Real Estate Financing: The Modern Mortgage
Learn about the basics of the intricate law involving modern mortgages, with a focus on terminology, key types of mortgages, a borrower’s redemption of mortgaged property, the lender’s remedy for default, and what happens on the sale of a mortgaged property.
Transcript
Welcome to Real Estate Financing: The Modern Mortgage!
Let’s begin this clip with a caveat. Here, the best we can do is to offer you a very basic and (necessarily) vastly oversimplified treatment of the very complex and intricate modern law of mortgages. What we hope to do here is merely to cover the basic points you’ll need to know in order to do well in your first-year property course. Thus, think of this clip as a quick primer, rather than exhaustive treatment.
We have an ambitious agenda...