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Consumer Rights League, Obama, ACORN and The SubPrime Mortgage

Consumer Rights League, Obama, ACORN and The SubPrime Mortgage

This is a discussion on Consumer Rights League, Obama, ACORN and The SubPrime Mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; ACORN Housing provides mortgage loan counseling, first-time homebuyer classes, and helps clients obtain affordable mortgages through unique lending partnerships. They ...

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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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09-28-2008, 05:18 AM

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Consumer Rights League, Obama, ACORN and The SubPrime Mortgage

ACORN Housing provides mortgage loan counseling, first-time homebuyer classes, and helps clients obtain affordable mortgages through unique lending partnerships. They even set up their own lending institution as a non-profit mortgage ...

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acorn, consumer, league, mortgage, obama, rights, subprime

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