California's unique financing system makes it vital for real estate professionals to understand the many options available to homebuyers. Combining state specific information with sound finance principals, this easy to read text explores the impact of financial markets on real estate transactions and discusses the growing role of technology in financing. Chapters include: * Introduction * Lesson Assignments * Chapter One: Nature and Cycle of California RealEstate Finance. * Chapter Two: Money and the Monetary System * Chapter Three: Fiduciary Sources For Real EstateFinance. * Chapter Four: Semifiduciary and Nonfiduciary Sourcesfor Real Estate Finance. * Chapter Five: Conventional, Insured and GuaranteedLoans. * Chapter Six: Federal and State Financial Regulationsand Lending Programs. * Chapter Seven: Junior Real Estate Finance * Chapter Eight: Contemporary Real Estate Finance * Chapter Nine: Instruments of Real Estate Finance * Chapter Ten: Real Estate Loan Underwriting * Chapter Eleven: Processing Real Estate Loans * Chapter Twelve: The Secondary Mortgage and TrustDeed Markets. * Chapter Thirteen: Defaults and Foreclosures * Chapter Fourteen: Investment Financing Strategies * Chapter Fifteen: Mathematics of Real Estate Finance There are also exams and answer keys (PIN Access Only) Plus a chapter quiz at the end of each chapter.