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Treasury, FDIC Considering Plan To Guarantee Millions Of Mortgages

Treasury, FDIC Considering Plan To Guarantee Millions Of Mortgages

This is a discussion on Treasury, FDIC Considering Plan To Guarantee Millions Of Mortgages within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The unmitigated gaul of these fracks to try and weasal out of their bad decision wether it be the borrower ...

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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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10-30-2008, 05:40 AM

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Treasury, FDIC Considering Plan To Guarantee Millions Of Mortgages

The unmitigated gaul of these fracks to try and weasal out of their bad decision wether it be the borrower or banks/bmortgage/b holder. Let's get this over with NOW,this nothing but postphoning the envitable.This is nothing but political b.../b

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fdic, guarantee, millions, mortgages, plan, treasury

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