Home Mortgage Articles

Australian households saving less: ING ebt (35 per cent), slightly ahead of the home mortgage (33 per cent), bank loans (18 per cent), car finance (11 per cent)

Home mortgage refinance loan - Germantown Home Mortgage - Providing mortgage loans and information in Tennessee Home mortgage refinance loan - Germantown Home Mortgage - Providing mortgage loans and information in Tennessee Filed under: Home Mortgage —...

Home Mortgage: Help, How To, Tips and Advice

Home Mortgage Resources

Tax Topics - Topic 504 Home Mortgage Points The term "points" is used to describe certain charges paid to obtain a home mortgage. Points may be deductible as home mortgage interest, if you

County Obituaries Citizens National Bank of Dallas, and Home Mortgage and Investment Company. He was a vice president and member of the board of directors

More Information

Operation of the mortgage

The borrower (also called the mortgagor) uses a mortgage to pledge real property to the lender (also called the mortgagee) as security against the debt (also called hypothecation) for the rest of the value of the property. In legal terms, the creation of a mortgage gives the ''legal title'' of the land to the mortgagee and an ''equitable title'' (called "equity of redemption") to the mortgagor. The legal title, however, only exists as a security for a debt and does not convey any title or powers associated with real property.
Article from Wikipedia licensed under GNU Free Documentation License.

Links

Last Updated August 11, 2005