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2. Deed of reconveyance: What it is and how it works - AOL

   www.aol.com/finance/deed-reconveyance-works...

   In California, the deed of reconveyance is known as a full reconveyance form. “This document is called a mortgage satisfaction or deed of reconveyance depending on the state,” says Megan ...

3. Accord and satisfaction - Wikipedia

   en.wikipedia.org/wiki/Accord_and_satisfaction

   Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.

4. What is a mortgage proof of funds letter? - AOL

   www.aol.com/finance/mortgage-proof-funds-letter...

   Before you can get a mortgage, you will need a mortgage preapproval letter. This is a document from a mortgage lender showing a proposed loan amount for a given borrower. While a preapproval ...

5. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   A deed of trust has a crucial advantage over a mortgage from the lender's point of view. If the borrower defaults on the loan, the trustee has the power to foreclose on the property on behalf of the beneficiary. In most U.S. states, a deed of trust (but not a mortgage) can contain a special "power of sale" clause that permits the trustee to ...

6. Bank of America Home Loans - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America_Home_Loans

   Bank of America Home Loans is the mortgage unit of Bank of America.It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion.

7. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   Sample letter of explanation While the exact content of your letter depends on your circumstances, you can use this sample letter of explanation to a mortgage lender as a template: Date

8. Stated income loan - Wikipedia

   en.wikipedia.org/wiki/Stated_income_loan

   A stated income loan is a mortgage where the lender does not verify the borrower's income by looking at their pay stubs, W-2 (employee income) forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at their word.

9. AOL - Finance News & Latest Business Headlines - AOL.com

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   Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.