Historically, the mortgage transaction involved the mortgagee transferring title to the property to the mortgagor as security for the loan.

Name: Historically, the mortgage transaction involved the mortgagee transferring title to the property to the mortgagor as security for the loan.
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Historically, in a mortgage transaction, the mortgagor (borrower) transfers the title or an interest in the property to the mortgagee (lender) as security for the loan, not the other way around.

Historically, the Mortgage Transaction Involved the Mortgagee Transferring Title to the Property