A Satisfaction of Mortgage is a legal document confirming that your mortgage loan is fully paid and officially...
Regulation Z is a federal rule that requires lenders to provide clear, detailed information about credit...
Refinancing lets you replace an existing loan with a new one under different terms, potentially saving...
Redlining is a historic practice where lenders denied or limited loans to neighborhoods based on racial...
Discount points, also called mortgage points, are prepaid fees paid at closing to reduce your mortgage...
Zombie debt refers to old debts that are past the statute of limitations for legal collection but are...
Simple interest is a basic method of calculating interest on a principal amount over time, commonly used...
A Reverse Annuity Mortgage (RAM) lets homeowners convert home equity into monthly income without selling...
A piggyback loan is a second mortgage used alongside a primary mortgage to avoid private mortgage insurance,...
A novation is a legal contract process where one party or obligation is replaced with a new one, creating...