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National Mortgage Originator Launches Green Program

National Mortgage Originator Launches Green Program

This is a discussion on National Mortgage Originator Launches Green Program within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1st Metropolitan Mortgage , a national mortgage originator, committed to be more environmentally friendly through its new BrightGreen Mortgage program, ...

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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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10-06-2008, 02:36 PM

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National Mortgage Originator Launches Green Program

1st Metropolitan Mortgage, a national mortgage originator, committed to be more environmentally friendly through its new BrightGreen Mortgage program, according to Market Watch. The company estimates that about 500 pieces of paper are ...

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