I recommend this book to all those who want to get familiar with the U.S. Mortgage/Residential Lending industry. This book provides a good historical perspective of the industry and its development in the U.S., and explains the mortgage process from soup-to-nuts - right from the application stage to the servicing and default management stage. As an industry professional, I have benefited a lot from reading this book. I...
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This is a must read and good reference book for mortgage professionals, including lenders and practitioners in secondary mortgage business. The book gives excellent review of the development of residential lending in US, of government regulations, major market players, and important product types. Then the book gets to the details of mortgage lending processes and also touches the secondary markets. Readers can definitely...
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