Documentation of the lending process

Technical Report · Sat Aug 01 04:00:00 EDT 1981

OSTI ID:5416446

Chase, S H; Manion, J S; Garcia-Hohmann, J

US DOE has forged a partnership with the American Bankers Association, the US League of Savings Associations, and the National League of Savings and Loans to develop training materials for senior financial institution officials, loan officers and staff appraisers in the area of energy efficient considerations at the residential time of transfer. Also, training materials will be developed to enable financial institutions to educate their customers regarding residential energy efficiency. To reach this goal, the lending process must be documented to provide training material developers with an understanding of possible areas where the lending process can be most effected by energy education. Objective of this report was to document the mortgage lending process by conducting a literature search. Researchers concentrated on the role of both primary lenders and the secondary mortgage market. Also, studies were made on the types of mortgage plans, linkages between major actors (e.g., real estate agents, appraisers, senior bank officials, loan officers), guarantors (e.g., FHA, VA), and mortgage variations due to region and building type and owner.

• Research Organization: Andrulis Research Corp., Bethesda, MD (USA)
• DOE Contract Number: AC03-79CS20485
• OSTI ID: 5416446
• Report Number(s): DOE/CS/20485-T1; ON: DE85017220
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
BUILDINGS
ENERGY CONSERVATION
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
HOUSES
LENDING INSTITUTIONS
LOAN GUARANTEES
NATIONAL ORGANIZATIONS
RESIDENTIAL BUILDINGS
US DOE
US ORGANIZATIONS