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10 Cards in this Set
- Front
- Back
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Right of rescission |
3 Days To withdraw from transaction does not apply to home purchase |
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Trigger terms |
Down payment number of payments amount of payments finance charges |
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Equity skimming |
Fictional buyers loan documentation |
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Equity flipping |
Continued refinancing with no gain to homeowner |
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Illegal property flipping |
Fake appraisals |
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Air loans |
Fictional property |
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Purchase money mortgage |
Has a big down payment |
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Installment land contract |
Title transferred when all terms are met |
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Lender |
Beneficiary |
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Community reinvestment |
Financial institution tries to meet credit needs |
