7Mortgage Banking and Residential Real Estate Finance is the definitive primer for homebuyer education and advanced training for the mortgage banking industry. Its author, Patrick Mansell, CMB, spent more than forty years as a residential lender and mortgage servicer. As the CEO of a medium sized Mortgage Banking firm he was proficient in every aspect of residential lending including loan originations, secondary marketing, financial management, investor reporting, regulatory compliance, mortgage servicing, and industry-related analytics. Residential real estate finance involves many moving parts. The origination and servicing of residential mortgages involve numerous disciplines that require expertise in accounting, analytics, relationship management, regulatory compliance, quality control, data input and processing, and many other areas that, when done well, lift the housing industry and help to make more ownership available to conventional and underserved markets. Mortgage Banking and Residential Real Estate Finance details the functioning of all these disciplines and how all these moving parts work together.