

| major bank to offer Islamic mortgages. Mortgage Insurance (MI) Mortgage Servicing Rights Mortgage Service Rights (MSR) - fha loan maximum capitalized asset that represents the value of the servicing fees to be realized over the life of the loan. (See also yield to maturity) Pooling — The process of grouping together mortgage loans with similar characteristics. Quitclaim deed (QCD) Historically under common law, for an instrument to be a valid deed it needed five things: It must indicate that the instrument itself conveys some fha loan maximum or thing to someone. This is indicated by using the word hereby or the phrase by these presents in the sentence indicating the gift. The person receiving the fha loan maximum or thing must have the legal capacity to receive it. The grantor must have the legal ability to grant the thing or privilege. A seal must be affixed to it. Most jurisdictions have eliminated this requirement and replaced it with the signature of the grantor. However, for conveyances of real estate, most jurisdictions require that the deed be acknowleged before a notary public or a fha loan maximum law notary and some may require a witness or witnesses |
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