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Real Estate Blog - Will Plunging Mortgage Rates Change The Real

Real Estate Blog - Will Plunging Mortgage Rates Change The Real

This is a discussion on Real Estate Blog - Will Plunging Mortgage Rates Change The Real within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The Federal Reserve announced a $500 billion commitment to purchase bmortgage/b back securities (MBS) and a $100 billion commitment to ...

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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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11-27-2008, 12:49 PM

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Real Estate Blog - Will Plunging Mortgage Rates Change The Real ...

The Federal Reserve announced a $500 billion commitment to purchase bmortgage/b back securities (MBS) and a $100 billion commitment to purchase debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks. This infusion of capital into b.../b

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