Mortgage Lending traces significant changes in the mortgage lending business as the real estate markets and sources of financing have changed over the last 60 years. No prior experience with mortgage lending is required to understand this textbook. Included are chapters on: The Mortgage Market; Types of Loans; The Real Property Contract and Escrow; The Lending Process; Title Insurance; Closing and Property Transfers; Real Estate Economics; FHA and VA Lending; Mortgage Brokers and Wholesale Lending; Financial and Mathematical Concepts of Mortgage Lending; Regulatory Compliance; Ethics in Mortgage Lending; and Mortgage Lending in California.
