Mortgage

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Across
  1. 2. web-based system that stores most of the Bank’s mortgage information including assessable and assessed fee breakdowns.
  2. 5. is an additional insurance policy paid by the borrower to protect the lender against loss on a defaulted loan.
  3. 6. Serves as Fifth Third Bank’s Insurance Center
  4. 8. relinquishing all interest, title or claim an owner has in a property.
  5. 10. Acc that pays insurance and interest
  6. 13. value the collateral for a real estate loan closing
Down
  1. 1. where a signer(s) of a mortgage is replaced by another qualified customer
  2. 3. Cotality is Fifth Third's property tax vendor that makes and manages property taxes and any resulting servicing requests for those taxes on behalf of Fifth Third Bank
  3. 4. plans how much of each future payment will be applied to interest and how much to principal for the life of the loan.
  4. 7. A payment above and beyond the regular monthly payment that is applied to principal only.
  5. 9. the process by which the Bank endorses the check and releases the funds to the customer to make the repairs.
  6. 11. agency created for the purpose of expanding and strengthening home ownership by making financing available on a long-term payment basis.
  7. 12. are defined as beneficiaries of transfers of ownership that arise through the death of a co-owner of the property, death of a relative, result of divorce or legal separation, by a spouse or parent, or through a living trust.