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mortgage advice

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  • Certificate in Mortgage Advice and Practice (CeMAP) — Certificate in Mortgage Advice and Practice (CeMAP ®) refers to the financial advice exam held by 80% of mortgage advisors in the UK [ [http://www.ifslearning.ac.uk/qualifications/courses/cemap.cfm CeMAP Courses] ] and is hence considered the… …   Wikipedia

  • Certificate in Mortgage Advice and Practice — (CeMAP) refers to the financial advice exam held by 80% of mortgage advisors in the UK[1] and is hence considered the benchmark exam for the mortgage advice industry. To attain this certification, a candidate must pass a series of three… …   Wikipedia

  • Mortgage repossession — In the UK, the repossession of a person s home due to default on a mortgage is known as mortgage repossession. The process typically involves obtaining firstly an order for possession in the courts, then an eviction warrant. The eviction is… …   Wikipedia

  • mortgage modification — UK US noun [C or U] FINANCE, PROPERTY ► an agreement between a lender and a borrower to change the way a mortgage is paid back: »We give advice on how to negotiate a mortgage modification with your lender …   Financial and business terms

  • Mortgage broker — A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more… …   Wikipedia

  • Endowment mortgage — An endowment mortgage is a mortgage loan arranged on an interest only basis where the capital is intended to be repaid by one or more (usually Low Cost) endowment policies. The phrase endowment mortgage is used mainly in the United Kingdom by… …   Wikipedia

  • Jumbo mortgage — In the United States, a jumbo mortgage is a mortgage with a loan amount above the industry standard definition of conventional conforming loan limits. This standard is set by the two largest secondary market lenders, Fannie Mae and Freddie Mac.… …   Wikipedia

  • Financial advice — is advice given in relation to financial matters such as investing, insurance, borrowing, saving and retirement planning. Professionally, the advice is given only after the financial situation of the client is unveiled through a thorough fact… …   Wikipedia

  • Participation mortgage — A participation mortgage or participating mortgage is a mortgage, or sometimes a group of them, in which two or more persons have fractional equitable interests. In this arrangement the lender, or mortgagee, is entitled to share in the rental or… …   Wikipedia

  • FSMA overview — Introduction Implementation of the Financial Services and Markets Act 2000 (FSMA) completed the vesting of supervisory responsibilities in the regulator, the Financial Services Authority (FSA), and rationalised and substantially replaced the… …   Law dictionary

  • ifs School of Finance — The ifs School of Finance, founded in 1879 as the Institute of Bankers, is a registered educational charity incorporated by Royal Charter. Positioning itself as a ‘business school for finance’, the ifs aims to provide industries with financially… …   Wikipedia

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