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Reverse Mortgage Originator (5372)This is a discussion on Reverse Mortgage Originator (5372) within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Solicits reverse mortgages through contacts with elder law attorneys, senior based community organizations, office of the aging, banks, credit unions, ... |
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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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11-19-2007, 09:04 PM
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Reverse Mortgage Originator (5372)
Solicits reverse mortgages through contacts with elder law attorneys, senior based community organizations, office of the aging, banks, credit unions, mortgage companies that do not offer this reverse mortgage product and local tax ...
More... (Source: Google Blog Search) 
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| 5372, mortgage, originator, reverse |
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