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Mortgage Applications Up- Hurray! « Stan Suther’s Real Estate and

Mortgage Applications Up- Hurray! « Stan Suther’s Real Estate and

This is a discussion on Mortgage Applications Up- Hurray! « Stan Suther’s Real Estate and within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Kim Peschock, our local CENTURY 21 Mortgage rep called my attention to an article at Bloomberg (financial news) that says ...

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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, 07:21 PM

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Mortgage Applications Up- Hurray! « Stan Suther’s Real Estate and ...

Kim Peschock, our local CENTURY 21 Mortgage rep called my attention to an article at Bloomberg (financial news) that says applications for new and refinance bmortgages/b have increased dramatically. It said in part, b.../b

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(Source: Google Blog Search)

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applications, estate, hurray, mortgage, real, stan, suther’s

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