Real Estate-Backed Securities

Real Estate-Backed Securities

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The origination process involved in these loans focuses on credit rather than property value. ... to tighten the credit restrictions on this program and began making home improvement and debt consolidation loans to creditworthy borrowers. ... K Pa v mem Prc-Tw Terms Payment Terms Credit card debt Used car loan $20.000 S5.000 20% 3 Yr. l5%/4Yr $743.31 $139.15 0 0 $26, 750* 0 0 125 LTV 2nd ring.

Title:Real Estate-Backed Securities
Author:Frank J. Fabozzi, John N. Dunlevy
Publisher:John Wiley & Sons - 2001-07-02


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