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Mortgage Securities and Porn Videos

Mortgage Securities and Porn Videos

This is a discussion on Mortgage Securities and Porn Videos within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; He means that they didn't heed his warnings of a housing bubble. My complaint is about the groupthink that says ...

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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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11-02-2008, 12:06 AM

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Mortgage Securities and Porn Videos

He means that they didn't heed his warnings of a housing bubble. My complaint is about the groupthink that says we really, really must revive the bmortgage/b securities industry. Instead, I suggest thinking...

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