Mortgage Correspondent

Involves monthly payments for property taxes and insurance, besides principal and interest. The tax and insurance payments are put into an impound account. For a residential mortgage this ...

See before-tax cash flow; cash flow. ...

The term’s balance sheet definition can be described as a financial statement that a company uses to report its liabilities, assets, and shareholders’ equity at a given time. A ...

Obligation taken on by a person who did not obtain it originally, but agrees to honor the terms of the existing obligation as a condition for the transaction. By assuming the loan rather ...

Individual who has the initiative to star an enterprise. The entrepreneur usually hires people to work for him. ...

Unimproved property. It has no utilities, sewers, streets, or structures and usually must be cleared. ...

Expenditures incurred to initially purchase property, including incidental costs necessary to put the property into existing use and location. This cost is then depreciated over the assets ...

Items of real and personal property that usually have a long life, such as housing and other real estate. ...

Before moving to a new city, there are a number of questions that any responsible adult will ask before they even think about putting pen to paper and finalizing their decision. Things like ...

Charlotte in North Carolina has the largest population in the state. According to the 2021 census, approximately 2,132,000 residents were living in Charlotte’s current metro area. In ...

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If you never heard of Bluffton SC you should know that it is considered to be one of the best Lowcountry towns in South Carolina. Located in Beaufort County between Hilton Head Island and ...

If you’re planning to move to the city of Huntersville, you’re probably doing your research to find out as much as you can about the city before you make the decision. ...

For those who plan on moving to a new town, researching ahead of time is an important part of the decision making process. If you’re planning on moving to Knoxville, you’ve no ...

Looking at the real estate market trends of a city like Foley, AL, for whatever reason, buying or selling, will give you a surprise. Whether the surprise is good or bad depends on whether ...

Located in southwest Florida, the city of Bonita Springs is one of the many coastal towns that cover the long stretch of sand in that part of the Sunshine state. Known for its pristine ...