Download
parties to a mortgage n.
Skip this Video
Loading SlideShow in 5 Seconds..
Parties to a Mortgage PowerPoint Presentation
Download Presentation
Parties to a Mortgage

Parties to a Mortgage

105 Views Download Presentation
Download Presentation

Parties to a Mortgage

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Parties to a Mortgage Loan of Funds Owner-Debtor Borrower (“Mortgagor”) Creditor-Lender (“Mortgagee”) Security Interest in Real Property

  2. Parties to Note and Deed of Trust Loan of Funds Owner-Debtor Borrower (Trustor) Creditor-Lender (Beneficiary) Security Interest in Real Property Legal Title Trustee Upon default, Creditor exercises rights to take property

  3. Two-Party Secured Transaction Loan or Sale of Goods on Credit Seller-Lender “Secured Party” Borrower-Debtor “Security Interest” in the Goods and/or other personal property of Debtor

  4. Three-Party Secured Transaction Sale of Goods Buyer-Debtor Seller “Security Interest” in the Goods Loan of Funds $$$ Lender-Creditor “Secured Party”