Academic literature on the topic 'Mortgage Loan Purpose'

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Journal articles on the topic "Mortgage Loan Purpose"

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Pavlova, I. YU, and U. S. Smirnova. "Certain Issues of the Practice of Applying the Rules on Mortgages under the Contract." Siberian Law Herald 2 (2021): 42–47. http://dx.doi.org/10.26516/2071-8136.2021.2.42.

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Some aspects of the application of norms in the field of mortgages by virtue of the contract are considered: the interpretation of paragraph 1 of Article 78 of the Federal Law «On Mortgage (Pledge of Real Estate)», the problem of eviction of citizens living with the mortgagor, the legal meaning of the purpose of the loan during foreclosure on property. The article analyzes the possibility of securing the debtor’s non-property obligations with a mortgage, the risks of the mortgagee when issuing a loan (credit) amount. It has been established that regulation of both targeted and non-targeted loa
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Zahirovic-Herbert, Velma, Karen M. Gibler, and Swarn Chatterjee. "Financial literacy, risky mortgages, and delinquency in the US during the financial crisis." International Journal of Housing Markets and Analysis 9, no. 2 (2016): 164–89. http://dx.doi.org/10.1108/ijhma-12-2014-0060.

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Purpose The purpose of this paper is to evaluate whether low financial literacy is associated with the use of risky mortgages and delinquency. Design/methodology/approach A probit analysis is used to analyze the results of a survey of US homeowners. Findings It was found that borrowers with low financial literacy are more likely to have a risky mortgage and be delinquent in their mortgage payments. Originality/value The results indicate that many risky loan borrowers may be unable to evaluate the risks inherent in the mortgage, which contributes to high delinquency rates. These results suggest
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Ranisavljević, Duško, and Miroljub Hadžić. "Realistic Evaluation of the Ratio: Loan-To-value – The Key to Minimising the Credit Risk." Economic Themes 54, no. 3 (2016): 449–68. http://dx.doi.org/10.1515/ethemes-2016-0022.

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AbstractAs a rule, long-term bank loans entail solid security - a mortgage, regardless of their purpose. The mortgaged property has its specific market value during the loan approval period but during the repayment period, the value of the real estate varies. This is the reason why the initially specified indicator of the coverage of loans with the value of the mortgage - the LTV ratio changes, which in turn increases the risk of loan repayment. The aim of this paper is to draw attention to the necessity of establishing adequate initial LTV ratios (together with other important ratios). This w
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Svobodová, Libuše, and Martina Hedvičáková. "Mortgage Loans and Impacts of the Global Pandemic COVID-19 in the Globalized Society." SHS Web of Conferences 92 (2021): 01047. http://dx.doi.org/10.1051/shsconf/20219201047.

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Research background: The paper is focused on the financial product, esp. on mortgage loans that are often used products in the field of long-term financing in the Czech Republic. These products provide commercial banks and other financial institutions on the Czech globalized financial market. Purpose of the article: The aim of the paper is to analyze the situation on the globalized financial market focused on the mortgage loans and loans from building societies in view of the global Covid-19 pandemic. Methods: Firstly a theoretical background with a review of the literature is provided, then r
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Islami, Vina, and Vina Islami. "Analisis Pemberian Kredit Pemilikan Rumah (KPR) Dalam Rangka Mengurangi Non Performing Loan (Studi Kasus PT. Bank Tabungan Negara Tbk. Cabang Bogor)." Moneter - Jurnal Akuntansi dan Keuangan 6, no. 1 (2019): 1–6. http://dx.doi.org/10.31294/moneter.v6i1.4480.

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AbstractThe purpose of this study to determine: (1) on the system mortgage (mortgage) PT. Bank Bank Tabungan Negara Tbk. Bogor Branch, (2) analyze the effectiveness of the system of mortgage (mortgage) in order to reduce non-performing loans. This type of research is a descriptive study. Studies using primary data sources and secondary data sources, with the data from interviews with employees. Data collection techniques using observation, interviews, and documentation. The results of the research showed that the system of credit is good enough to see the results of the NPL, but still lack a d
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Ozhegov, Evgeniy M. "Heterogeneous preferences of Russian residential mortgage borrowers." Journal of European Real Estate Research 10, no. 1 (2017): 35–56. http://dx.doi.org/10.1108/jerer-02-2016-0009.

