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A registered mortgage is a deal whereby the borrower executes a formal written instrument that can be construed as a conveyance of their attention in land as security for a loan.

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11y ago

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Can registered mortgage convert into an equitable mortgage?

No.No.No.No.


Can we enhance registered mortgage by creating equitable mortgage?

no


How do you serve federal national mortgage association?

who is registered agent for federal national mortgage association


Can the mortgage company take your house without the deed?

By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.


Is American Lending Solutions LLC a legitimate mortgage Lender?

They appear registered as a mortgage lender, but they are not well-reviewed. Look up the BBB rating.


Is PNC Mortgage a division of PNC Bank?

Yes, PNC Mortgage is a division of PNC Bank. You can find more information about PNC Mortgage and PNC Bank on their website. PNC is a registered service mark of The PNC Financial Services Group, Inc.


How does a second mortgage appear on your original mortgage?

When a person or family buys a home with a mortgage, it is registered with the county or city registry as the first mortgage. The first mortgage is paid off first in whatever case. A second mortgage on the other hand is a secured home equity loan against the same property. If you default on your mortgage payments the lender has to wait after the till the first mortgage is paid. For this reason the second mortgage rates may be higher. Second mortgages are usually smaller loans.


When is insurance required?

Insurance is needed every time there is an uncovered risk.For a vehicle anytime you have one registered in your name. For homeowners when you have a mortgage.


What is statutory mortgage?

Many jurisdictions permit specific assets to be mortgaged without transferring title to the assets to the mortgagee. Principally, statutory mortgages relate to land, registered aircraft and registered ships. Generally speaking, the mortgagee will have the same rights as they would have had under a traditional true legal mortgage, but the manner of enforcement is usually regulated by the statute.


Can you gift a house when the mortgage is paid off?

Providing that all other requirements of law have been met, once the mortgage has been paid off and the clear title has been registered, you may give a house as a gift to whomever you want.


Who is the registered agent of federal home loan mortgage corporation?

The registered agent of the Federal Home Loan Mortgage Corporation (Freddie Mac) is typically designated in its filings with state authorities. As of my last knowledge update, it is often the Secretary of the Commonwealth or a similar state official in the state of incorporation, Virginia. For the most accurate and current information, it's advisable to check official state resources or Freddie Mac's corporate filings.


Can the stamp duty and registration charges for registered mortgage be shared with the owner?

Yes, it can be shared if mutually agreed by both the party. Normally the mortgagor pay the duty. C P Sagar