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Johnson City mortgage broker to serve 30 days in jail in

Johnson City mortgage broker to serve 30 days in jail in

This is a discussion on Johnson City mortgage broker to serve 30 days in jail in within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; A former Johnson City bmortgage/b broker and insurance salesman will serve 30 days in jail and four years on probation ...

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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, 06:15 PM

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Johnson City mortgage broker to serve 30 days in jail in ...

A former Johnson City bmortgage/b broker and insurance salesman will serve 30 days in jail and four years on probation for a Nigerian check scam he became involved in after being convinced he had an African niece with a $6.5 million b.../b

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