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2. Deed of reconveyance: What it is and how it works - AOL

   www.aol.com/finance/deed-reconveyance-works...

   “This document is called a mortgage satisfaction or deed of reconveyance depending on the state,” says Megan Hernandez, director of Marketing and Public Relations at the American Land Title ...

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

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

   If your mortgage lender never filed a satisfaction of mortgage with the local recording office when you paid off your loan, your mortgage documents could save you from a dispute during a future ...

4. 4 Ways Choosing the Right Bank Can Save You Money If ... - AOL

   www.aol.com/finance/4-ways-choosing-bank-save...

   Mortgage rates are forecast to stay around the average monthly rate of 6.3% in 2025, while home price appreciation is targeted to reach a median of 3.7% in 2025, according to the Realtor.com 2025...

5. Equity of redemption - Wikipedia

   en.wikipedia.org/wiki/Equity_of_redemption

   If the loan was repaid, then the mortgagee would return the property; if the loan was not repaid, then the mortgagee would keep the property in satisfaction of the debt. The equity of redemption was the right to petition the courts of equity to compel the mortgagee to transfer the property back to the mortgagor once the secured obligation had ...

6. Accord and satisfaction - Wikipedia

   en.wikipedia.org/wiki/Accord_and_satisfaction

   Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.

7. Security interest - Wikipedia

   en.wikipedia.org/wiki/Security_interest

   One of the most common examples of a security interest is a mortgage: a person is loaned money from a bank to buy a house, and they grant a mortgage over the house so that if they default in repaying the loan, the bank can sell the house and apply the proceeds to the outstanding loan. [3]

8. How to compare lenders for first-time homebuyers - AOL

   www.aol.com/finance/compare-lenders-first-time...

   The best mortgage lenders for first-time buyers generally offer specific programs that allow you to put less money down. For first-time homeowners, lenders can often approve a loan with as little ...

9. Reverse mortgage - Wikipedia

   en.wikipedia.org/wiki/Reverse_mortgage

   A reverse mortgage is a mortgage loan, ... for example, the loan might be ... reverse mortgage borrowers have significantly higher financial and housing satisfaction ...