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Historical origins of the mortgage

The mortgage in the U.S.

Multi Mortgage

Non-payment mortgage

Although the term mortgage comes from the Greek, the idea of regulation and the mortgage is inherited from Roman law. Specifically, in ancient Rome there were two main ways to secure a debt:

     * Trust: That was for the debtor to transfer the ownership of property to a creditor to secure the debt. Generating a high vulnerability to the debtor.
     * Pignus or garment with a very similar to the present.

As sometimes their property needed by the debtor to pay the debt, the pledge was without displacement. Was used for the lease of the land guarantee payment to the lessee, ignoring their farm (which would need to work in any case, it could not assign to the creditor).

This was contained the seeds of the current mortgage. However, for reasons of legal certainty, it was not until the invention of records, when it began to be used widely.