		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Big banks push forgiving large credit debt

Big banks push forgiving large credit debt

This is a discussion on Big banks push forgiving large credit debt within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1 Comment, last updated on Friday Oct 31 by Keith More... (Source: Topxi.com) ...

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)

10-31-2008, 11:15 PM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,875.20
How To Earn By Posting?

Big banks push forgiving large credit debt

1 Comment, last updated on Friday Oct 31 by Keith

More...

(Source: Topxi.com)

Tags

banks, big, credit, debt, forgiving, large, push

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Consumer debt defaults looming large	Administrator	Mortgage Know-How	0	11-24-2008 07:03 PM
Consumer debt defaults looming large	Administrator	Mortgage Know-How	0	09-11-2008 07:37 PM
Banks push for revision of proposed mortgage bill	Administrator	Mortgage Know-How	0	07-07-2008 09:14 PM
Open Question: Who are the suppliers to large commercial and mortgage banks?	Administrator	Commercial Mortgages	0	03-03-2008 06:11 PM
Open Question: To pay off large credit card debt: Refinance? HELOC? Bankruptcy?	Administrator	Mortgage Refinancing	0	02-28-2008 08:48 PM

Bookmark this thread

Share |

« It#39;s only gets worse - underwater mortgage update | Mortgage Update: Will This Crisis Ever End? - 10/22/2008 … »

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 Big banks push forgiving large credit debt in printable format

All times are GMT. The time now is 07:05 AM.

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