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Long term measures to help HDB mortgage defaulters is best

Long term measures to help HDB mortgage defaulters is best

This is a discussion on Long term measures to help HDB mortgage defaulters is best within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; SINGAPORE : The Housing and Development Board (HDB) will continue to keep tabs on flat owners who default on their ...

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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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11-25-2008, 05:50 AM

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Long term measures to help HDB mortgage defaulters is best ...

SINGAPORE : The Housing and Development Board (HDB) will continue to keep tabs on flat owners who default on their HDB bmortgage/b payments.Source:Long term measures to help HDB bmortgage/b defaulters is best solution (Channel NewsAsia via b.../b

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defaulters, hdb, long, measures, mortgage, term

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