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mortgage debt News

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Cops: Dad's Murder-Suicide Leaves Boy Critically Injured

By Tori RichardsJun 15th 2010 – 8:57PM

ANAHEIM, Calif. (June 15) -- A 3-year-old boy is clinging to life after being shot several times, allegedly by his father, who apparently turned the gun on his wife and himself in a murder-suicide that some reports suggest could have been brought on by mortgage debt. Though the incident occurred Sunday night, the grisly...

Background on mortgage debt

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan.

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