[Answer] In residential mortgage lending appraisals it is more common for lenders and AMCs to ask for _________ maps

Answer: true
In residential mortgage lending appraisals it is more common for lenders and AMCs to ask for _________ maps
The loan-to -value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.For instance if someone borrows $130 000 to purchase a house worth $150 000 the LTV ratio …
Real estate appraisal – Wikipedia
Redlining – Wikipedia
Real estate appraisal – Wikipedia
Real estate appraisal – Wikipedia
Real estate appraisal property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition a key factor in valuation) unlike corporate stocks which are traded daily and are identical (thus a …
The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12 Chapter 27 of the United States Code 12 U.S.C. §§ 2601–2617.The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services and eliminating kickbacks and referral fees which add unnecessary …
Thu Jul 04 2002 14:30:00 GMT-0400 (Eastern Daylight Time) · In 1935 the Federal Home Loan Bank Board (FHLBB) asked the Home Owners’ Loan Corporation (HOLC) to look at 239 cities and create ” residential security maps ” to indicate the level of security for real-estate investments in each surveyed city. On the maps the newest areas—those considered desirable…

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