Chapter 14 Vocabulary Mortgage,Finance Flashcards by Anita Morris

Q

Acceleration Clause

A

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Q

Adjustable Rate Mortgage

A

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Q

Alienation Clause

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Q

Amortization

A

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Q

Assignment of Mortgage

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Q

Assumption of Mortgage

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Q

Balloon Mortgage

A

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Q

Blanket Mortgage

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Q

Bridge Loan

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Q

Construction Mortgage

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Q

Conventional Mortgage

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Q

C.R.V

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Q

Defeasance Clause

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Q

Deficiency Judgement

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Q

Discount Points

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Q

Due on Sale Clause

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Q

Federal Home Loan Mortgage Corporation

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Q

Federal National Mortgage Assn (association?)

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Q

FHA Insured Loan

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Q

Government National Mortgage Assn

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Q

Graduated Payment Mortgage (GPM)

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Q

Hypothecate

A

Q

Imputed Interest

A

Q

Institutional Lender

A

Q

Junior Mortgage

A

Q

Land Contract

A

Q

Loan to Value Ratio

A

Q

Mortgage

A

Q

Mortgage Banker

A

Q

Mortgage Broker

A

Q

Mortgage Insurance Premium (MIP)

A

Q

Mortgagee

A

Q

Mortgagor

A

Q

Novation

A

Q

Open End Mortgage

A

Q

Package Mortgage

A

Q

Predatory Lending

A

Q

Prepayment

A

Q

Primary Mortgage Market

A

Q

Principal

A

Q

Private Mortgage Insurance

A

Q

Promissory Note

A

Q

Purchase Money Mortgage

A

Q

Redlining

A

Q

Release Clause

A

Q

Release of Mortgage

A

Q

Reverse Annuity Mortgage (RAM)

A

Q

Satisfaction Piece

A

Q

Second Mortgage

A

Q

Secondary Mortgage Market

A

Q

Subordination Clause

A

Q

Usary

A

Q

VA Guaranteed Mortgage

A

Q

Wraparound Mortgage

A