Real Estate Finance, 10th Edition details contemporary residential and commercial real estate finance, explaining how these financial markets work. The 10th edition has been updated to reflect current principles and practices of modern real estate finance resulting from the recent financial crisis, mortgage meltdown, and prolonged road to recovery. This text provides coverage of specialized mortgage lending procedures including: sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices today. The easy-to-read narrative format provides an accessible introduction for the novice student, as well as an invaluable overview for experienced professionals.
- Lists useful web addresses as resources for additional learning in each chapter
- Includes revisions that have occurred in the secondary mortgage market for mortgage-backed securities to enhance understanding of the two main government-sponsored agencies
- Discusses the lingering effects of Wall Street Reform and the Consumer Protection Act
- Covers the TILA-RESPA Integrated Disclosure Rule
Author: J. Keith Baker & John P. Wiedemer