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Hedge Funds Investing In Delinquent Mortgages (NBC 5 Chicago)

Hedge Funds Investing In Delinquent Mortgages (NBC 5 Chicago)

This is a discussion on Hedge Funds Investing In Delinquent Mortgages (NBC 5 Chicago) within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Guess who holds your mortgage now? It's your friendly neighborhood hedge fund. More... (Source: Google Blog Search) ...

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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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07-31-2008, 01:28 AM

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Hedge Funds Investing In Delinquent Mortgages (NBC 5 Chicago)

Guess who holds your mortgage now? It's your friendly neighborhood hedge fund.

More...

(Source: Google Blog Search)

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chicago, delinquent, funds, hedge, investing, mortgages, nbc

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