participating mortgage

participating mortgage

An older term that is still sometimes encountered; it is a mortgage in which the lender takes a share of the profits during operations and on the sale of the property.Today, this would most frequently be called mezzanine financing.

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THE Help to Buy Mortgage Guarantee schemes can be taken out by any purchaser of both new build or second-hand properties, through one of the participating mortgage providers (e.
Eligible homebuyers can apply directly through an approved participating mortgage lender in their area.
real estate through a hybrid debt and equity structure using participating mortgage debt.
Expect more mortgage technology certification specifications to come from MISMO[R]--the not-for-profit subsidiary of the Mortgage Bankers Association (MBA)--and the list of participating mortgage companies completing MISMO certifications to increase, noted MISMO officials.
The American Institute of CPAs accounting standards executive committee has issued a Statement of Position, Accounting by Participating Mortgage Loan Borrowers, which is the culmination of a project originating with the AICPA real estate committee in 1979.
The ratings under review are senior unsecured obligations at Aa1, secured bonds at Aa1 and participating mortgage certificates at Aaa.
The individual prepared a suitability review of investment in a participating mortgage loan in which the plan invested $250,000.
Nonetheless, a well-structured participating mortgage can maximize overall yield without exposing the mortgagee to inordinate risk.
Fifty-one of the participating mortgage servicers, including Bank of America, Chase, GMAC and Wells Fargo, participate in the Principal Reduction Program.
Eligible homebuyers may apply directly through an approved participating mortgage lender in their area.
As part of a continued effort to improve servicer performance, the Administration just hosted a summit with representatives from participating mortgage servicing companies to discuss ways to move qualified homeowners into permanent modifications, improve homeowners' HAMP experience, quickly implement the Second Lien Modification Program and Home Affordable Foreclosure Alternatives, and maintain the pace of new trial modification starts.
The Peer Group Survey and Roundtables are a joint project of MBA and The STRATMOR Group, the objectives of which are: to create a means for participating mortgage banking companies to review their financial results in relation to their peers at semiannual intervals; to offer timely data that will allow quick responses to changing business environments; to analyze the factors that drive mortgage business performance; and to provide participants with a forum to discuss financial results through roundtable meetings at an off-site location.

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