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Paperless Recordation of Mortgage Docs

Paperless Recordation of Mortgage Docs

This is a discussion on Paperless Recordation of Mortgage Docs within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Subject: Paperless Recordation of Mortgage Docs Posted: Fri Jun 20, 2008 3:20 am (GMT 0) Topic Replies: 1 This topic ...

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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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06-20-2008, 05:23 AM

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Paperless Recordation of Mortgage Docs

Subject: Paperless Recordation of Mortgage Docs Posted: Fri Jun 20, 2008 3:20 am (GMT 0) Topic Replies: 1 This topic was brought up on another thread, but I thought it deserved a place of its own. I, for one, am very interested in any ...

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