Our PresentationPresented By ‘Invincible’

A Comparative Study on Mortgage Market of USA and Bangladesh

Group MemberName ID

Ishak 11302026

Sharmin Sultana 11302030

Sabbir ahmed 11202148

Moshfiqur Rahman 11202123

Tushar Ahmed 12102067

Table of Contents Mortgage Characteristics of USA Mortgage Characteristics of Bangladesh Top Mortgage Lenders in USA (Private Agency) Top Mortgage Lenders in USA (Govt. Agency) Top Mortgage Lenders in Bangladesh Loan process for mortgage in Bangladesh Loan Process for mortgage in USA Types of mortgage in BD Types of mortgages in USA

Mortgage Characteristics of USA

LienCollateralDown paymentMortgage MaturitiesAmortizedBalloon Payment MortgageOther FeesAmortization Schedule

Mortgage Characteristics of Bangladesh A mortgage is an actual transfer of equitable interest in immovable property

(land building).

The transfer is of a specific moveable property for obtaining loan.

The purpose of mortgage is to secure a debt. In case the loan is taken to

discharge a debt it is then not a mortgage.

Since the mortgage is a contract, it cannot be carried out by a minor mortgagor

(Borrower).

The mortgaged documents must be registered.

The documents of mortgage will only be effective if they are properly

executed.

Top Mortgage Lenders in USA (Private Agency)

Bank of America Home LoansAmerican Advisors GroupHome Capital GroupCheltenham & GloucesterDi techGMAC Res CapMCAP (company) JPMorgan ChaseNational City Corp.Paramount Equity

Top Mortgage Lenders in USA (Govt. Agency)

Fannie Mae (FNMA)

to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-

backed securities (MBS),

Ginnie Mae (GNMA)

to expand affordable housing in the United States by channeling global capital into the nation’s

housing finance markets.

Freddie Mac (FHLMC)

to expand the secondary market for mortgages in the US.

Top Mortgage Lenders in Bangladesh

Standard Chartered BankHSBC BankCity BankBRAC Bank Ltd.Mutual Trust Bank LtdDhaka Bank LtdEastern Bank LtdDBBLIFIC Bank Ltd

Loan process for mortgage in Bangladesh

Loan productionLoan processingLoan underwritingLoan closingShipping and deliveryQuality ControlLoan Administration

Loan Process for mortgage in USA

Credit ReportsIncome AnalysisCollateralAutomated UnderwritingReduced DocumentationApproval Decision

Types of mortgage in BD

1)   Simple mortgage

2)   Mortgage by conditional sale

3)   Usufructuary mortgage

4)   English mortgage

5)   Mortgage by deposit of title- deeds

6)   Anomalous mortgage

Types of mortgages in USA

Fixed rate MortgageAdjustable Rate MortgageInterest only LoanVeterans administration (VA)LoansFederal Housing AdministrationSubprime MortgageJumbo MortgageBalloon Mortgage