Mortgages

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Jumbo mortgages - A jumbo mortgage is a residential property mortgage which is at high risk of default when drawn down. This means that before any personal economic shocks, such as unemployment, death, disability, divorce or the arrival of babies, the sum borrowed compared to the ability to repay is very large by historical measures.

Foreign currency mortgage - A Foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.

Federal Home Loan Mortgage Corporation - The Federal Home Loan Mortgage Corporation ("Freddie Mac") is a stockholder-owned, publicly-traded company chartered by the United States federal government in 1970 to purchase mortgages and related securities, and then issue securities and bonds in financial markets backed by those mortgages in secondary markets. Freddie Mac, like its competitor Fannie Mae is regulated by the Office of Federal Housing Enterprise Oversight (OFHEO) in the United States Department of Housing and Urban Development.

Federal National Mortgage Association - The federal government of the United States created the Federal National Mortgage Association (FNMA) (), commonly known as Fannie Mae, in 1938 to establish a secondary market for mortgages insured by the Federal Housing Administration (FHA). Fannie Mae buys mortgages on the secondary market, pools them and sells them as mortgage-backed securities to investors on the open market.

Suggested Web Sites

Statewide Mortgage Assistance - Mortgage broker providing mortgages refinance, mortgage refinancing, debt consolidation, debt negotiation, and second mortgages.

Safe Home Mortgages - Specialist mortgage brokers. They arrange mortgages, re-mortgages, second mortgages,flexible mortgages and endowment shortfalls.

1st Illinois Mortgage - Offers a full line of home mortgage loans for the Illinois homeowner or first time buyer. Mortgage rates, mortgage calculators, online applications.

Source: BazSites.com

Web Links

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Mortgage Quote - Mortgage Quote The Wise Consumer's Guide to Saving Money This ... thing: Money. How to save it, keep it, earn it mortgage quote and invest it. Canadian consumers are focused on spending mortgage quote and managing what money they do have wisely, ...

Mortgage Quote - Mortgage Quote The Wise Consumer's Guide to Saving Money This ... thing: Money. How to save it, keep it, earn it mortgage quote and invest it. Canadian consumers are focused on spending mortgage quote and managing what money they do have wisely, ...

Mortgage Quote - Mortgage Quote The Wise Consumer's Guide to Saving Money This ... thing: Money. How to save it, keep it, earn it mortgage quote and invest it. Canadian consumers are focused on spending mortgage quote and managing what money they do have wisely, ...

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