4541:
4537:
4536:
4534:
4533:
4528:
4517:
4515:
4511:
4510:
4508:
4507:
4500:equity release
4497:
4488:
4479:
4465:
4454:
4452:
4451:Repayment type
4448:
4447:
4445:
4444:
4438:
4432:
4430:
4426:
4425:
4420:
4417:
4416:
4409:
4408:
4401:
4394:
4386:
4380:
4379:
4374:
4368:
4357:
4356:External links
4354:
4351:
4350:
4332:
4305:(5): 685–696.
4285:
4266:
4249:
4235:
4232:on 2012-10-15.
4221:
4195:
4181:
4156:
4134:
4108:
4081:
4074:
4068:. p. 42.
4056:United Nations
4047:
4015:
3983:
3976:
3946:
3907:
3902:Financial Post
3888:
3876:Financial Post
3862:
3836:
3833:. 11 May 2012.
3818:
3796:
3791:Financial Post
3777:
3755:
3737:
3719:
3707:
3695:
3682:
3670:
3650:
3637:
3625:
3590:
3571:
3547:
3533:
3507:
3494:
3470:
3455:
3454:
3452:
3449:
3448:
3447:
3441:
3438:Mechanics lien
3435:
3427:
3424:
3423:
3422:
3417:
3407:
3400:
3397:
3396:
3395:
3385:
3380:
3374:
3368:
3363:
3357:
3351:
3345:
3340:
3332:
3329:
3328:
3327:
3322:
3317:
3312:
3305:
3302:
3301:
3300:
3295:
3290:
3285:
3279:
3274:
3269:
3262:
3259:
3257:
3254:
3223:Main article:
3220:
3217:
3186:United Kingdom
3157:Main article:
3154:
3151:
3141:
3138:
3100:
3097:
3087:European Union
3050:
3047:
2980:Main article:
2977:
2976:United Kingdom
2974:
2922:
2919:
2909:promulgates a
2857:home ownership
2834:
2831:
2813:
2810:
2788:Main article:
2785:
2782:
2738:equity release
2736:are a form of
2682:
2679:
2669:
2666:
2653:(referring to
2633:Equity release
2628:
2625:
2616:equity release
2597:
2596:
2547:
2545:
2538:
2532:
2529:
2496:
2493:
2492:
2491:
2479:
2469:
2453:
2443:
2431:
2421:
2409:
2381:
2378:
2373:
2369:
2365:
2362:
2359:
2356:
2349:
2345:
2341:
2338:
2335:
2332:
2329:
2323:
2320:
2317:
2314:
2245:
2242:
2220:
2217:
2204:
2201:
2191:
2188:
2172:debt to income
2167:
2164:
2163:
2162:
2159:
2156:
2147:
2144:
2131:Main article:
2128:
2125:
2109:
2108:
2100:
2076:
2075:
2072:
2068:
2060:
2052:
2049:
2040:Main article:
2037:
2034:
2022:securitization
1990:
1989:
1983:
1973:
1963:
1957:
1954:
1928:
1922:
1915:home insurance
1904:
1836:
1833:
1831:
1828:
1825:
1824:
1822:
1821:
1814:
1807:
1799:
1796:
1795:
1794:
1793:
1788:
1783:
1778:
1773:
1771:Sustainability
1768:
1763:
1758:
1753:
1748:
1743:
1738:
1736:Financial risk
1733:
1728:
1723:
1718:
1713:
1708:
1703:
1698:
1690:
1689:
1683:
1682:
1681:
1680:
1675:
1670:
1665:
1660:
1655:
1650:
1645:
1640:
1635:
1630:
1625:
1620:
1615:
1610:
1605:
1600:
1595:
1594:
1593:
1588:
1583:
1578:
1573:
1563:
1558:
1553:
1548:
1543:
1538:
