mortgage

Securitization in a process in which income streams from various assets are pooled together, then sold off in slices to investors. Collateralized mortgage obligations (CMOs) are securitized products designed to generate returns above…

Mortgages can be legally tricky when a borrower dies. Not only do laws differ from state to state, there are often rules involving "homesteads" that grant certain privileges to widows and widowers. Finding out about your rights as they…

A reverted clause (aka reversionary clause) in a mortgage is a clause containing language that sets up the process whereby legal title is given (reverts) to the borrower once all payments have been made. The lien on the property that was…