Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

HUD Chief: McCain’s Mortgage Plan Sucks

This is a discussion on HUD Chief: McCain’s Mortgage Plan Sucks within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; McCain’s plan to buy up bad bmortgages/b evidently sucks so bad, the current Housing and Urban Development Manager thinks it’sa ...


Google Ads
Advertisement

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.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 10-22-2008, 01:37 PM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 186,868.65
How To Earn By Posting?
Default HUD Chief: McCain’s Mortgage Plan Sucks

McCain’s plan to buy up bad bmortgages/b evidently sucks so bad, the current Housing and Urban Development Manager thinks it’sa bad idea. I know what you’re thinking - “John, isn’t the whole Federal bailout plan to buy up bad bmortgages/b? b.../b

More...

(Source: Google Blog Search)
Reply With Quote

Tags
chief, hud, mccain’s, mortgage, plan, sucks


Similar Threads
Thread Thread Starter Forum Replies Last Post
Housing chief questions McCain#39;s mortgage proposal Administrator Mortgage Know-How 0 10-21-2008 09:23 PM
HUD Chief Questions McCain’s Bold Mortgage Plan Administrator Mortgage Know-How 0 10-21-2008 04:36 PM
HUD chief questions McCain#39;s mortgage plan Administrator Mortgage Know-How 0 10-21-2008 02:54 PM
McCain’s Mortgage Plan a “Concern” for HUD Chief Administrator Mortgage Know-How 0 10-21-2008 11:45 AM
McCain’s Mortgage Plan a “Concern” for HUD Chief Administrator Mortgage Know-How 0 10-21-2008 11:45 AM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion HUD Chief: McCain’s Mortgage Plan Sucks in printable format

All times are GMT. The time now is 06:11 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive