Law of Federal Mortgage Documents

Focusing on the basic residential note and mortgage forms used by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), Burke's Law of Federal Mortgage Documents follows the mortgagor-mortgagee relationship from start to finish. You'll find detailed, expert guidance on such matters as: * Negotiability of adjustable rate mortgages * Mortgagee's commitment * Prepayment rights * Escrow accounts and the effects of RESPA * Mortgage guarantee policies * Late charges and usury considerations * The right to cure in bankruptcy * Electing to sue on the note * Assignment and termination of servicing agreements * Condemnation of mortgaged premises * Enforcement of the due-on-sale covenant Chapters on private mortgage insurance, mortgagee's hazard insurance, and lender's remedies round out the definitive analysis.