Corrected quize Crossword
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
 
 
Down: 1) A breach or non-performance of the terms of a note or the covenants of a mortgage or deed of trust.3) The difference between the amount owed and the value of the property.5) rate at which principle is reduced according to a schedule.6) The legal process in which a property reverts from the borrower to the investor.7) A period of time for which the mortgage payments are reduced or suspended.9) An account in which the monthly tax and insurance payments are paid and from which the servicer processes the payments for taxes and insurance. Across: 2) A liquidation option in which the property reverts to lender without an actual foreclosure auction.4) Independent assessment of property value8) Total monthly housing cost plus consumer debt divided by gross income.10) The actual interest rate the borrower pays when all the costs of obtaining credit are included. Usually calculated yearly.
 

 

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