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Lehman Mortgage Capital Chief Retiring?

This is a discussion on Lehman Mortgage Capital Chief Retiring? within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Ted Janulis, global head of mortgage capital and a longtime executive at Lehman Brothers, is said to be retiring. More... ...


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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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Old 08-22-2008, 07:31 PM
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Default Lehman Mortgage Capital Chief Retiring?

Ted Janulis, global head of mortgage capital and a longtime executive at Lehman Brothers, is said to be retiring.

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