Developer - Law Dictionary Search Results
interest rate swap
specified period of time, generally based on a notional principal amount. Source: U.S. Department of Housing and Urban Development
intermediate term mortgage
the time of purchase equal to or less than 20 years. Source: U.S. Department of Housing and Urban Development
intervention
his or her own interest in the subject matter of the suit compare impleader, interpleader, joinder NOTE: Intervention developed as a procedure in equity courts. There is some overlap between joinder and intervention because of the merger
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joint tenancy (with rights of survivorship)
cannot be willed to someone who is not a joint owner. Source: U.S. Department of Housing and Urban Development
jumbo loan
Mac and Fannie Mae loans are referred to as conforming loans. Source: U.S. Department of Housing and Urban Development
hazard insurance
that is secured by the payment of a regularly scheduled premium. Source: U.S. Department of Housing and Urban Development
fsbo (for sale by owner)
by the owner without the benefit of a real estate professional. Source: U.S. Department of Housing and Urban Development
gse
for farmers and homeowners. Examples include Fannie Mae and Freddie Mac. Source: U.S. Department of Housing and Urban Development
fha
make loans to borrowers who might not qualify for conventional mortgages. Source: U.S. Department of Housing and Urban Development
escrow account
for such expenses as property taxes, homeowners insurance, mortgage insurance, etc. Source: U.S. Department of Housing and Urban Development
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