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On the brink of foreclosure, homeowners find a helping handThis is a discussion on On the brink of foreclosure, homeowners find a helping hand within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1 Comment, last updated on Wednesday Dec 5 by Anne More... (Source: Topxi.com) ... |
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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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12-05-2007, 04:53 PM
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On the brink of foreclosure, homeowners find a helping hand
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01-16-2011, 08:08 PM
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All the rules have changed in the last couple of months. Lending banks are now being held accountable for the trap they set, borrowing money they didn't themselves have, while using loose and illegal practices in the process. The massive lawsuit against Wells Fargo / Wachovia, Indymac / OneWest bank, Citibank, Bank of America, JP Morgan Chase, GMAC..............can actually, not only put a stop to your foreclosure, but also pause your house payments with no loss to you............
Call (323) 519-0837
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01-18-2011, 03:06 PM
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Well, actually, I'm not a spam. and it's not a scam either. This massive lawsuit against all lending banks is going viral this week. You'll be hearing a lot about it. Cussing me out isn't really a nice response, but I do understand how many people have been screwed by foreclosure help frauds.
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| brink, find, foreclosure, hand, helping, homeowners |
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