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Still time! Mortgage, homeowner workshop today, 2-8pm : Writes

Still time! Mortgage, homeowner workshop today, 2-8pm : Writes

This is a discussion on Still time! Mortgage, homeowner workshop today, 2-8pm : Writes within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; At these events, homeowners at risk of foreclosure can sit face-to-face with representatives from their lending bank to discuss what ...

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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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11-19-2008, 05:40 PM

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Still time! Mortgage, homeowner workshop today, 2-8pm : Writes ...

At these events, homeowners at risk of foreclosure can sit face-to-face with representatives from their lending bank to discuss what special refinancing or bmortgage/b workout programs might be available to them. b.../b

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