publication . Article . 2008

A Primer on the Mortgage Market and Mortgage Finance

Daniel J. McDonald; Daniel L. Thornton;
Open Access
  • Published: 01 Jan 2008 Journal: Review, volume 90
  • Publisher: Federal Reserve Bank of St. Louis
This article is a primer on mortgage finance. It discusses the basics of the mortgage market and mortgage finance. In so doing, it provides useful information that can aid individuals in making better mortgage finance decisions. The discussion and the tools are presented within the context of mortgage finance; however, these same principles and tools can be applied to a wide range of financial decisions.
free text keywords: Mortgages, Shared appreciation mortgage, Finance, business.industry, business, Economics, Mortgage insurance, Mortgage underwriting, Collateralized mortgage obligation, Financial system, Commercial mortgage-backed security, Expert systems for mortgages, Secondary mortgage market

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