Many states give mortgage lenders strong legal means by which to pursue debt collection in the event of a mortgage default. (frbsf.org)
Moreover, your lending institution will not give you a mortgage loan on a house unless you can prove that the seller owns it. (mortgage-x.com)
Lenders gave mortgage loans to an army of high - risk borrowers — people who would never qualify for a loan under current guidelines. (homebuyinginstitute.com)