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The SOLUTION to the mortgage mess! « The Business Blog @ Capital

The SOLUTION to the mortgage mess! « The Business Blog @ Capital

This is a discussion on The SOLUTION to the mortgage mess! « The Business Blog @ Capital within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Miss a few credit card payments, or a car payment, then get a bit behind on your bmortgage/b the only ...

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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, 08:53 AM

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The SOLUTION to the mortgage mess! « The Business Blog @ Capital ...

Miss a few credit card payments, or a car payment, then get a bit behind on your bmortgage/b the only loan you can get it either a short term payday loan or a credit card for $500 at 24% interest, and both of these help little to stop b.../b

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