Glossary of Real Estate Industry Terms » Mortgage Masters Group

Brett Ersoff and John Herman, who joined UBS in mid-2011 along with Cohen, are taking over as co-heads of real estate finance and mortgage. Group AG. Almost $22 billion of the debt has been sold.

Real Estate For Beginners The Glossary of Real Estate Industry Terms is a publication of the National Association of Hispanic Real Estate Professionals. In a recent NAHREP survey, top producing latino agents and loan officers indicated that 40 percent of their transactions make use of Spanish at some point in the transaction and as much as 25 percent of all transactions utilize Spanish exclusively as the means of communication.

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A mortgage covering at least two pieces of real estate as security for the same mortgage. This provides greater security for the Lender. It may be possible to get a "partial" release so the Borrower can sell one of the properties provided a suitable principal reduction is made.

GLOSSARY OF REAL ESTATE TERMS .. Master Plan -A long term plan created by the Planning Board. Clause – A clause which permits the placing of a mortgage at a later date which takes priority over an existing mortgage. Sub-Prime Loans-An industry term used to describe loans with less.

“This transaction significantly strengthens PMT’s liquidity profile by providing long-term financing from a broad group of institutional investors at attractive economic terms. PennyMac Mortgage.

Single mortgage that covers more than one real property, i.e. – a house plus the. In such a market, the buyer can typically negotiate more favorable prices and terms. Master deed.. A real estate broker or agent who is a member of the National Association of Realtors, a professional real estate group that subscribes to a.

real estate owned (REO) Other real estate owned by the borrower (such as an investment property). reciprocal easement The right of unit owners in different phases of an overall condo development to use the roads, parking areas, etc., in other phases of the development, through the creation of cross-easements.

Start studying Modern Real Estate Practice 19th Edition: Glossary of Terms. Learn vocabulary, terms, and more with flashcards, games, and other study tools.