Residential Mortgage Lending: Principles and Practices this question feed

asked by geo on November 2, 2006 8:07 PM
Designed for both employees of mortgage lenders and individuals studying real estate finance, Residential Mortgage Lending: Principles and Practices provides an overview of mortgage banking and outlines strategies that mortgage bankers can utilize to compete successfully in today?s competitive business environment. While clearly explaining the fundamentals in an easy-to-understand manner, this edition has a new emphasis on the practical applications of residential mortgage lending making it an excellent resource for learning mortgage banking operations. No prior knowledge of finance or any part of mortgage lending is required.


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I recommend this book to all those who want to get familiar with the U.S. Mortgage/Residential Lending industry. This book provides a good historical perspective of the industry and its development in the U.S., and explains the mortgage process from soup-to-nuts - right from the application stage to the servicing and default management stage. As an industry professional, I have benefited a lot from reading this book. I have also recommended it to many friends and associates who have benefited a lot as well. The most appealing aspects of this book are that it is comprehensive, simple-to-read, and interesting.
reviewed by jbritt on November 13, 2006 7:38 PM

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This is a must read and good reference book for mortgage professionals, including lenders and practitioners in secondary mortgage business. The book gives excellent review of the development of residential lending in US, of government regulations, major market players, and important product types. Then the book gets to the details of mortgage lending processes and also touches the secondary markets. Readers can definitely gain valuable and practical knowledge on residential lending business after walk through the book.
reviewed by advisor on November 19, 2006 5:05 AM

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