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Prince William Co. Eyes Foreclosure, Affordable Housing Relief

Prince William Co. Eyes Foreclosure, Affordable Housing Relief

This is a discussion on Prince William Co. Eyes Foreclosure, Affordable Housing Relief within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1 Comment, last updated on Monday May 19 by the inmigrant More... (Source: Topxi.com) ...

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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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05-20-2008, 01:26 AM

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Prince William Co. Eyes Foreclosure, Affordable Housing Relief

1 Comment, last updated on Monday May 19 by the inmigrant

More...

(Source: Topxi.com)

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affordable, eyes, foreclosure, housing, prince, relief, william

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