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What is a mortgage?
A mortgage is a legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan.
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Asked 9/15/2011 2:15:53 PM
Updated 7/19/2015 9:31:32 PM
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Edited by yumdrea [7/19/2015 9:31:27 PM]
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A mortgage is a legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan.

Added 7/19/2015 9:31:32 PM
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