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Purpose This paper aims to examine the heterogeneity of preferences of mortgage borrowers of Russian state-owned suppliers of residential housing mortgages. Design/methodology/approach Analysis takes into account the underwriting process and the choice of contract terms of all loans originated from 2008 to 2012. The data set contains demographic and financial characteristics for all applications, loan terms and the performance information for all issued loans by one regional bank which operates government mortgage programs. The paper uses a multistep semiparametric approach to estimate the det
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M. Barrutia, Jose, and María Paz Espinosa. "Consumer expertise matters in price negotiation." European Journal of Marketing 48, no. 11/12 (2014): 1962–85. http://dx.doi.org/10.1108/ejm-04-2013-0208.

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Purpose – The main purpose of this paper is to study the effect of consumer expertise on mortgage loan prices. We argue that consumer expertise should affect price due to two reasons: (1) loan mortgage prices in non-price-regulated settings are usually the result of a bank-customer negotiation process; and (2) a mortgage loan is a complex product. Design/methodology/approach – Data on mortgage loan prices were used for a sample of 1,055 households for 2005 (Bank of Spain Survey of Household Finances, EFF-2005). Findings – The regression results indicate that consumer expertise-related metrics
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R. Mason, Joseph, Michael B. Imerman, and Hong Lee. "Self-reporting under SEC Reg AB and transparency in securitization." Journal of Risk Finance 15, no. 4 (2014): 334–84. http://dx.doi.org/10.1108/jrf-05-2014-0069.

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Purpose – The purpose of this paper is to illustrate the limitations and potential bias in securitized residential mortgage data and examine the importance of such data issues for typical studies of residential mortgage-backed security (RMBS) market and the financial crisis. Design/methodology/approach – We use trustee data on mortgage characteristics provided by BlackBox Logic – the BBx data – to study the extent to which undisclosed mortgage characteristics distort the available data and impact risk analysis of RMBS collateral pools. Findings – We illustrate that substantial amounts of loan
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CHUDNOVETS, Aleksei Yu, and Sodnom B. BAINOV. "Conditional optimization of mortgage loan parameters." Economic Analysis: Theory and Practice 20, no. 3 (2021): 577–88. http://dx.doi.org/10.24891/ea.20.3.577.

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Subject. In the article, we calculate the period of a borrowing, in which the interest burden and monthly payments are minimal. Objectives. The aim is to create an algorithm to optimize the term of the mortgage loan, taking into account the amount of debt and interest rate of the loan. Methods. The study employs methods to analyze the formula of annuity payments of a mortgage loan, and to model the final optimization algorithm. Results. We developed an algorithm, to determine the optimal term of the loan, using the certain loan amount and interest rate. The study considers the case for banks,
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Francke, M. K., and F. P. W. Schilder. "Losses on Dutch residential mortgage insurances." Journal of European Real Estate Research 7, no. 3 (2014): 307–26. http://dx.doi.org/10.1108/jerer-01-2014-0008.

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Purpose – This paper aims to study the data on losses on mortgage insurance in the Dutch housing market to find the key drivers of the probability of loss. In 2013, 25 per cent of all Dutch homeowners were “under water”: selling the property will not cover the outstanding mortgage debt. The double-trigger theory predicts that being under water is a necessary but not sufficient condition to predict mortgage default. A loss for the mortgage insurer is the result of a default where the proceedings of sale and the accumulated savings for postponed repayment of the principal associated to the loan
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Dissertations / Theses on the topic "Mortgage Loan Purpose"

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Tannous, Kareem Atalla. "Impact of Mortgage Characteristics on Retail Mortgage Transaction Completion Time." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/5271.

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In the mortgage industry, many mortgage lenders cannot manage mortgage workflow systems while meeting and exceeding organizational objectives. Organizations with an above-industry average turnaround time (ATT) to complete a retail mortgage transaction (RMT) from origination to funding experience revenue losses. Grounded in the proposition that mortgage loan purpose (MLP), mortgage loan type (MLT), and subject property type (SPT) impact ATT to complete an RMT, the purpose of this causal-comparative study was to assess the impact of MLP, MLT, and SPT on ATT to complete an RMT. Using archival dat
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Žaroský, Zdeněk. "Financování bydlení v České republice." Master's thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2008. http://www.nusl.cz/ntk/nusl-221739.

