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Cllr Joe Ryan#39;s Blog: Bank raid hits mortgage holders for millions

Cllr Joe Ryan#39;s Blog: Bank raid hits mortgage holders for millions

This is a discussion on Cllr Joe Ryan#39;s Blog: Bank raid hits mortgage holders for millions within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; December (4). O'Leary's Aer Lingus move flies in the face of com... Lenihan’s retro analysis means its back to 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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12-05-2008, 06:57 PM

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Cllr Joe Ryan#39;s Blog: Bank raid hits mortgage holders for millions

December (4). O'Leary's Aer Lingus move flies in the face of com... Lenihan’s retro analysis means its back to the fut... Dunnes Stores Better Value beaten, selling out ear... Bank raid hits bmortgage/b holders for millions b.../b

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bank, blog, cllr, hits, holders, joe, millions, mortgage, raid, ryan#39s

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