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Countrywide Mortgage Alert...This is a discussion on Countrywide Mortgage Alert... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; There are 2 replies, with the last one on 09/13/2008 at 13:30:19 by Breadburner Quote: You might call them and ... |
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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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09-13-2008, 07:29 PM
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Countrywide Mortgage Alert...
There are 2 replies, with the last one on 09/13/2008 at 13:30:19 by Breadburner Quote: You might call them and check...This letter was innocuous looking like the rest of the crap you get and shred or throw out....
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