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Treasury May Buy Mortgage Debt : eMortgage Solution

This is a discussion on Treasury May Buy Mortgage Debt : eMortgage Solution within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; A plan being lobbied to the US Treasury involves them buying bmortgage/b debt in hopes of driving bmortgage/b interest rates ...


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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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Old 12-09-2008, 04:53 AM
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Default Treasury May Buy Mortgage Debt : eMortgage Solution

A plan being lobbied to the US Treasury involves them buying bmortgage/b debt in hopes of driving bmortgage/b interest rates ...

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