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Best Place for Information of Subprime Mortgage and Subprime

Best Place for Information of Subprime Mortgage and Subprime

This is a discussion on Best Place for Information of Subprime Mortgage and Subprime within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; If you want to get information about subprime bmortgage/b, then you can get information about it from http://www.subprimemortgageinformati...rime-meltdown/ . This ...

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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, 02:30 PM

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Best Place for Information of Subprime Mortgage and Subprime ...

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