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A comparative study of Mortgage Market in both USA & Bangladesh
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A comparative study of Mortgage Market in both USA & Bangladesh

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  • 1. Our Presentation Presented By ‘Invincible’
  • 2. A Comparative Study on Mortgage Market of USA and Bangladesh
  • 3. Group Member Name ID Ishak 11302026 Sharmin Sultana 11302030 Sabbir ahmed 11202148 Moshfiqur Rahman 11202123 Tushar Ahmed 12102067
  • 4. 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
  • 5. Mortgage Characteristics of USA  Lien  Collateral  Down payment  Mortgage Maturities  Amortized  Balloon Payment Mortgage  Other Fees  Amortization Schedule
  • 6. 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.
  • 7. Top Mortgage Lenders in USA (Private Agency) Bank of America Home Loans American Advisors Group Home Capital Group Cheltenham & Gloucester Di tech GMAC Res Cap MCAP (company) JPMorgan Chase National City Corp. Paramount Equity
  • 8. 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.
  • 9. Top Mortgage Lenders in Bangladesh Standard Chartered Bank HSBC Bank City Bank BRAC Bank Ltd. Mutual Trust Bank Ltd Dhaka Bank Ltd Eastern Bank Ltd DBBL IFIC Bank Ltd
  • 10. Loan process for mortgage in Bangladesh Loan production Loan processing Loan underwriting Loan closing Shipping and delivery Quality Control Loan Administration
  • 11. Loan Process for mortgage in USA Credit Reports Income Analysis Collateral Automated Underwriting Reduced Documentation Approval Decision
  • 12. 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
  • 13. Types of mortgages in USA Fixed rate Mortgage Adjustable Rate Mortgage Interest only Loan Veterans administration (VA)Loans Federal Housing Administration Subprime Mortgage Jumbo Mortgage Balloon Mortgage