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Real C#39;ville - The Bubble Blog: Investor Sues to Block Mortgage

Real C#39;ville - The Bubble Blog: Investor Sues to Block Mortgage

This is a discussion on Real C#39;ville - The Bubble Blog: Investor Sues to Block Mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Mortgage rates dropped last week on news that the Fed Gov will buy an additional $600 Billion in debt. Mortgage ...

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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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12-02-2008, 03:29 AM

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Real C#39;ville - The Bubble Blog: Investor Sues to Block Mortgage ...

Mortgage rates dropped last week on news that the Fed Gov will buy an additional $600 Billion in debt. Mortgage rates immediately dropped to 5.5% on a 30 yr. fixed and are expected to go lower. We're taking the occasion to once again b.../b

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block, blog, bubble, c#39ville, investor, mortgage, real, sues

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