Mortgage Pool

Mortgage Pool – David Reecher A collection of loans of similar nature, which are sold as a unit in he secondary, market or used to back a security, which is then sold in the capital markets.... Read More

Mortgage Discount

Mortgage Discount – David Reecher One-time charge assessed by a bank or other financial institution at the closing of buying real estate. One discount point translates to 1% of the initial mortg... Read More