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The subject of the diploma thesis "Financing of Housing in the Czech Republic" is description, analysis, and characterization of options of financing of housing and comparison of their benefits. The theoretical part of the assignment describes basic forms of financing of housing – savings for building purposes, mortgage loans, and other forms. The analytical part compares variants of savings for building purposes with domestic building societies and mortgage loans with selected banks. This part describes and evaluates basic features of individual products. The third part focuses on creation of
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Mulaudzi, Mmboniseni Phanuel. "The subprime mortgage crisis : asset securitization and interbank lending / M.P. Mulaudzi." Thesis, North-West University, 2009. http://hdl.handle.net/10394/5097.

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Subprime residential mortgage loan securitization and its associated risks have been a major topic of discussion since the onset of the subprime mortgage crisis (SMC) in 2007. In this regard, the thesis addresses the issues of subprime residential mortgage loan (RML) securitization in discrete-, continuous-and discontinuous-time and their connections with the SMC. In this regard, the main issues to be addressed are discussed in Chapters 2, 3 and 4. In Chapter 2, we investigate the risk allocation choices of an investing bank (IB) that has to decide between risky securitized subprime RMLs and
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Pískatá, Petra. "Možnosti použití hodnotové analýzy při výběru poskytovatele hypotečního úvěru." Master's thesis, Vysoké učení technické v Brně. Fakulta stavební, 2014. http://www.nusl.cz/ntk/nusl-227028.

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The aim of this master’s thesis is to find the best type of mortgage loan for several kinds of borrowers. The first part describes personal housing financing, use of loans, use of mortgages in general. At the end of this theoretical part the value analysis is explained as a tool for mortgage lender (or the type of mortgage loan) selection and the way of reaching this goal is defined. Second part is a practical example of how to make decision and find the best choice. It selects the most important criteria and real cash flow is simulated to asset the price of each possibility. Using the discrim
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Books on the topic "Mortgage Loan Purpose"

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Society, People's Building. The People's Building Society: For the purpose of assisting the members thereof in the acquisition of freehold or leasehold property, in the removal of incumbrances or liabilities upon property already held by them and to enable them to receive the amount of their shares in advance, upon furnishing good mortgage security. s.n.], 1985.

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New York (State). Legislature. Assembly. Standing Committee on Banks. Public hearing, the purpose of this hearing is to examine purported discriminatory mortgage practices in New York State. En-De Court Reporting, 2009.

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GOVERNMENT, US. An Act to Require Automatic Cancellation and Notice of Cancellation Rights with Respect to Private Mortgage Insurance Which Is Required as a Condition for Entering into a Residential Mortgage Transaction, to Abolish the Thrift Depositor Protection Oversight Board, and for Other Purposes. U.S. G.P.O., 1998.

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United States. Congress. House. Providing credit assistance to farmers, to strengthen the Farm Credit System, to facilitate the establishment of secondary markets for agricultural loans, and for other purposes: Conference report (to accompany H.R. 3030). U.S. G.P.O., 1987.

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United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. The Home Ownership and Equity Protection Act of 1993, S. 924: Hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Third Congress, first session, on S. 924, to protect home ownership and equity through enhanced disclosure of the risks associated with certain mortgages, and for other purposes, May 19, 1993. U.S. G.P.O., 1993.

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The Western Permanent Building Society: Incorporated in accordance with an act of the provincial Legislature, A.D. 1846, for the purpose of assisting the members by advancing the amount of their shares on good mortgage security .. s.n.], 1987.

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City Building Society: Incorporated by an act of Provincial Legislature : for the purpose of assisting the members of the society in the acquisition of freehold and leasehold property and in the removal of incumbrances or liabilities upon property already held by them, and to enable them to receive the amount of their shares in advance upon furnished good mortgage security. s.n.], 1987.

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Tunaru, Radu S. Financial Modelling for Mortgages. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198742920.003.0003.

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The purpose of this chapter is to familiarize the reader with the concept of mortgages and to describe the behavioural factors behind decisions to prepay and default on mortgages that ultimately influence the evolution of real-estate markets. The other scope of this chapter is to highlight the complexity of the financial modelling related to the real-estate area, and to mortgages in general. Mortgage loans are contracts carrying real-estate risk. They represent a large part of the assets in the banking systemsworldwide and banks find it difficult to hedge this asset class against real-estate r
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Fannie Mae and Freddie Mae: Public Purposes and Private Interests. Aei Pr, 1999.

