Greystone, a commercial real estate lending, investment, and advisory company, has provided a $6.5 million Freddie Mac Small.

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Mortgage loan basics Basic concepts and legal regulation. According to Anglo-American property law, a mortgage occurs when an owner (usually of a fee simple interest in realty) pledges his or her interest (right to the property) as security or collateral for a loan. Therefore, a mortgage is an encumbrance (limitation) on the right to the property just as an easement would be, but because most.

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Banking and Finance CHARLESTON, S.C. (AP) _ Carolina Financial Corp. (CARO) on Thursday reported second-quarter profit of $15.1 million. The bank, based in Charleston, South Carolina, said it had earnings of 67 cents.

The numbers: Sales of previously-owned homes edged up 2.5% in July, as mortgage rates offset the affordability crunch caused.

HousingWire sat down with AIME Chairman Anthony Casa to discuss the rise in independent mortgage brokers and the changes in today’s mortgage market. Q. How do you see the market for mortgages evolving.

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You’re twenty-something and you’re considering buying a place. Maybe you moved back in with your parents to save for a down.

Mortgage definition, a conveyance of an interest in property as security for the repayment of money borrowed. See more.