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Posted by WC on September 24, 2003 at 16:43:30:

In Reply to: a note from winning in on cash flow posted by steve on September 19, 2003 at 11:09:14:

"winning in the cash flow business" is title of a book by Russ Dalbey, who is the CEO of American NoteNetwork

"mortgage" or "deed of trust(aka trust deed)" is the security instrument of a note (IOU note).

When you borrow a loan and you sign a IOU note, you use that property to secure that loan. Therefore, you "give" the lender a mortgage or trust deed in case your loan goes default.

So, it's not the same...

-WC

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