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Mortgage Loan Modification-Get Help to Qualify

Mortgage Loan Modification-Get Help to Qualify

This is a discussion on Mortgage Loan Modification-Get Help to Qualify within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Close to 2 million struggling homeowners are searching for help and many could benefit from a bmortgage/b loan modification. The ...

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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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11-10-2008, 08:50 PM

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Mortgage Loan Modification-Get Help to Qualify

Close to 2 million struggling homeowners are searching for help and many could benefit from a bmortgage/b loan modification. The toxic brew of a faltering economy, sliding home values and adjustable rate bmortgages/b has left homeowners with b.../b

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