enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. A co-signer takes on all the rights and responsibilities of a loan along with the borrower. This means that if the borrower can’t make a payment on the loan, the co-signer is responsible.

  3. Should you add a co-borrower to your mortgage? - AOL

    www.aol.com/finance/add-co-borrower-mortgage...

    A co-borrower on a mortgage shares ownership of the property and responsibility for making mortgage payments. Adding a co-borrower to a mortgage can increase your chances of approval, get you a ...

  4. Before Co-Signing a Mortgage, Consider These 6 Possible Pitfalls

    www.aol.com/news/2013-04-15-co-signing-mortgage.html

    When you co-sign to help somebody else qualify for a mortgage, the relationship between you and the primary borrower taking out the loan doesn't matter, as long as it's fully explained and documented.

  5. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [1]

  6. Should you use a cosigner to get a loan? The pros and cons - AOL

    www.aol.com/finance/cosigner-loan-pros-cons...

    “If you’re considering using a co-borrower or cosigner to qualify for a loan, be sure to confirm upfront with the lender which term applies,” says Barry Rafferty, senior vice president of ...

  7. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    This was the mortgage by conveyance (aka mortgage in fee) or, when written, the mortgage by charter and reconveyance [8] and took the form of a feoffment, bargain and sale, or lease and release. Since the lender did not necessarily enter into possession, had rights of action, and covenanted a right of reversion on the borrower, the mortgage was ...

  8. Loan servicing - Wikipedia

    en.wikipedia.org/wiki/Loan_servicing

    Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

  9. The Differences Between Co-Borrowers and Co-Signers - AOL

    www.aol.com/news/differences-between-co...

    A lender accounts for the co-borrower's or co-signer's credit and income when evaluating you for a loan. If you're applying for a loan but struggling to qualify, you might want help from a co ...