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The Farmers' and Mechanics' Building Society: Incorporated in accordance with an act of the provincial legislature in 1846, for the purpose of assisting the members of the Society in the acquisition of freehold and leasehold property, and in the removal of incumbrrances [sic] or liabilities upon property already held by them, and to enable them to receive the amount of shares in advance upon furnishing good mortgage security. s.n.], 1987.

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Book chapters on the topic "Mortgage Loan Purpose"

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Thompson, Mark P., and Martin George. "12. Mortgages." In Thompson's Modern Land Law. Oxford University Press, 2017. http://dx.doi.org/10.1093/he/9780198722830.003.0012.

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A mortgage is a form of security for a loan, the purpose of which is often to finance the purchase of a house. This type of mortgage is known as acquisition mortgage. The house can also be used as security for other borrowing (for example, to pay for an extension to a house) or to finance a small business. Such mortgages are generally termed second, or even third, mortgages. The person who creates the mortgage is called the mortgagor and the person in whose favour it is created is called the mortgagee. The mortgagee is a secured creditor and can transfer the mortgage to another person. This chapter, which focuses on the nature of mortgages and how they are created, also discusses the role of mortgages, types of mortgage, rights of the mortgagor, rights and remedies of the mortgagee, and priority of mortgages.
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George, Martin, and Antonia Layard. "11. Mortgages." In Thompson's Modern Land Law. Oxford University Press, 2019. http://dx.doi.org/10.1093/he/9780198828020.003.0011.

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A mortgage is a form of security for a loan, the purpose of which is often to finance the purchase of a house. This type of mortgage is known as acquisition mortgage. The house can also be used as security for other borrowing (for example, to pay for an extension to a house) or to finance a small business. Such mortgages are generally termed second, or even third, mortgages. The person who creates the mortgage is called the mortgagor and the person in whose favour it is created is called the mortgagee. The mortgagee is a secured creditor and can transfer the mortgage to another person. This chapter, which focuses on the nature of mortgages and how they are created, also discusses the role of mortgages, types of mortgage, rights of the mortgagor, rights and remedies of the mortgagee, and priority of mortgages.
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Bevan, Chris. "11. The Law of Mortgages." In Land Law. Oxford University Press, 2018. http://dx.doi.org/10.1093/he/9780198789765.003.0011.

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A mortgage is a form of proprietary security for the advancement of a loan. A bank or lender advances a loan and in return they are granted a mortgage: an interest in the borrower's land. The uses to which mortgages can be put are not confined to home ownership. Mortgages are exploited in the residential and commercial sectors as well as being used for the purposes of property investment and capital financing. This chapter discusses the nature of mortgages; the creation of mortgages; the rights and powers of the mortgagor; the rights of the legal mortgagee; the rights of equitable mortgagees and equitable chargees; and the priority of mortgages.
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Ferguson, Mark, Joseph Mcbride, and Kevin Tripp. "Securitization Process." In Debt Markets and Investments. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780190877439.003.0020.

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The securitization process has become an essential tool that provides liquidity to firms and borrowers while opening up the breadth and depth of the capital markets to previously underserved individuals and firms. Securitized products pool illiquid, idiosyncratic assets or contracts, turn those pools into claims (bonds) with a new capital structure with differing risk-return attributes, and sell those bonds to institutional investors. Securitization began in the housing market where single-family mortgages were pooled and sold to investors as mortgage-backed securities. The securitized market has increased in size and complexity to include many other asset classes such as commercial real estate loans in commercial mortgage-backed securities, student loans, credit card debt, auto leases, equipment leases, and aircraft leases in asset-backed securities. The purpose of this chapter is to describe the participants in and the general structure of securitizations.
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Yüksel, Serhat, and Pınar Tuğçe Kavak. "Do Financial Investment Decisions Affect Economic Development?" In Handbook of Research on Global Issues in Financial Communication and Investment Decision Making. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-9265-5.ch009.

