University of Southern Indiana | USI | Bachelor, Master ...
Securitization= process by which mortgages are typically sold as part of pool of similar mortgages. ... Reverse Mortgage= over certain age, bank sends old ppl check every month; get to foreclose on the house when you die (good if have no income but home equity) ... Pros: preserve right to DJ. Cons: slow, expensive, statutory right of redemption ... ................
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