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The Mortgages Guide » Blog Archive » HSBC Boosts Mortgage Funds

This is a discussion on The Mortgages Guide » Blog Archive » HSBC Boosts Mortgage Funds within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; An HSBC spokesman said the bank’s plan to increase bmortgage/b lending wasn’t in response to the government’s request, but rather ...


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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 » HSBC Boosts Mortgage Funds
An HSBC spokesman said the bank’s plan to increase bmortgage/b lending wasn’t in response to the government’s request, but rather a way to expand in an area where HSBC has traditionally held only about a 4% market share. b.../b

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