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How To Spot A Good Mortgage Broker

How To Spot A Good Mortgage Broker

This is a discussion on How To Spot A Good Mortgage Broker within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The fact that the FBI is investigating some of the major lending institutions and bmortgage/b loan brokers should tell you ...

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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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12-08-2008, 12:02 AM

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How To Spot A Good Mortgage Broker

The fact that the FBI is investigating some of the major lending institutions and bmortgage/b loan brokers should tell you that the majority of brokers are only concerned with their own wellbeing. Mortgage brokers are regulated by state b.../b

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