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Florida Foreclosures » Blog Archive » How bad is Oregon#39;s mortgage

Florida Foreclosures » Blog Archive » How bad is Oregon#39;s mortgage

This is a discussion on Florida Foreclosures » Blog Archive » How bad is Oregon#39;s mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; How bad is Oregon's bmortgage/b market? The Oregonian - OregonLive.com, OR - 17 minutes ago. California and Florida accounted for ...

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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, 01:13 AM

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Florida Foreclosures » Blog Archive » How bad is Oregon#39;s mortgage ...

How bad is Oregon's bmortgage/b market? The Oregonian - OregonLive.com, OR - 17 minutes ago. California and Florida accounted for nearly one-third of all new foreclosures in the third quarter. The home bmortgage/b market troubles started b.../b

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