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A mortgage requires you to pledge your home as the lender's security for the repayment. If you do not repay your mortgage loan, the lender has the right to take.

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A mortgage is a legal agreement between a borrower and mortgage lender. The lender provides money to the borrower to purchase real estate, and in exchange, the borrower agrees to repay the loan, plus interest.

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Source: Analysis of Home Mortgage Disclosure Act (HMDA) data by the Federal Reserve Banks of Philadelphia and Cleveland. The Home Mortgage Explorer is.

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ST. PAUL, Minn.–(Business Wire)–Securian Asset Management has closed participation in the first Multiple Client Loan group (mclg) loan sale program and has plans to launch a second MCLG group that.