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One and a Half Resons Why I am Wrong On Homeowner Mortgage Relief

This is a discussion on One and a Half Resons Why I am Wrong On Homeowner Mortgage Relief within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Scrooge on government-sponsoredhomeowner bmortgage/b relief: most of these people took knowable risks that turned out badly: too bad, but that's ...


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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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Old 10-07-2008, 05:28 AM
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Default One and a Half Resons Why I am Wrong On Homeowner Mortgage Relief

Scrooge on government-sponsoredhomeowner bmortgage/b relief: most of these people took knowable risks that turned out badly: too bad, but that's life. Here are one and a half reasons why I may be wrong. One reaason: in a sane market, b.../b

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half, homeowner, mortgage, relief, resons, wrong


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