The main method was by wadset (ME "wedset") whereby a borrower (reverser) conveyed by charter a fee simple estate to a lender (wadsetter) who, on redemption, would reconvey the estate to the borrower by a second charter.
The main method was by wadset (ME "wedset") which was a loan masked as a sale. The borrower (reverser) conveyed by charter a fee simple estate, in consideration of a loan, to the lender (wadsetter) who on redemption would reconvey the estate to the reverser by a second charter.