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National Reverse Mortgage Lenders Association EXCORIATES NBC News ...This is a discussion on National Reverse Mortgage Lenders Association EXCORIATES NBC News ... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The segment was misleading, incorporating a tone that would leave viewers with a strong impression there are rampant problems in ... |
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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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01-17-2008, 02:57 PM
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National Reverse Mortgage Lenders Association EXCORIATES NBC News ...
The segment was misleading, incorporating a tone that would leave viewers with a strong impression there are rampant problems in the reverse mortgage industry, that many consumers “don’t know what they are getting into” and that they ...
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| association, excoriates, lenders, mortgage, national, nbc, news, reverse |
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