Understanding Mortgages & The Major Players in a Foreclosure

Whether you're taking out a mortgage on your home or other property, have questions related to an existing mortgage, or are facing foreclosure, it helps to understand the different terms bandied about and the common industry lingo for various legal concepts. Start here for a primer on mortgage terminology, and for answers to common questions about mortgages, including escrow accounts, reverse mortgages, underwater mortgages, and more.

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