Residential Mortgage Lending: Principles and Practices » (6th Edition)

Marshall W. Dennis is president of REMOC ASSOCIATES, LTD. Dennis has been involved in training federal and state bank and credit union examiners since 1986 and has assisted in the development of residential mortgage lending guides for examiners. He has also been the primary real estate instructor at the National School of Banking since 1985. Dennis is an attorney and former real estate professor. He has been an adjunct professor of real estate finance at many universities. Dennis is also an internationally known expert on mortgage lending and has been retained by the U. S. Agency for International Development to assist foreign governments in establishing housing finance systems.

Thomas J. Pinkowish is an accomplished third-party underwriter of mortgage loans for many different classifications of mortgage lenders and is the director of the Community Lending Institute. His mortgage lending experience is extensive and includes running the loan administration department of a savings bank. Tom worked on the chapters covering processing, underwriting, appraisal, mortgage insurance and construction lending.

This textbook outlines the process of originating and underwriting a residential mortgage loan, characterizes the mortgage market, and overviews real estate law. The fifth edition adds chapters on private mortgage insurance, compliance, construction lending, and equity lending. Annotation ©2003 Book News, Inc., Portland, OR

Preface Acknowledgements
1.History of Mortgage Lending
2.The Role of Residential Mortgage Lending in the Economy
3.The Mortgage Lenders
4.Strategies for Generating Residential Loans
5.Mortgage Instruments
6.Residential Mortgage Loan Origination and Processing
7.Underwriting the Residential Mortgage Loan
8.Government Insurance and Guaranty Programs
9.Private Mortgage Insurance
10.Selling Residential Mortgage Loans
11.Secondary Mortgage Market
12.Residential Real Estate Appraisal
13.Closing the Residential Loan
14.Mortgage Loan Servicing and Administration
15.Real Estate Law and Security Instruments
16.Compliance
17.Construction Lending
18.Equity Lending Glossary: Real Estate and Mortgage Lending Terms
Index