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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    The note documents the promise you made to your mortgage lender to pay back the loan. It includes details about the home as well as the terms of the loan, including repayment. Deed

  3. Equity of redemption - Wikipedia

    en.wikipedia.org/wiki/Equity_of_redemption

    The tide has for some years now turned against striking down every clause in a mortgage document that might conceivably impede the right to redeem. [5] The equity of redemption is itself recognised as a separate species of property, and can be bought, sold or even itself mortgaged by the holder.

  4. How long should I keep mortgage statements and documents? - AOL

    www.aol.com/finance/long-keep-mortgage...

    If original mortgage documents are lost or damaged, you can often get replacements from your mortgage lender or local recorder's office. Getting a mortgage involves a lot of paperwork, from the ...

  5. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    This was the mortgage by conveyance (aka mortgage in fee) or, when written, the mortgage by charter and reconveyance [8] and took the form of a feoffment, bargain and sale, or lease and release. Since the lender did not necessarily enter into possession, had rights of action, and covenanted a right of reversion on the borrower, the mortgage was ...

  6. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure .

  7. Mortgage seasoning: What is it and what are the requirements?

    www.aol.com/finance/mortgage-seasoning...

    It means you need to have money on hand to get a mortgage. And like fine wine — the longer, the better. ... (2 years with exceptions); 2 years from discharge or 4 years from dismissal of Chapter ...

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