Cummings is one of my favorite R.E. authors. He is very thorough. This one has chapters on conventional and creative financing, tax exchanges, land development, discounting mortgages, sale-leasebacks, how to get started and even dealing with foreclosure. Table of contents is very thorough and makes it very easy to go to the exact page you want to to find specific information. He is good with the numbers and doesn't leave much to the imagination like many authors do.

The Handbook of Real Estate Lending Provides information and describes methods by which to calculate a numerical risk score for each real estate loan in a portfolio that can be compared to an optimal baseline, construct meaningful monthly reports on problems loans and the best of possible actions, make unbiased and error-free loan assessment based on a new knowledge of the acquisition process, prepare graphs showing each loan's performance trends, forecast potential loan performance and quantify the judgement, construct proactive action plans, and perform other tasks expected of real estate loan officers. Annotation c. by Book News, Inc., Portland, Or.

Smart Trust Deed Investment in California For the person who is interested in really learning how to invest in Trust Deeds, this is without a doubt the best guide you will ever find. George Coats' coverage of this subject is very thourough and complete. I have been investing in trust deeds for some years, and luckely found this book shortly after it was written. It has been my bible ever since. The laws may be somewhat different in other states, but the principals and guidelines he provides are wonderfull. This book has helped me to avoid may pitfalls in making private loans. Required reading for anyone interested in this subject.

The Home Equity Lending Industry: Refinancing Mortgages for Borrowers With Impaired Credit Book Description This book provides the first systematic study of the home equity lending industry from a public policy perspective. Home equity lending--refinancing mortgages for homeowners whose credit ratings do not meet the normal underwriting standards of prime lenders--has grown rapidly during the past dozen years. But this form of lending is not very well known or understood outside the industry itself. "Home equity lenders take greater risks than conventional prime lenders," notes Weicher, and they incur higher rates of delinquencies and defaults, and higher servicing costs. Hence, they charge higher interest rates. But because of the risks and uncertainties involved, this form of investment is not for the faint of heart. To increase understanding of this rapidly growing industry, Weicher identifies the demographic and economic characteristics of borrowers; mortgage rates and terms compared with those on prime loans; origination and servicing costs; rates of delinquency and default; and the costs incurred by real estate owned due to foreclosure. The book provides a sound foundation for investors, public policymakers, and the general public interested in this fast-growing segment of the financial marketplace.

California Mortgage Loan Brokering & Lending This text is ideal for people studying for a real estate licensee, individuals seeking to enter the mortgage loan business and for those already actively working in the industry. Key topics of coverage include appraisal, credit agencies, title and escrow, and computer programs used in the industry.