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  • Mortgage Backed Securities

    General July 19, 2009 , by
    MORTGAGE BACKED SECURITY:- A mortgage backed security is commonly used term in order to raise money against the property. Mortgage backed security has many advantages when compared to any other loans as the interest rate for a secured loan is always less when compared to any other type of loans in the market.Mortgage backed security is mainly used for three purposes such as to pay off the existing debts, for Home improvements and for any personal use or to invest in business.

  • Mortgage – Basics Explained

    General July 11, 2009 , by
    The word “Mortgage” is derived from both French and English language.” Mort” in French means “Dead” and “Gage” means “Pledge” as per old English. Nowadays the term mortgage is commonly used for loan purpose to purchase a property. Five main criteria involved in mortgage are as follows:-

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