Mortgage Commitments and Interest Rate "Lock-Ins" : What Is the Problem.

Describes practices and procedures, known as "commitments," which allow lenders to specify certain terms and conditions for mortgage loans, and explains their limitations and potential pitfalls. Summarizes proposals to protect would-be borrowers from losing their specified terms and "...

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Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1987.
Series:	U.S. Congressional Research.
Subjects:	Interest rates. Mortgages. Fees, Professional. Electronic books.
Online Access:	Connect to the full text of this electronic book