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Ukraine unlikely to face mortgage crisis, says banking expert

Ukraine unlikely to face mortgage crisis, says banking expert

This is a discussion on Ukraine unlikely to face mortgage crisis, says banking expert within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; August 27, 2008 KYIV - Ukraine is unlikely to face mortgage crisis, according to the press … Read the rest ...

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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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09-03-2008, 04:50 AM

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Ukraine unlikely to face mortgage crisis, says banking expert

August 27, 2008 KYIV - Ukraine is unlikely to face mortgage crisis, according to the press … Read the rest of this great post here.

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