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The Ninth Edition of this popular casebook retains the basic organisation and coverage of its predecessors, but comprehensively addresses the tremendous changes that have occurred in the past five years in real estate finance and in the real estate industry.

Provides current, expert coverage on the law of mortgages, including the mortgagor-mortgagee relationship prior to foreclosure, mortgage substitutes, transfers by the mortgagor, transfers by the mortgagee, payment and prepayment, the foreclosure process, deficiency judgments and anti-deficiency regulation, priority issues, governmental intervention in the mortgage market, and financing real estate construction.