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Reverse Mortgage Job - Chicago, IL - Posted 8/25/08

Reverse Mortgage Job - Chicago, IL - Posted 8/25/08

This is a discussion on Reverse Mortgage Job - Chicago, IL - Posted 8/25/08 within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Pan American Mortgage , LLC, a wholly owned subsidiary of Pan American Bank, is seeking a Reverse Mortgage expert to ...

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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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08-25-2008, 08:15 PM

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Reverse Mortgage Job - Chicago, IL - Posted 8/25/08

Pan American Mortgage, LLC, a wholly owned subsidiary of Pan American Bank, is seeking a Reverse Mortgage expert to build and lead a reverse mortgage division for our growing bank and mortgage subsidiary. Pan American Mortgage is among ...

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