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New Consumer Article: Mortgage Fraud Is Still Happening - What To

New Consumer Article: Mortgage Fraud Is Still Happening - What To

This is a discussion on New Consumer Article: Mortgage Fraud Is Still Happening - What To within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The new consumer article for the day is Mortgage Fraud Is Still Happening - What To Do About It. There ...

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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, 03:24 PM

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New Consumer Article: Mortgage Fraud Is Still Happening - What To ...

The new consumer article for the day is Mortgage Fraud Is Still Happening - What To Do About It. There are still tricks that the less scrupulous agents and loan officers are pulling that are just as fraudulent as at the height of the b.../b

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