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The purpose of this chapter is to determine whether mortgage loans have an influence on economic growth in Turkey. In this context, as the variable of the mortgage, the ratio of the mortgage loans to the total loans is taken into consideration. Also, the increase ratio in GDP is used as an economic growth variable. In addition to this situation, quarterly data of these variables for the periods between 2005:1 and 2017:3 is examined. On the other hand, Engle-Granger cointegration analysis is considered in this study in order to reach this objective. In the analysis process, firstly, the variables are subjected to the ADF unit root test, and it is understood that both variables become stationary by taking first order differences. It is identified that there is a long-term relationship between mortgage loans and economic growth in Turkey. By considering these results, it is recommended to encourage mortgage loans in order to increase economic growth.
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Dostál, Petr. "The Use of Soft Computing in Management." In Handbook of Research on Novel Soft Computing Intelligent Algorithms. IGI Global, 2014. http://dx.doi.org/10.4018/978-1-4666-4450-2.ch010.

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The decision-making processes in management are very complicated because they include political, social, psychological, economic, financial, and other factors. Many variables are difficult to measure; they may be characterized by imprecision, uncertainty, vagueness, semi-truth, approximations, and so forth. Soft computing methods have had successful applications in management. Nowadays the new theories of soft computing are used for these purposes. The applications in management have specific features in comparison with others. The processes are focused on private corporate attempts at money making or decreasing expenses. The soft computing methods help in decentralization of decision-making processes to be standardized, reproduced, and documented. There are various soft computing methods used in management-classical ones and methods using soft computing. Among soft computing methods there belongs fuzzy logic, neural networks, and evolutionary algorithms. The use of the theories mentioned previous is important also in the sphere of analysis and simulation. The case studies are discussed in the article. It can be mentioned, for example, which way should be used to address the potential customer (fuzzy logic), which kind of customer could be provided by a loan or a mortgage (neural networks), the sorting of products according to the kind of customers (genetic algorithms), or solving the travelling salesman problem (evolutionary algorithms).
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"eventually agreed after the husband had applied pressure. A 20 year mortgage with the plaintiffs was arranged for a sum of £150,000, the stated purpose being to pay off the existing mortgage and to buy a holiday home. Documents relating to the mortgage were prepared, which the wife signed without reading them. At no stage was she advised of the content of the documents, nor was she advised to seek independent advice. Accordingly, she was not aware of the amount of the loan. Once the existing mortgage debt was settled, the husband used the remainder of the loan to speculate on the stock market and, in the 1987 stock market crash, he lost a substantial amount, with the result that he could no longer continue to repay mortgage instalments as they became due. The plaintiffs now sought an order for possession of the matrimonial home, which the wife contested on the ground that she had been induced to sign the relevant documents by misrepresentation, duress and undue influence. The trial judge held that there was actual undue influence, but this decision was reversed in the Court of Appeal on the ground that there was no manifest disadvantage to the wife in entering into the mortgage transaction. This decision, in turn, was reversed by the House of Lords on the ground that, in cases of ‘actual undue influence’, there is no requirement of manifest disadvantage, thereby finding in favour of the wife: CIBC Mortgages plc v Pitt [1994] 1 AC 200, p 207." In Sourcebook on Contract Law. Routledge-Cavendish, 1995. http://dx.doi.org/10.4324/9781843141518-169.

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Conference papers on the topic "Mortgage Loan Purpose"

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Ata, Sezai. "The Macroeconomic Effects of Credit Regulations." In International Conference on Eurasian Economies. Eurasian Economists Association, 2018. http://dx.doi.org/10.36880/c10.02075.

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In this study, the effects of macro prudential policies on consumer loans in the recent period are examined on the basis of total loan developments and credit type. The findings of the study show that macro prudential policies are quite effective in slowing down the growth rate of total credit and consumer loans for the ultimate purpose. In addition, the overall provisioning and risk weighting regimes provided banks with a modest level of capital adequacy ratios and prevented banks from growing in risky assets. The results of some loan types indicate that credit utilization, determined by chan
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Topaloğlu, Mustafa. "Guarantor Situation in the Bank Credit Restructurings." In International Conference on Eurasian Economies. Eurasian Economists Association, 2020. http://dx.doi.org/10.36880/c12.02408.

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In Turkish bank practice a great variety of bank credits are extended. Banks take or convey by mortgage such as real security or surety as personal guarantee to secure loans. In the surety regulated in the Turkish Code of Obligations in essence, very strict requirements have been arranged for the purpose of protecting the guarantor. Bank credit relations are continued over a long period of time. In this process, new contracts of surety are signed or credit restructurings are in question. Here are the changes in this relation the situation of guarantor was tried to be legally disclosed in the l
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