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First Trust/FIDAC Mortgage Income Fund Declares Monthly ...

First Trust/FIDAC Mortgage Income Fund Declares Monthly ...

This is a discussion on First Trust/FIDAC Mortgage Income Fund Declares Monthly ... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; LISLE, Ill.--(BUSINESS WIRE)--First Trust/FIDAC Mortgage Income Fund (the "Fund") (NYSE: FMY) today declared the Fund’s regularly scheduled monthly. More... (Source: ...

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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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02-20-2008, 10:25 PM

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First Trust/FIDAC Mortgage Income Fund Declares Monthly ...

LISLE, Ill.--(BUSINESS WIRE)--First Trust/FIDAC Mortgage Income Fund (the "Fund") (NYSE: FMY) today declared the Fund’s regularly scheduled monthly.

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(Source: Google Blog Search)

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