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Florida real estate: Mortgage fraud continues in 2008

Florida real estate: Mortgage fraud continues in 2008

This is a discussion on Florida real estate: Mortgage fraud continues in 2008 within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Amazingly bmortgage/b fraud not only continues but increased during the second quarter of 2008 according to a report conducted by ...

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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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12-04-2008, 03:55 AM

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Florida real estate: Mortgage fraud continues in 2008

Amazingly bmortgage/b fraud not only continues but increased during the second quarter of 2008 according to a report conducted by Mortgage Asset Research Institute (MARISM). Sadly, Florida led the way. Related Florida real estate views: b.../b

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2008, continues, estate, florida, fraud, mortgage, real

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