1533:
1531:Bond (finance)
1528:
1527:
1526:
1521:
1516:
1506:
1501:
1493:
1492:
1482:
1481:
1479:
1478:
1473:
1472:
1471:
1469:Social pension
1466:
1461:
1453:
1451:
1450:
1444:
1441:
1440:
1434:
1433:
1432:
1431:
1426:
1421:
1416:
1411:
1403:
1402:
1396:
1395:
1394:
1393:
1388:
1383:
1378:
1373:
1368:
1363:
1358:
1353:
1348:
1343:
1338:
1333:
1328:
1323:
1315:
1314:
1301:
1300:
1292:
1291:
1252:home ownership
1245:
1244:
1242:
1241:
1234:
1227:
1219:
1216:
1215:
1214:
1213:
1201:
1189:
1181:
1180:
1177:
1176:
1171:
1166:
1161:
1156:
1150:
1145:
1144:
1141:
1140:
1135:
1134:
1133:
1132:
1127:
1122:
1117:
1107:
1095:
1094:
1091:
1090:
1085:
1084:
1083:
1082:
1077:
1072:
1067:
1062:
1057:
1049:
1048:
1040:
1039:
1037:Lists of banks
1032:
1031:
1026:
1021:
1016:
1011:
1006:
1001:
995:
994:
989:
988:
985:
984:
979:
978:
977:
976:
971:
966:
964:
963:
958:
947:
945:
943:
942:
937:
931:
926:
925:
919:
918:
917:
916:
911:
909:
908:
906:Redistribution
903:
897:
895:
887:
886:
878:
873:
872:
869:
868:
865:
864:
862:
861:
856:
850:
848:
843:
838:
828:
823:
822:
819:
818:
813:
812:
811:
810:
805:
800:
795:
790:
781:
780:
774:
773:
772:
771:
766:
761:
756:
748:
747:
743:
742:
741:
740:
735:
730:
725:
720:
715:
710:
705:
700:
695:
687:
686:
680:
675:
674:
671:
670:
666:
665:
660:
655:
650:
645:
640:
633:
632:
626:
621:
611:
610:
609:
604:
599:
594:
589:
584:
579:
574:
569:
564:
554:
549:
544:
539:
533:
532:
527:
526:
523:
522:
517:
516:
515:
514:
509:
504:
496:
495:
489:
488:
487:
486:
481:
476:
475:
474:
464:
459:
454:
452:Angel investor
446:
445:
439:
438:
437:
436:
431:
426:
421:
419:Private equity
416:
409:
404:
399:
394:
389:
384:
379:
374:
369:
364:
356:
355:
347:
342:
341:
338:
337:
329:
328:
322:
321:
172:
166:
160:
154:
145:
144:
59:
57:
50:
26:
18:Mortgage loans
9:
6:
4:
3:
2:
5584:
5573:
5570:
5568:
5565:
5564:
5562:
5547:
5546:
5536:
5534:
5533:
5523:
5521:
5520:
5510:
5509:
5506:
5500:
5497:
5495:
5492:
5490:
5487:
5485:
5482:
5480:
5477:
5475:
5472:
5470:
5467:
5465:
5462:
5460:
5457:
5455:
5452:
5450:
5447:
5445:
5442:
5440:
5437:
5435:
5432:
5430:
5427:
5425:
5422:
5420:
5417:
5416:
5414:
5410:
5404:
5401:
5399:
5396:
5394:
5391:
5389:
5386:
5384:
5381:
5379:
5376:
5374:
5371:
5369:
5366:
5364:
5361:
5359:
5356:
5354:
5351:
5349:
5346:
5344:
5341:
5339:
5336:
5335:
5333:
5329:
5323:
5320:
5318:
5315:
5313:
5310:
5308:
5305:
5303:
5300:
5298:
5295:
5293:
5292:Mortgage loan
5290:
5288:
5285:
5283:
5280:
5278:
5275:
5273:
5270:
5268:
