mortgage loan

(redirected from Consumer mortgage)
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Synonyms for mortgage loan

a loan on real estate that is usually secured by a mortgage

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Green Tree has been servicing consumer mortgage loans for more than 30 years.
Urging Congress to pass the Consumer Mortgage Choice Act, Louser said, "If we are able to get this right, the market will continue its recovery and move toward stability.
Provides an excellent platform upon which to develop dynamic and effective defenses, to turn the tables of lenders and /or their legal counsel regarding consumer mortgage defense.
He warned that such agreements drive professional appraisers further from consumer mortgage lending valuation services.
Meanwhile, Congress has shifted responsibility for GFEs and other consumer mortgage disclosure issues to the new Consumer Financial Protection Bureau, which is scheduled to spring to life in July.
NEW YORK: General Electric's finance unit, GE Capital, agreed to sell its Mexican consumer mortgage division to Santander of Spain for two billion pesos, or $162 million, part of the industrial giant's strategy to sell off noncore financial assets.
This compares with a regular consumer mortgage which covers a maximum of Dh10 million worth of property and an LTV of up to 75 per cent.
He added that developers will benefit in 2009 from growth in consumer mortgage lending and a government-backed drive to replace slums with cheap affordable apartments.
Consumer mortgage lender Greenlight Financial Services, based in Irvine, Calif., has launched a program that rewards customers who follow green building principles.
Bob Ney, R-Ohio, and Ken Lucas, D-Ky., introduced the Ney-Lucas Responsible Lending Act of 2003, which would create a Consumer Mortgage Protection Board within the Department of Housing and Urban Development.
It also backs the Consumer Mortgage Protection Act of 2000, a proposed measure that would force lenders to make fuller disclosures of their high interest rates and multiple fees.
The unit creates daily surveys of deposits, consumer mortgage and business loans, and indirect loans.
While consumer mortgage and revolving debt nearly tripled in the 1980s, from $1.4 trillion to $4.1 trillion, the sum total of household assets--stocks, bonds, money funds, residential property and pension investments--doubled from $12 to $24 trillion during the same period.
Includes support from the Mortgage Bankers Association, American Land Title Association, National Association of Mortgage Brokers, National Association of Home Builders, National Association of Federally-Insured Credit Unions, Credit Union National Association, Community Home Lenders Association, Community Mortgage Lenders Association, ACA International, Consumer Mortgage Coalition, and Manufactured Housing Institute.
The transaction is part of the ongoing reduction of HSBC's US consumer mortgage loan business and is in line with HSBC's strategy to sell substantially all of HSBC Finance Corp.'s residential mortgage loans.
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