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Meltdown 101: How is it that the Fed can so easily throw money ...

Meltdown 101: How is it that the Fed can so easily throw money ...

This is a discussion on Meltdown 101: How is it that the Fed can so easily throw money ... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1 Comment, last updated on Friday Nov 28 by Ron Gerken More... (Source: Topxi.com) ...

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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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11-28-2008, 02:08 PM

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Meltdown 101: How is it that the Fed can so easily throw money ...

1 Comment, last updated on Friday Nov 28 by Ron Gerken

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(Source: Topxi.com)

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101, easily, fed, meltdown, money, throw

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