5265:
5263:
5260:
5258:
5255:
5253:
5250:
5248:
5245:
5244:
5242:
5240:and valuation
5236:
5230:
5227:
5225:
5224:Torrens title
5222:
5220:
5217:
5215:
5212:
5210:
5209:Real property
5207:
5203:
5200:
5199:
5198:
5195:
5193:
5190:
5186:
5183:
5182:
5181:
5178:
5176:
5173:
5171:
5168:
5166:
5163:
5161:
5158:
5156:
5153:
5151:
5148:
5146:
5143:
5141:
5138:
5136:
5133:
5131:
5128:
5126:
5123:
5121:
5118:
5117:
5115:
5112:
5108:
5102:
5099:
5097:
5094:
5092:
5089:
5087:
5084:
5082:
5079:
5078:
5076:
5072:
5066:
5063:
5061:
5058:
5056:
5053:
5051:
5048:
5044:
5041:
5039:
5038:Golf property
5036:
5034:
5031:
5029:
5026:
5024:
5021:
5019:
5016:
5015:
5014:
5011:
5009:
5006:
5004:
5001:
4999:
4996:
4994:
4991:
4987:
4984:
4983:
4982:
4979:
4978:
4976:
4972:
4966:
4963:
4961:
4958:
4956:
4953:
4951:
4948:
4946:
4943:
4941:
4938:
4936:
4933:
4931:
4928:
4926:
4923:
4921:
4918:
4916:
4913:
4911:
4908:
4906:
4903:
4901:
4898:
4897:
4895:
4891:
4885:
4882:
4880:
4877:
4876:
4873:
4869:
4862:
4857:
4855:
4850:
4848:
4843:
4842:
4839:
4827:
4824:
4822:
4819:
4817:
4814:
4813:
4810:
4804:
4800:
4797:
4795:
4792:
4790:
4786:
4782:
4779:
4777:
4776:Consolidation
4774:
4773:
4771:
4767:
4761:
4758:
4756:
4753:
4751:
4747:
4744:
4742:
4739:
4736:
4732:
4728:
4727:Mortgage loan
4725:
4724:
4722:
4720:
4716:
4710:
4707:
4705:
4702:
4700:
4696:
4695:Personal loan
4693:
4691:
4688:
4686:
4683:
4679:
4676:
4675:
4674:
4671:
4670:
4668:
4666:
4662:
4656:
4653:
4651:
4648:
4646:
4643:
4642:
4640:
4636:
4632:
4631:Consumer debt
4625:
4620:
4618:
4613:
4611:
4606:
4605:
4602:
4590:
4586:
4583:
4580:
4577:
4576:
4574:
4570:
4564:
4561:
4559:
4556:
4554:
4551:
4548:
4545:
4544:
4542:
4538:
4532:
4529:
4526:
4522:
4519:
4518:
4516:
4512:
4505:
4501:
4498:
4496:
4492:
4489:
4487:
4483:
4480:
4477:
4473:
4469:
4466:
4463:
4459:
4456:
4455:
4453:
4449:
4442:
4439:
4437:
4434:
4433:
4431:
4427:
4423:
4418:
4414:
4413:Mortgage loan
4407:
4402:
4400:
4395:
4393:
4388:
4387:
4384:
4378:
4375:
4372:
4369:
4367:
4363:
4360:
4359:
4346:
4342:
4336:
4328:
4324:
4320:
4316:
4312:
4308:
4304:
4300:
4296:
4289:
4281:
4277:
4270:
4259:
4253:
4245:
4239:
4228:
4224:
4222:92-1-116923-2
4218:
4214:
4207:
4206:
4199:
4191:
4185:
4166:
4160:
4144:
4138:
4122:
4118:
4112:
4096:
4092:
4085:
4077:
4071:
4067:
4063:
4062:
4057:
4051:
4035:
4031:
4030:The Telegraph
4026:
4019:
4003:
3999:
3998:The Telegraph
3994:
3987:
3979:
3973:
3969:
3968:
3963:
3957:
3955:
3953:
3951:
3943:. p. 49.
