		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Risky mortgage lending by mutuals drives consolidation

Risky mortgage lending by mutuals drives consolidation

This is a discussion on Risky mortgage lending by mutuals drives consolidation within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; From FT: The recent spate of takeover deals among the UK’s 59 building societies has been triggered by the unwise ...

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.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-27-2008, 07:37 AM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,872.10
How To Earn By Posting?

Risky mortgage lending by mutuals drives consolidation

From FT: The recent spate of takeover deals among the UK’s 59 building societies has been triggered by the unwise diversification of mutuals into riskier bmortgage/b lending during the housing boom. (more…)

More...

(Source: Google Blog Search)

Tags

consolidation, drives, lending, mortgage, mutuals, risky

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
SEC changing rules for mutuals	Administrator	Mortgage Know-How	0	01-26-2008 08:29 PM
Refinancing Drives Increase in Mortgage Applications	Administrator	Mortgage Know-How	0	01-23-2008 09:05 PM
Will Fed move to curb risky lending?	Administrator	Mortgage Know-How	0	12-21-2007 04:42 PM
04. How Real Estate Drives the Interest Only Mortgage Market	Administrator	Mortgage Know-How	0	12-16-2007 03:04 AM
Refi Activity Drives Mortgage Applications Up	Administrator	Mortgage Know-How	0	10-31-2007 03:02 PM

Bookmark this thread

Share |

« Commercial Mortgage Refinance | Mortgage Threat From Hedge Funds Irks Democrats »

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

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

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 Forum Rules

Discussion Risky mortgage lending by mutuals drives consolidation in printable format

All times are GMT. The time now is 06:44 AM.

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