LATEST STORIES
First Mortgage
In real estate finance, a First Mortgage is a mortgage that has priority over all other voluntary liens on a property. This priority generally means that the first mortgage must be paid off before any subordinate mortgages or liens if the property is sold or...
Band of Investment
A band of investment is used in real estate valuation, most often used in commercial appraisal. A...
Balloon Note, Balloon Mortgage
A note calling for periodic payments which are insufficient to fully amortize the loan, so that a...
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HUD
HOUSING & URBAN DEVELOPMENT
HUD
(Department of Housing and Urban Development)
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