Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

Mortgage and Credit Crunch - It is Not Only the Home Owners Who Suffer

This is a discussion on Mortgage and Credit Crunch - It is Not Only the Home Owners Who Suffer within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; You see, we always think that it is the home owners who suffer from the mortgages due to credit crunch ...


Google Ads
Advertisement

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.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 08-29-2008, 04:06 AM
Administrator
 
Join Date: Oct 2007
Posts: 44,606
Your Earnings US $: 167,129.10
How To Earn By Posting?
Default Mortgage and Credit Crunch - It is Not Only the Home Owners Who Suffer

You see, we always think that it is the home owners who suffer from the mortgages due to credit crunch today. Well, I just learned that the employees in the business are also severely hit by the credit crunch. I admit, I personally [. ...

More...

(Source: Google Blog Search)
Reply With Quote

Tags
credit, crunch, home, mortgage, owners, suffer


Similar Threads
Thread Thread Starter Forum Replies Last Post
Home Owners Who Pay Their 1st Mortgage with a Line of Credit Can Administrator Mortgage Know-How 0 12-04-2008 01:05 PM
Home Owners Avoiding Complications in Credit Repair — by CHRISTOS Administrator Credit Problems and Repair 0 10-24-2008 10:42 AM
Credit crunch hits home Administrator Mortgage Know-How 0 10-19-2008 02:19 PM
Hawaii home owners can still get home mortgages to 7000000 Administrator Mortgage Know-How 0 07-28-2008 08:53 PM
Credit crunch hits adverse credit mortgage market says National ... Administrator Mortgage Know-How 0 11-28-2007 12:48 PM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion Mortgage and Credit Crunch - It is Not Only the Home Owners Who Suffer in printable format

All times are GMT. The time now is 08:14 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive