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Business and Finance Blog » Archive » MBA Mortgage ApplicationsThis is a discussion on Business and Finance Blog » Archive » MBA Mortgage Applications within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Weekly bmortgage/b applications in the United States increased in the week ending Nov. 21, according to data released from 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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11-27-2008, 07:37 PM
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Business and Finance Blog » Archive » MBA Mortgage Applications ...
Weekly bmortgage/b applications in the United States increased in the week ending Nov. 21, according to data released from the Mortgage Bankers’ Association (MBA) on Wednesday, which reported a 1.5% week-over-week rise in applications. b.../b
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| applications, archive, blog, business, finance, mba, mortgage |
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