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Negotiating Debts with your Mortgage Lender

Negotiating Debts with your Mortgage Lender

This is a discussion on Negotiating Debts with your Mortgage Lender within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; If you missed payments on your bmortgage/b, is it still possible to keep your lender from foreclosing your home? If ...

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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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10-29-2008, 04:46 PM

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Negotiating Debts with your Mortgage Lender

If you missed payments on your bmortgage/b, is it still possible to keep your lender from foreclosing your home? If you think that you can’t do anything to save your home, you’re mistaken. Instead of just waiting, the best thing to do is b.../b

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