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Swiss Atlantic Securities AG - NM Mortgage Finance Authority

Swiss Atlantic Securities AG - NM Mortgage Finance Authority

This is a discussion on Swiss Atlantic Securities AG - NM Mortgage Finance Authority within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The housing market has changed, and so has the role of the New Mexico Mortgage Finance Authority . The quasi-government/quasi-nonprofit ...

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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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11-17-2008, 01:17 PM

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Swiss Atlantic Securities AG - NM Mortgage Finance Authority ...

The housing market has changed, and so has the role of the New Mexico Mortgage Finance Authority . The quasi-government/quasi-nonprofit has long helped New Mexicans obtain bmortgages/b and spurred development of affordable housing b.../b

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atlantic, authority, finance, mortgage, securities, swiss

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