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Local Updates: Philadelphia, Mortgage BrokersThis is a discussion on Local Updates: Philadelphia, Mortgage Brokers within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Report: Philadelphia Housing Prices Show First Decline In Five Years. Wharton business school economist Kevin Gillen is out with his ... |
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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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Report: Philadelphia Housing Prices Show First Decline In Five Years. Wharton business school economist Kevin Gillen is out with his latest survey of the city’s real estate market for the third quarter. Gillen finds that home prices in ...
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| brokers, local, mortgage, philadelphia, updates |
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