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Private Commercial Mortgage Loans - Banks Are Not Lending, Hard

Private Commercial Mortgage Loans - Banks Are Not Lending, Hard

This is a discussion on Private Commercial Mortgage Loans - Banks Are Not Lending, Hard within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Lehman Brothers will not live to see its 159th birthday. Merrill Lynch will continue to exist in brand name 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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11-26-2008, 12:44 AM

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Private Commercial Mortgage Loans - Banks Are Not Lending, Hard ...

Lehman Brothers will not live to see its 159th birthday. Merrill Lynch will continue to exist in brand name only. The recent turmoil on Wall Street is just more.

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banks, commercial, hard, lending, loans, mortgage, private

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