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Bailout Crisis - Real Estate, Taxes and the Mortgage Crisis

Bailout Crisis - Real Estate, Taxes and the Mortgage Crisis

This is a discussion on Bailout Crisis - Real Estate, Taxes and the Mortgage Crisis within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; by George Evers Are financial leaders have proven themselves to be a band of numbskulls. The leadership offered is a ...

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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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11-30-2008, 04:59 AM

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Bailout Crisis - Real Estate, Taxes and the Mortgage Crisis ...

by George Evers Are financial leaders have proven themselves to be a band of numbskulls. The leadership offered is a socialist vs. a watered down free market.

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bailout, crisis, estate, mortgage, real, taxes

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