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» Lower mortgage rates no silver bullet - BUT HELL Their still

» Lower mortgage rates no silver bullet - BUT HELL Their still

This is a discussion on » Lower mortgage rates no silver bullet - BUT HELL Their still within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Filed under: Easy Money, Finance, Financial News, Investing, Mortgage Information , Real Estate, Real Estate Investing, economy, federal reserve, housing ...

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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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12-05-2008, 06:56 AM

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» Lower mortgage rates no silver bullet - BUT HELL Their still ...

Filed under: Easy Money, Finance, Financial News, Investing, Mortgage Information , Real Estate, Real Estate Investing, economy, federal reserve, housing crisis Tagged: 4.

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