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Straight Talk About Mortgages and Real Estate : Take the

Straight Talk About Mortgages and Real Estate : Take the

This is a discussion on Straight Talk About Mortgages and Real Estate : Take the within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Take the foreclosure and run : HousingWire || financial news for the bmortgage/b market. The below has been circulating today ...

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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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11-22-2008, 01:50 PM

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Straight Talk About Mortgages and Real Estate : Take the ...

Take the foreclosure and run : HousingWire || financial news for the bmortgage/b market. The below has been circulating today around various Wall Street types, and I’m not at liberty to share the source. But enjoy the Steve Miller send-up, b.../b

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