 |
|
|||||||
The Common Room: Car Czar and Defaulting Mortgage OwnersThis is a discussion on The Common Room: Car Czar and Defaulting Mortgage Owners within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Many borrowers redefault even after their bmortgages/b are restructured. Because maybe they're defaulting because they have more house than they ... |
|
Google Ads
Advertisement
|
|
| 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. |
 |
|
|
LinkBack | Thread Tools | Display Modes |
12-08-2008, 10:40 PM
|
|||
|
|||
The Common Room: Car Czar and Defaulting Mortgage Owners
Many borrowers redefault even after their bmortgages/b are restructured. Because maybe they're defaulting because they have more house than they could afford (which, incidentally, we do, too, it happens)? WHO KNEW? b.../b
More... (Source: Google Blog Search) 
|
| Tags |
| car, common, czar, defaulting, mortgage, owners, room |
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Is obtaining a cash-out refinance before intentionally defaulting | Administrator | Mortgage Refinancing | 0 | 10-14-2008 11:55 PM |
| Is obtaining a cash-out refinance before intentionally defaulting … | Administrator | Mortgage Refinancing | 0 | 10-14-2008 11:55 PM |
| Fw: Jacko Defaulting on Another Mortgage (antiMUSIC) | Administrator | Mortgage Know-How | 0 | 03-26-2008 12:01 AM |
| Comment on The New Morality: Is Defaulting on a Mortgage Now Ok ... | Administrator | Mortgage Know-How | 0 | 01-29-2008 12:18 AM |
| Hair Fall - Common Problem, Common Solutions | Administrator | Credit Problems and Repair | 0 | 10-22-2007 01:37 AM |
| Bookmark this thread |
|
«
Mortgage Rate Proposal Should Make 4.5% Mortgage Rate Available To
|
Dismal.com - Mortgage-Mod Conundrum
»
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| Display Modes | |
Linear Mode
|
|
All times are GMT. The time now is 12:23 AM.
Designed By: ForumThemes.com
Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
