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Q1 2008 Mortgage Statistics for Florida and Tampa Bay

Q1 2008 Mortgage Statistics for Florida and Tampa Bay

This is a discussion on Q1 2008 Mortgage Statistics for Florida and Tampa Bay within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; “The market continues to see the effect of the mortgage crisis in the steeply increasing mortgage delinquency rates among borrowers ...

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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.

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05-01-2008, 04:48 PM

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Q1 2008 Mortgage Statistics for Florida and Tampa Bay

“The market continues to see the effect of the mortgage crisis in the steeply increasing mortgage delinquency rates among borrowers across the country,” said Keith Carson, a senior consultant in Trans Union’s financial services group. ...

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2008, bay, florida, mortgage, statistics, tampa

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