Consider what a mortgage –a legal invention–does:The borrower says to the lender,”If you buy the…

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Consider what a mortgage –a legal invention–does:The borrower says to the lender,”If you buy the…

Consider what a mortgage –a legal invention–does:The borrower says to the lender,”If you buy the house for me, I pinky-swear that I will repay you, plus interest. Oh, and by the way, you will let me live in the house while I repay you!”This legal invention is a basis for much economic development of the past century.Choose one issue from the second on mortgages, and explore that issue: What is the concern, why is it important, and what must a manager (or borrower) know?

 

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Consider what a mortgage –a legal invention–does:The borrower says to the lender,”If you buy the… was first posted on July 5, 2020 at 1:06 am.
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