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  2. Rate (company) - Wikipedia

    en.wikipedia.org/wiki/Rate_(company)

    Guaranteed Rate Companies, doing business as Rate, is an American residential mortgage company headquartered in Chicago, Illinois. [2] Founded in 2000 by Victor Ciardelli, the company had $55 billion in funded volume in 2022, down 25% since 2020. [ 3 ]

  3. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    With a guaranteed mortgage, the third party guarantees, or agrees to be responsible for, some or all of the loan if the borrower defaults. The guarantor might extend the guarantee to all or a ...

  4. Mortgage assumption - Wikipedia

    en.wikipedia.org/wiki/Mortgage_assumption

    All mortgages are potentially assumable, though lenders may attempt to prevent the assumption of a mortgage loan with a due-on-sale clause. Certain mortgage types are irrefutably assumable, such as those insured by the FHA, guaranteed by the VA, or guaranteed by the USDA. As of 2014, FHA and VA assumable mortgages make up approximately 18%, or ...

  5. What is an acceleration clause? And what triggers it? - AOL

    www.aol.com/finance/acceleration-clause-triggers...

    An acceleration clause is a section of a mortgage contract that can have big consequences: Namely, it can require you to pay off your entire mortgage at once. Even if you miss only one payment.

  6. Garn–St. Germain Depository Institutions Act - Wikipedia

    en.wikipedia.org/wiki/Garn–St._Germain...

    The Garn–St Germain Depository Institutions Act of 1982 (Pub. L. 97–320, H.R. 6267, enacted October 15, 1982) is an Act of Congress that deregulated savings and loan associations and allowed banks to provide adjustable-rate mortgage loans.

  7. What is a mortgagee clause? - AOL

    www.aol.com/finance/mortgagee-clause-190100413.html

    Key takeaways. Many mortgage lenders require borrowers to have a homeowners insurance policy with a mortgagee clause. The mortgagee clause is a provision that protects the lender from financial ...

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