3942:
3941:
3936:
3930:
3928:
3926:
3924:
3922:
3920:
3918:
3916:
3914:
3912:
3903:
3899:
3892:
3877:
3873:
3866:
3851:
3847:
3840:
3832:
3828:
3822:
3806:
3800:
3792:
3788:
3781:
3773:
3766:
3759:
3751:
3747:
3741:
3733:
3729:
3723:
3717:. Fannie Mae.
3716:
3711:
3705:. Fannie Mae.
3704:
3699:
3692:
3686:
3679:
3674:
3667:
3663:
3654:
3647:
3641:
3634:
3629:
3621:
3608:
3600:
3594:
3586:
3582:
3575:
3561:
3557:
3551:
3543:
3537:
3521:
3517:
3511:
3504:
3498:
3491:
3486:
3485:
3480:
3474:
3466:
3460:
3456:
3445:
3442:
3439:
3436:
3433:
3430:
3429:
3426:Legal details
3421:
3418:
3415:
3411:
3408:
3406:
3403:
3402:
3399:Other nations
3393:
3389:
3386:
3384:
3381:
3378:
3375:
3372:
3369:
3367:
3364:
3361:
3358:
3355:
3352:
3349:
3346:
3344:
3341:
3338:
3335:
3334:
3326:
3323:
3321:
3318:
3316:
3313:
3311:
3308:
3307:
3299:
3296:
3294:
3291:
3289:
3286:
3283:
3280:
3278:
3275:
3273:
3270:
3268:
3265:
3264:
3253:
3249:
3245:
3243:
3239:
3235:
3231:
3226:
3216:
3214:
3209:
3207:
3202:
3200:
3195:
3192:) there is a
3191:
3187:
3182:
3180:
3176:
3172:
3168:
3165:
3160:
3150:
3146:
3137:
3135:
3131:
3130:
3125:
3121:
3118:
3117:Henry Paulson
3114:
3105:
3099:Recent trends
3096:
3093:
3088:
3083:
3081:
3077:
3073:
3069:
3064:
3063:
3058:(such as the
3057:
3056:covered bonds
3046:
3044:
3040:
3036:
3032:
3027:
3025:
3020:
3015:
3012:
3008:
3004:
3000:
2995:
2993:
2989:
2983:
2973:
2971:
2967:
2963:
2957:
2955:
2949:
2947:
2943:
2938:
2935:
2930:
2928:
2918:
2916:
2912:
2908:
2904:
2900:
2896:
2895:mortgage note
2891:
2889:
2885:
2881:
2877:
2872:
2870:
2866:
2862:
2858:
2854:
2850:
2844:
2840:
2833:United States
2830:
2827:
2826:Bausparkassen
2823:
2822:Bausparkassen
2819:
2809:
2805:
2802:
2797:
2791:
2781:
2779:
2775:
2771:
2770:blanket loans
2767:
2763:
2759:
2757:
2753:
2749:
2745:
2743:
2739:
2735:
2731:
2727:
2723:
2719:
2718:package loans
2714:
2712:
2708:
2705:is a form of
2704:
2700:
2696:
2691:
2687:
2678:
2675:
2665:
2663:
2658:
2656:
2652:
2648:
2644:
2639:
2634:
2624:
2620:
2617:
2611:
2607:
2604:
2593:
2590:
2582:
2572:
2568:
2564:
2558:
2557:
2553:
2548:This section
2546:
2542:
2537:
2536:
2528:
2524:
2522:
2518:
2514:
2510:
2506:
2502:
2495:Interest only
2477:
2470:
2467:
2451:
2444:
2429:
2422:
2407:
2400:
2399:
2398:
2395:
2379:
2376:
2371:
2363:
2360:
2357:
2347:
2339:
2336:
2333:
2327:
2321:
2318:
2315:
2312:
2304:
2302:
2298:
2294:
2289:
2287:
2281:
2279:
2275:
2271:
2267:
2263:
2259:
2258:
2253:
2252:
2241:
2238:
2234:
2225:
2216:
2214:
2213:currency risk
2210:
2200:
2196:
2187:
2184:
2180:
2177:
2176:credit scores
2173:
2160:
2157:
2154:
2153:
2152:
2143:
2139:
2134:
2124:
2122:
2118:
2114:
2106:
2101:
2097:
2096:
2095:
2093:
2089:
2088:floating rate
2085:
2081:
2073:
2069:
2066:
2061:
2058:
2057:
2056:
2048:
2043:
2033:
2031:
2025:
2023:
2019:
2015:
2011:
2006:
2003:
1999:
1994:
1987:
1984:
1981:
1977:
1974:
1971:
1967:
1964:
1961:
1958:
1955:
1952:
1951:loan servicer
1948:
1944:
1940:
1936:
1932:
1929:
1926:
1923:
1920:
1916:
1912:
1908:
1905:
1902:
1901:
1900:
1898:
1893:
1890:
1886:
