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Stone Water Mortgage

This is a discussion on Stone Water Mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Below is an email sent from Karl Young the CEO of Stone Water Mortgage formerly of First Magnus Financial. Sounds ...

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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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11-13-2008, 04:04 AM

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Stone Water Mortgage

Below is an email sent from Karl Young the CEO of Stone Water Mortgage formerly of First Magnus Financial. Sounds like another email before shutting down like they did at First Magnus. Karl is a piece of work, he should be in used car b.../b

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