No. A mortgage is a form of loan to buy a house. As with any form of loan, if you can't keep up the payments, your bank/building society can reposess the house.
Consolidated from various online answers...DU stands for Fannie Mae's Desktop Underwriting System, used in replace or an addition of a human underwriter (UW) to qualify for a mortgage loan. DU can...
According to Heitman Analytics, this is defined as...An array of analysis organized by market and product which provides insight into how pricing strategy and market conditions will affect mortgage...
In general, there are two types of mortgage loans: (1) Conventional; and (2) Jumbo. Conventional loans are for no more than a certain amount (for example, $400,000). Jumbo loans are loans in greater...