Discover what problem loans are, how they affect both borrowers and lenders, and strategies for managing or mitigating their risks effectively.

Definition of Loan A loan, on the other hand, is a fixed amount of money that a lender provides to a borrower with the expectation that it will be paid back with interest over a set period of time.

The interesting thing about "mortgage banking" is that it is not a discipline taught in school to youth. It is not like chemistry or psychology, or animal science, etc., that one can major in. It ...