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“I Won’t Have to Pay My Mortgage if Obama Wins!”:

“I Won’t Have to Pay My Mortgage if Obama Wins!”:

This is a discussion on “I Won’t Have to Pay My Mortgage if Obama Wins!”: within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; “I never thought that day would ever happen when I wouldn’t have to worry about putting gas in my car, ...

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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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11-03-2008, 11:55 AM

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“I Won’t Have to Pay My Mortgage if Obama Wins!”:

“I never thought that day would ever happen when I wouldn’t have to worry about putting gas in my car, I won’t have to worry about paying my bmortgage/b, you know; if I help him, he’s going to help me.” b.../b

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mortgage, obama, pay, wins”, won’t

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