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Online Credit and Mortgage Scams: Was Your Loan Sold to a New Bank?This is a discussion on Online Credit and Mortgage Scams: Was Your Loan Sold to a New Bank? within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Recently, one of the most prevalent schemes has been to send scam emails about home mortgage information. There are five ... |
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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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11-07-2007, 11:34 AM
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Online Credit and Mortgage Scams: Was Your Loan Sold to a New Bank?
Recently, one of the most prevalent schemes has been to send scam emails about home mortgage information. There are five main approaches scammers use to try to dupe you out of your personal information. Fix Your Credit in 24 Hours The ...
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| bank, credit, loan, mortgage, online, scams, sold |
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