One of the most credible and current California finance texts available today.  The authors have updated and streamlined the text with a highly practical approach and included more diagrams to improve understanding.  Negative amortized loans, sub-prime loans, and predatory lending, as well as the controversial yield spread premiums are now included as well.  The new Uniform Residential Appraisal Report and Uniform Residential Loan Application forms have also been added.  Each chapter is self-contained, allowing readers to address topics of pertinent interest and immediate application.  Finally, the text now includes two particularly useful features:  a complete glossary and a section devoted to the use and application of the financial calculator to solve complex real estate math problems.