A wet loan is a mortgage in which the funds are disbursed at the time of or shortly after submitting the loan application.
Learn about wrap-around loans, a unique form of owner financing, their workings, and potential risks.
A Wraparound Mortgage is a financing method that allows sellers to keep their original mortgage while adding a new loan to facilitate a property sale.
Yield Maintenance: Prepayment penalties designed to comfort lenders and dissuade borrowers from early repayments.
A humorous yet informative guide to understanding Yield Spread Premiums in the mortgage world.
Understanding the Abandoned Home: a Zombie Foreclosure
