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Deutsche Bank boosts mortgage losses projection

Deutsche Bank boosts mortgage losses projection

This is a discussion on Deutsche Bank boosts mortgage losses projection within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Expectations of higher losses underscore the need for asweeping government proposal to relieve financial institutionsof illiquid mortgage assets choking their ...

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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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09-22-2008, 08:28 PM

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Deutsche Bank boosts mortgage losses projection

Expectations of higher losses underscore the need for asweeping government proposal to relieve financial institutionsof illiquid mortgage assets choking their balance sheets. The plan to purchase mortgage assets could unfreeze themarket ...

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