Category:Mortgage Loans

From Open Risk Manual

Loans which have collateral posted as security and where that collateral is real estate, and the real estate which makes up the collateral is purchased with the funds loaned.

This category covers a range of mortgage concepts and parties, along with categories of mortgage loan purpose (remortgage, second home etc.)

Note that much of the material in this category will also have been covered in the separate Loan Contracts module, and is to be integrated. The terms here are not intended not be specific to US mortgage loans or HMDA reporting but are more general.