An Interest Carry Reserve Requirement is a lender-mandated set-aside of loan funds used to cover interest...
Indirect loan origination is a lending process where loans are arranged through a third party, typically...
An identity of interest transaction is a financial deal between parties who share a close relationship,...
Gated communities can affect mortgage lending risk due to the financial and legal health of their Homeowners...
Freddie Mac Loan Prospector (LP) is an automated underwriting system that helps lenders quickly evaluate...
The Freddie Mac Exclusionary List is a confidential list of individuals and firms barred from participating...
A forward commitment agreement is a contract to buy or sell a financial asset, such as a mortgage, at...
Form SSA-89 Authorization is a government form that lets lenders verify your Social Security number with...
FNMA self-employed income guidelines guide lenders in evaluating tax returns and business financials...
A Loan-Level Price Adjustment (LLPA) is a risk-based fee applied by Fannie Mae to conventional loans,...