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The Mortgages Guide » Blog Archive » Mortgage Agency Gets $7.3Bln

This is a discussion on The Mortgages Guide » Blog Archive » Mortgage Agency Gets $7.3Bln within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The agency, also known as AIZhK, a state-owned company charged with the development of the home loan market, earlier said ...


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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, 06:01 AM
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Default The Mortgages Guide » Blog Archive » Mortgage Agency Gets $7.3Bln

The agency, also known as AIZhK, a state-owned company charged with the development of the home loan market, earlier said it plans to place its own bmortgage/b-backed securities by swapping them for a pool of bmortgages/b from commercial b.../b

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