1885:interest rate
1882:
1881:real property
1878:
1874:
1870:
1866:
1862:
1858:
1854:
1850:
1849:real property
1846:
1842:
1820:
1815:
1813:
1808:
1806:
1801:
1800:
1798:
1797:
1792:
1791:Watered stock
1789:
1787:
1784:
1782:
1779:
1777:
1774:
1772:
1769:
1767:
1764:
1762:
1759:
1757:
1754:
1752:
1751:Market impact
1749:
1747:
1744:
1742:
1739:
1737:
1734:
1732:
1729:
1727:
1724:
1722:
1719:
1717:
1714:
1712:
1709:
1707:
1704:
1702:
1699:
1697:
1696:Asset pricing
1694:
1693:
1692:
1691:
1685:
1684:
1679:
1676:
1674:
1671:
1669:
1666:
1664:
1661:
1659:
1656:
1654:
1651:
1649:
1646:
1644:
1641:
1639:
1636:
1634:
1631:
1629:
1626:
1624:
1621:
1619:
1616:
1614:
1611:
1609:
1606:
1604:
1601:
1599:
1596:
1592:
1589:
1587:
1584:
1582:
1579:
1577:
1574:
1572:
1569:
1568:
1567:
1564:
1562:
1559:
1557:
1554:
1552:
1549:
1547:
1544:
1542:
1539:
1537:
1534:
1532:
1529:
1525:
1522:
1520:
1517:
1515:
1512:
1511:
1510:
1507:
1505:
1502:
1500:
1497:
1496:
1495:
1494:
1491:
1487:
1484:
1483:
1477:
1474:
1470:
1467:
1465:
1462:
1460:
1457:
1456:
1455:
1454:
1449:
1446:
1445:
1443:
1442:
1439:
1436:
1435:
1430:
1427:
1425:
1422:
1420:
1417:
1415:
1412:
1410:
1407:
1406:
1405:
1404:
1401:
1398:
1397:
1392:
1389:
1387:
1384:
1382:
1379:
1377:
1374:
1372:
1369:
1367:
1364:
1362:
1359:
1357:
1354:
1352:
1349:
1347:
1344:
1342:
1339:
1337:
1334:
1332:
1329:
1327:
1324:
1322:
1319:
1318:
1317:
1316:
1313:
1310:
1306:
1303:
1302:
1298:
1294:
1293:
1290:
1287:
1286:
1277:
1273:
1269:
1265:
1260:
1256:
1253:
1240:
1235:
1233:
1228:
1226:
1221:
1220:
1218:
1217:
1212:
1202:
1200:
1195:
1190:
1188:
1185:
1184:
1183:
1182:
1175:
1172:
1170:
1167:
1165:
1162:
1160:
1157:
1155:
1152:
1151:
1148:
1143:
1142:
1131:
1128:
1126:
1123:
1121:
1118:
1116:
1113:
1112:
1111:
1110:
1105:
1104:Financial law
1102:
1098:
1093:
1092:
1081:
1078:
1076:
1073:
1071:
1068:
1066:
1063:
1061:
1060:Basel Accords
1058:
1056:
1053:
1052:
1051:
1050:
1047:
1044:
1043:
1038:
1035:
1034:
1030:
1027:
1025:
1022:
1020:
1017:
1015:
1012:
1010:
1007:
1005:
1002:
1000:
997:
996:
992:
987:
986:
975:
972:
970:
967:
962:
959:
956:
952:
949:
948:
946:
941:
938:
936:
933:
932:
930:
929:
928:
927:
924:
921:
920:
915:
912:
907:
904:
902:
899:
898:
896:
894:
891:
890:
889:
888:
885:
882:
881:
876:
871:
870:
860:
857:
855:
852:
851:
849:
847:
844:
842:
839:
837:
833:
830:
829:
826:
821:
820:
809:
806:
804:
801:
799:
798:Tax inversion
796:
794:
791:
788:
785:
784:
783:
782:
779:
776:
775:
770:
767:
765:
762:
760:
757:
755:
752:
751:
750:
749:
745:
744:
739:
736:
734:
731:
729:
726:
724:
721:
719:
716:
714:
711:
709:
706:
704:
701:
699:
696:
694:
691:
690:
689:
688:
684:
683:
678:
673:
672:
664:
663:Synthetic CDO
661:
659:
656:
654:
651:
649:
646:
644:
641:
639:
636:
635:
630:
627:
625:
622:
620:
616:
613:
612:
608:
605:
603:
600:
598:
595:
593:
590:
588:
585:
583:
580:
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5363:Land banking
5348:Buyer broker
5322:Rental value
5145:Conveyancing
4955:Saudi Arabia
4803:Repossession
4801: /
4787: /
4783: /
4750:Logbook loan
