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Straight Talk About Mortgages and Real Estate \| A Sad Day for

Straight Talk About Mortgages and Real Estate | A Sad Day for

This is a discussion on Straight Talk About Mortgages and Real Estate | A Sad Day for within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; One of the first finance blogs that I ever had the chance to read and in my mind, one of ...

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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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12-01-2008, 03:16 AM

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Straight Talk About Mortgages and Real Estate | A Sad Day for ...

One of the first finance blogs that I ever had the chance to read and in my mind, one of the best, Calculated Risk, lost one of their writers in a battle with.

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