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ASIC changes laws to allow mortgage fund investments to be withdrawn

ASIC changes laws to allow mortgage fund investments to be withdrawn

This is a discussion on ASIC changes laws to allow mortgage fund investments to be withdrawn within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Forum: Australian Politics Posted By: Jumpin' Jimmy Post Time: 2 Nov 2008 at 05:57. More... (Source: Google Blog Search) ...

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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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11-01-2008, 10:54 PM

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ASIC changes laws to allow mortgage fund investments to be withdrawn

Forum: Australian Politics Posted By: Jumpin' Jimmy Post Time: 2 Nov 2008 at 05:57.

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(Source: Google Blog Search)

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asic, fund, investments, laws, mortgage, withdrawn

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