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Can’t Afford Your Mortgage - Help Is Here

This is a discussion on Can’t Afford Your Mortgage - Help Is Here within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The Hope for Homeowners program will continue FHA’S existing and successful efforts to provide aid to struggling families trapped in ...


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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 10-20-2008, 02:14 AM
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Default Can’t Afford Your Mortgage - Help Is Here

The Hope for Homeowners program will continue FHA’S existing and successful efforts to provide aid to struggling families trapped in bmortgages/b they currently cannot afford. Under the program, certain borrowers facing difficulty with b.../b

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