Mortgage意思
THE news that there is a proposal to mortgage the F-9 park in Islamabad to obtain a loan caused the anger of the whole country. Although the news has not been officially confirmed, and the prime minister would have opposed such a proposal, no one should be surprised if it turns out to be true. It would not be the first case of its kind. We have had many assets mortgaged for loans, a practice that began in 2006 under that shrewd banker, Mr. Shaukat Aziz, and was later picked up by another shrewd trader, Mr. Ishaq Dar.
The wave started with highways, then spread to highways, airports, PTV, Radio Pakistan and may now engulf parks on this list. In 2006, amid chants of 'high growth', Rs 6.000 crore was raised by mortgaging toll roads such as the M-1, M-4, IMDC and the Okara bypass. In 2014, $1.000 billion was raised by pledging the Hafizabad-Lahore section of the expressway. Another Rs 49 crore was raised through the pledge of the Faisalabad-Pindi Bhatia section of the expressway (other sections have also been pledged over time). Between 000 and 2013, Karachi's Jinnah International Airport was mortgaged to raise a sum of about Rs 2016 billion. Reports suggest that the assets of PTV and those of Radio Pakistan were also mortgaged during this time.
Definition of mortgage
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Mortgage borrowers can be individuals mortgaging their home or they can be companies mortgaging commercial property (for example, their own business premises, residential properties rented to tenants, or an investment portfolio). The lender is usually a financial institution, such as a bank, a credit union or a mortgage company, depending on the country in question, and the loan agreements can be made directly or indirectly through intermediaries. The characteristics of mortgage loans, such as the amount of the loan, the maturity of the loan, the interest rate, the method of repayment of the loan and other characteristics, can vary considerably. The lender's rights to the secured property take priority over the other creditors of the borrower, which means that if the borrower becomes bankrupt or insolvent, the other creditors will only receive repayment of debts owed to them by selling the property. guaranteed if the mortgage lender is repaid in full first.
Mortgage deed.
Home loans are used to buy a home or to borrow money against the value of a home you already own. Seven Things to Look for in a Mortgage Focus on a mortgage that is affordable for you given your other priorities, not the amount for which you qualify. Lenders will tell you how much you can borrow, that is, how much they are willing to lend you. Several online calculators compare your income and debts and offer similar answers. But the amount you can borrow is very different from what you can pay back without affecting your budget for other important things. Lenders don't take into account all of your family and financial circumstances. To find out how much you can afford, you'll need to take a hard look at your family's income, expenses, and savings priorities to see what fits comfortably into your budget. Don't forget other expenses when calculating your ideal payment. Costs like homeowner's insurance, property taxes, and private mortgage insurance are often added to your monthly mortgage payment, so be sure to include them when you figure out how much you can afford. You can get estimates from your local tax assessor, insurance agent, and lender. Knowing how much you can comfortably afford each month will also help you figure out a reasonable price range for your new home.
Home mortgage中文
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In the United States, a mortgage lender is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage bank and a mortgage broker is that the mortgage bank finances the loans with its own capital.
Typically, a mortgage bank originates a loan and places it on a pre-arranged warehouse line of credit until the loan can be sold to an investor, typically large institutions. The credit risk is usually absorbed by the Agencies, which include Fannie Mae, or Freddie Mac, and Ginnie Mae. The process of selling a mortgage bank loan to another investor is called selling the loan on the secondary market. This contrasts with the primary market, which in the case of mortgages typically refers to the bank's purchase of the mortgage deed of trust from the homeowner for the face amount of the loan, adjusted for discount points and other price adjustments.
