LATEST STORIES
Mortgage Life Insurance
In real estate finance, mortgage life insurance is a form of term life insurance written in an amount equal to the declining balance of a loan secured by a mortgage or deed of trust. As the loan balance is reduced over time, the amount of insurance coverage decreases...
Undue Influence
In real estate and contract law, undue influence refers to the improper use of a fiduciary or confidential relationship to gain an unfair or fraudulent advantage over another person. It typically involves taking advantage of someone’s weakness, distress, or...
Undivided Interest
In real estate law, an undivided interest is a partial ownership interest held by two or more persons in the same property. Each owner has the right to use and possess the entire property, even though their ownership shares may be equal or unequal. An undivided...
Underwriting
In real estate and finance, underwriting refers to the process of evaluating and assuming financial risk in connection with a loan or insurance policy. It involves analyzing the qualifications of a borrower, the value of the property, and other relevant factors before...
Underwriter
In real estate and insurance practice, an underwriter is a person or entity that assumes the risk of insuring another. The underwriter evaluates risk and agrees to provide insurance coverage in exchange for a premium. For example, a smaller title company may issue...
Underlying Financing
In real estate finance, underlying financing refers to an existing mortgage, deed of trust, or contract that remains in place when new security instruments are created on the same property. It represents prior financing that has not been paid off or replaced....
Truth in Lending
In real estate finance and consumer credit law, Truth in Lending refers to federal statutes and regulations, including Regulation Z, that are designed to ensure that prospective borrowers and credit purchasers receive clear and accurate information about the cost of...
Trustor
In real estate finance, a trustor is the borrower under a deed of trust. The trustor conveys legal title to the property to a trustee as security for the repayment of a loan to the beneficiary, or lender. Although title is transferred to the trustee for security...
Trustee’s Deed
In real estate law, a trustee’s deed is a deed issued by a trustee under a deed of trust following a foreclosure sale. It conveys title to the purchaser who acquires the property at the foreclosure auction. A trustee’s deed transfers whatever interest the trustor had...
Trustee
In real estate finance, a trustee is a person or entity that holds legal title to real property under the terms of a deed of trust. The trustee acts as a neutral third party between the borrower and the lender. The trustee’s primary duties include holding title as...
Trust Deed
In real estate finance, a trust deed, also known as a deed of trust, is a security instrument used in many states in place of a mortgage. It involves three parties: the borrower, called the trustor, the lender, called the beneficiary, and a neutral third party known...
HUD
HOUSING & URBAN DEVELOPMENT
HUD
(Department of Housing and Urban Development)
Stay Up to Date with the Latest Stories, News & Updates from OnlineEd
Why Use OnlineEd?
Thousands of real estate professionals turn to us for their continuing education.
Follow Us
Keep updated on Real Estate related matters on our social media platforms: