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Business Trend » Blog Archive » Solution for Poor Credit MortgageThis is a discussion on Business Trend » Blog Archive » Solution for Poor Credit Mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; There are many poor credit bmortgage/b loans stories which we can see and hear from our neighbors because of 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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12-03-2008, 02:00 PM
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Business Trend » Blog Archive » Solution for Poor Credit Mortgage ...
There are many poor credit bmortgage/b loans stories which we can see and hear from our neighbors because of the economic crisis like today. It is the worst recession and crisis since the Great Depression.
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| archive, blog, business, credit, mortgage, poor, solution, trend |
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