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Economic Bailout Update - Mortgage Bailout News - San Diego Real

Economic Bailout Update - Mortgage Bailout News - San Diego Real

This is a discussion on Economic Bailout Update - Mortgage Bailout News - San Diego Real within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Updates on the us government economic bailout program? We are updating this bailout news article daily with news on the ...

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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, 07:42 AM

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Economic Bailout Update - Mortgage Bailout News - San Diego Real ...

Updates on the us government economic bailout program? We are updating this bailout news article daily with news on the current government bailout program.

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bailout, diego, economic, mortgage, news, real, san, update

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