Answer Happy

What is "secondary financing?" A loan that draws on homeowner equity to finance updating or adding to a home. A loan to cover purchase costs that are not covered by the primary loan. A system of packaging mortgage loans to be sold in the secondary mortgage market. A loan given at a relatively high interest rate to a borrower who doesn't meet conventional guidelines.

A landlord can evict a tenant for failure to pay rent, but may not change locks, intending to lock out the tenant. sell the building. enter the premises during the tenancy. charge a late fee for the past due rent.