		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Upside-Down Mortgages and Sinking Home Prices

Upside-Down Mortgages and Sinking Home Prices

This is a discussion on Upside-Down Mortgages and Sinking Home Prices within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; If the 20 million figure is correct, then about 43% of all mortgage -owing households would be stuck with underwater ...

Google Ads Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

03-12-2008, 06:07 AM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,772.00
How To Earn By Posting?

Upside-Down Mortgages and Sinking Home Prices

If the 20 million figure is correct, then about 43% of all mortgage-owing households would be stuck with underwater mortgages. But this assumes conditions of 2000, before the really maniacal phase of the bubble took place. ...

More...

(Source: Google Blog Search)

Tags

home, mortgages, prices, sinking, upsidedown

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Downloads Upside Down Car Loans 1.0 - Upside Down Car Loan toolbar	Administrator	Mortgage Calculator	0	12-08-2008 07:40 AM
Open Question: 800 billion from Treasury: help upside down mortgages?	Administrator	Mortgage Refinancing	0	11-26-2008 10:00 PM
Can I Refinance my Mortgage If My Home Is Underwater or Upside Down?	Administrator	Mortgage Refinancing	0	11-10-2008 04:37 AM
Can I Refinance my Mortgage If My Home Is Underwater or Upside Down?	Administrator	Mortgage Refinancing	1	11-09-2008 11:29 PM
Mortgage Lenders Have Sinking Stock Prices	Administrator	Mortgage Know-How	0	10-31-2008 09:46 AM

Bookmark this thread

Share |

« Free Home Tools | Mortgage Blog »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion Upside-Down Mortgages and Sinking Home Prices in printable format

All times are GMT. The time now is 11:06 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive