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US Plans Recapitalization Plan For Financial Firms

US Plans Recapitalization Plan For Financial Firms

This is a discussion on US Plans Recapitalization Plan For Financial Firms within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; clipped from www.cnbc.comUS Plans Recapitalization Plan For Financial FirmsAs the financial crisis threatens to spiral out of control, U.S. Treasury ...

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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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10-11-2008, 11:58 AM

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US Plans Recapitalization Plan For Financial Firms

clipped from www.cnbc.comUS Plans Recapitalization Plan For Financial FirmsAs the financial crisis threatens to spiral out of control, U.S. Treasury Secretary Henry Paulson is taking extraordinary steps through the extensive authority granted to him under emergency rescue legislation. US Plans Recapitalization Plan For Financial FirmsAs the financial crisis threatens to spiral out of [...]

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