mortgage holder

mortgage holder
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Burton's Legal Thesaurus. . 2006

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  • mortgage holder — noun the person who accepts a mortgage the bank became our mortgagee when it accepted our mortgage on our new home • Syn: ↑mortgagee • Derivationally related forms: ↑mortgage (for: ↑mortgagee) • Hypernym …   Useful english dictionary

  • Mortgage elimination — is the term commonly used to describe a type of mortgage fraud in the United States. In this scam, the promoter first convinces a mortgage holder (lender) that the debt that has been contracted is invalid or legally unenforceable, usually due to… …   Wikipedia

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • Mortgage acceleration — is a term given to the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded, early payments diminish the period needed to pay off the mortgage, and avoid a quotient …   Wikipedia

  • Mortgage Insurance — An insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies, or is otherwise unable to meet the contractual obligations of the mortgage. Mortgage insurance can refer to private… …   Investment dictionary

  • Mortgage Excess Servicing — The percentage of the monthly cash flow that remains after the cash flow has been divided into a coupon and principal payment for the mortgage backed securities (MBS) holder. This servicing fee typically goes to the servicer of the loan, and is… …   Investment dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — mort·gage (môr’gĭj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan:… …   Word Histories

  • Mortgage pass-through security — Also called a passthrough, a security created when one or more mortgage holders form a collection ( pool) of mortgages sells shares or participation certificates in the pool. The cash flow from the collateral pool is passed through to the… …   Financial and business terms

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