REAL ESTATE FINANCE, 9e provides a contemporary review of residential and commercial real estate finance and how these financial markets work. The text has been fully updated reflecting current principles and practices of modern real estate finance resulting from the recent financial crisis and mortgage meltdown. It provides coverage of specialized mortgage lending procedures - including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices today. An easy-to-read narrative format continues to be the hallmark of this long-time popular real estate finance text