4748: /
4729: /
4697: /
4678:cash advance
4638:Key concepts
4589:Repossession
4572:Key concepts
4490:
4482:No repayment
4481:
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4227:the original
4204:
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4159:
4147:. Retrieved
4137:
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4121:FSA web site
4120:
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3242:repossession
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3124:George Soros
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2793:
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2730:equity loans
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2671:
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1838:
1716:Credit union
1613:Growth stock
1591:independence
1351:Student loan
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1100:
1029:Money supply
1014:Full-reserve
999:Central bank
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372:Asset growth
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64:verification
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5489:Urban decay
5343:Buyer agent
5165:Foreclosure
5160:Encumbrance
5033:Arable land
4945:Puerto Rico
4893:By location
4868:Real estate
4799:Foreclosure
4735:credit line
4709:Microcredit
4704:Moneylender
4690:Payday loan
4585:Foreclosure
4174:30 November
3881:October 30,
3855:October 30,
3293:Refinancing
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3113:US Treasury
3085:Within the
3062:Pfandbriefe
3003:securitized
2790:Foreclosure
2655:home equity
2466:Annual Rate
2105:yield curve
2016:or issuing
1966:Foreclosure
1865:encumbrance
1711:Cooperative
1673:Stockbroker
1663:Speculation
1648:Market risk
1376:Refinancing
1366:Payday loan
1346:Rent-to-own
1336:Credit card
1331:Charge card
567:Credit line
529:Instruments
424:Real estate
387:Derivatives
272:Middle Ages
252:foreclosure
5561:Categories
5444:Green belt
5317:Remortgage
5101:Relocation
4900:Bangladesh
4789:Settlement
4769:Management
4760:Pawnbroker
4741:Remortgage
4547:buy to let
4458:Continuous
4373:at USA.gov
4101:6 February
3807:. CBC News
3616:|web=
3565:2009-01-30
3526:9 December
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1986:Redemption
1976:Completion
1861:collateral
1845:fee simple
1514:allocation
1490:investment
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484:Speculator
316:Part of a
264:Law French
185:or simply
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4215:. 2005.
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4002:Archived
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3850:CBC News
3811:18 March
3648:. p. 371
3607:cite web
3410:Hypothec
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3171:interest
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3068:deposits
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1907:Mortgage
1889:amortize
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1869:easement
1857:security
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