chase manahattan mortgage
two parts: the mortgage, which is the pledge the promissory note (or simply note) which is the actual evidence of the chase manahattan mortgage and promise to repay To protect the lender, a mortgage is recorded in the public records creating a lien (when there are multiple liens, order of recording determines priority). Since mortgage debt is often the chase manahattan mortgage debt owed by the debtor, banks and other mortgage lenders run title searches of the real property to make certain that the lien of the mortgage is prior to anyone else's claim. Tax liens, in some cases, will come ahead of mortgages. For this reason, if a borrower has delinquent property taxes, the bank will often pay them to prevent the lienholder from foreclosing and wiping out the mortgage. A recent report from the federal reserve indicates a sharp rise in chase manahattan mortgage values in the past decade. They say that rise has led
chase manahattan mortgage
- domain.com
