Building the Leadership Appraisal Model:
Conversion Fee Applies Credit Loan — A credit loan is a mortgage that is issued on only the financial strength of a borrower, without great regard for collateral. Credit-Loss Ratio — The ratio of credit-related losses to the dollar amount of MBS outstanding and total mortgages owned by the corporation.
Credit-Related Expenses — The sum of foreclosed property expenses plus the provision for losses. Credit-Related Losses — The sum of foreclosed property expenses plus charge-offs.
Credit Report — A report to a prospective lender on the credit standing of a prospective borrower. Used to help determine creditworthiness. Information regarding late payments, defaults, or bankruptcies will appear here.
DEVELOPMENT DIMENSIONS INTERNATIONAL 3 Performance Management • Focus and alignment of efforts. Measurement-managed companies reported more frequently that unit performance . Credit Loan – A credit loan is a mortgage that is issued on only the financial strength of a borrower, without great regard for collateral. Credit-Loss Ratio – The ratio of credit-related losses to the dollar amount of MBS outstanding and total mortgages owned by the corporation. Credit Rating – Borrowers are rated by lenders according to the borrower’s credit-worthiness or risk profile. Will the appraisal management company requiring this unrealistic turn time be held liable to the independent appraiser for over time compensation. If the engagement letter tells me how to dress, when to call and what to say, is that not an employer /employee situation? One attorney is .
Deed — A legal document which affects the transfer of ownership of real estate from the seller to the buyer. Deed of Trust — Synonymous to a mortgage. A deed of trust or mortgage is obtained, depending on the state in which the borrower will reside. Default — The failure to make payments on a loan.
Delinquency — Late- or non-payments of principal, interest, taxes, or insurance. Deposit — A lump sum given in advance as security. A deposit is always paid of a larger amount to be paid in the future.
Discount — Difference between the face amount of a note or mortgage and the price at which the instrument is sold in the secondary market. Down Payment — Money paid by a buyer from his own funds, as opposed to that portion of the purchase price which is financed.
E Earnest Money Deposit — A deposit made by a potential home buyer to show that they are serious about purchasing the property. Esement — Giving other persons, other than the owner, access to a property.
Eminent Domain — The government right to take private property for public use depended on the payment of its fair market value.
Encumbrance — Any lien against a property or any restriction it its use, such as an easement; a right or interest in a property held by one who is not the legal owner. Equity — The difference between the current market value of a property and the principal balance of all outstanding loans.
Escalator Clause — A clause in a loan providing for increases in payments or interest based on pre-determined schedules or on a specific economic index, such as the consumer price index. For example, an earnest money deposit is put into escrow until the transaction is closed.
Only then can the seller receive the deposit. Escrow Account impound account — An account that a borrower can hold with a lender once a purchase transaction is closed. This requires borrowers to pay more than the principal and interest each month. This eliminates the actual number of payments that a homeowner has to worry about, but not the amount that has to actually be paid.
Escrow Analysis — An analysis performed by a lender each year to escrow accountholders to ensure that the correct amount of money is being collected to cover anticipated payments.
Escrow Fee — These costs cover the preparation and transmission of all home purchased-related documents and funds.
Escrow fees range from several hundred to over a thousand dollars, based on the purchase price of your home. Not all states require funds to be put into escrow accounts for closing. Estate — The ownership interest an individual holds in real property. This is also the sum total of all the real property and personal property owned by an individual at time of death.
Eviction — The legal removal of real property occupants for unlawful actions carried out by those occupants. F Fair Credit Reporting Act — A law that protects consumer that regulates the reporting of consumer credit by agencies and establishes procedures for correcting errors on an individual record.
The program usually decreases the total amount of cash needed to purchase a home. Department of Housing and Urban Development HUDit insures loans made by approved lenders to qualified borrowers, in accordance with its regulations. Fees — Up-front costs associated with a loan.a term paper of good marks and values.
good for diploma level students. by oyadav_5 in Types > Research and term paper on performance appraisal. Aug 01, · Performance Development for helping to improve the performance A Performance Appraisal for judging the performance These are two different purposes and should be separated in the Performance Management process as they have a tendency to conflict with each other (Rudman, ).
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View this term paper on Performance Appraisal. This research paper aims to conduct a study regarding the effectiveness of performance appraisals and the issues. Performance appraisal is the process of evaluating an employee's performance and providing feedback.
It is necessary not only for the individual to improve his/her performance on the job so that s. Chapter 1 Introduction The purpose of this manual is to introduce public agencies to the methods available for controlling public records entrusted to their care, with emphasis on the tools needed to solve record- keeping problems, increase efficiency, improve services and save money.
Performance Appraisal Tips Help Page is a free help site with general information on performance appraisals and tips for supervisors and managers.