Mortgage Definition–noun | 1. | a conveyance of an interest in property as security for the repayment of money borrowed. |
| 2. | the deed by which such a transaction is effected. |
| 3. | the rights conferred by it, or the state of the property conveyed. |
–verb (used with object) | 4. | Law. to convey or place (real property) under a mortgage. |
| 5. | to place under advance obligation; pledge: to mortgage one's life to the defense of democracy. |
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From Dictionary |
Related topics from Britannicamortgage
in Anglo-American law, any of a number of related devices in which a debtor (mortgagor) conveys an interest in property to a creditor (mortgagee) as security for the payment of a money debt. The ...
Subprime Mortgages: A Catalyst for Global Chaos
One version of chaos theory opines that a butterfly flapping its wings in Beijing could produce a change in atmospheric pressure that in turn could cause a tornado in Texas. This "butterfly effect" ...
Fannie Mae
federally chartered private corporation created as a federal agency by the U.S. Congress in 1938 to ensure adequate liquidity in the mortgage market regardless of economic conditions. It is one of ...
Freddie Mac
federally chartered private corporation created by the U.S. Congress in 1970 to provide continuous and affordable home financing. It is one of several government-sponsored enterprises (GSEs) ...
property law
The Russian Federation's Civil Code permits mortgages and pledges to be used as devices for securing the performance of legal obligation, notably loan agreements. Although mortgages and pledges are ...
property law
Arnall, Roland Edmond
American businessman founded (1979) Ameriquest Mortgage, the largest subprime mortgage company in the U.S. during the housing boom of the 1990s, but the firm became a victim of the subprime meltdown ...
foreclosure
legal proceeding by which a mortgagor's rights to a mortgaged property may be extinguished if the mortgagor (borrower) fails to live up to the obligations agreed to in the mortgage. The mortgagee ...
civil law
The intricate system of obligations and rights inherited by the ancien regime from feudalism was rejected by the Revolution, which restored a system patterned on that of Roman law.Belgium
Building is encouraged in a number of ways, including government-guaranteed mortgage loans that have low interest rates. Most Belgians prefer to live in single-family houses. The rate of home ...
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Related articles from FindarticlesIndependent, The (London) - MORTGAGES
August 30, 2008 -- What are the main different types of mortgage? The first decision you need to take when shopping for a mortgage is whether you want a fixed- or a...Financial Adviser - Mortgages.
August 30, 2007 -- COMBINED MORTGAGE AND PERSONAL LOAN ALLIANCE & LEICESTER Type: Product range connects a 100 per cent plus loan-to-value mortgage and a...Financial Adviser - Mortgages.
July 26, 2007 -- SELF-CERT CHL Mortgages Type: One-year self-cert fixed-rate. Description: Specialist lender CHL Mortgages, has launched a new self-cert...Financial Adviser - Mortgages.
July 5, 2007 -- Buy-to-let Britannia building society Type: Three two-year fixed rate mortgage Description: Three two-year fixed rates have been...Financial Adviser - MORTGAGES.
May 18, 2007 -- buy-to-let chelsea building society Type: Fixed-rate products. Description: Chelsea Building Society has introduced a new selection of...Financial Adviser - Mortgages.
May 10, 2007 -- Fixed-Rate mortgage Leeds Building Society Type: 10-year fixed-rate. Details: The 10-year fixed-rate of 5.54 per cent is valid until 31...Independent, The (London) - You write the reviews
March 19, 2008 -- DABY TOURE Brewery Arts Centre, Kendal ***** The Gateway music festival in Kendal goes from strength to strength with another batch of...Financial Adviser - MORTGAGES.
April 5, 2007 -- FIXED-RATE NATIONWIDE Type: 25-year fixed-rate mortgage. Details: The 25-year fixed-rate mortgage from Nationwide Building Society has...Financial Adviser - Mortgages.
February 26, 2007 -- Offset lifetime tracker Woolwich Type: Woolwich has launched a new version of its City Mortgage product. Details: Woolwich has launched...Financial Adviser - Mortgages.
February 22, 2007 -- Stepped Tracker John Charcol Type: Stepped tracker. Description: Funded by Woolwich and offered with no extended tie-in, this mortgage... |
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Related links from BlogsBBC NEWS | The Reporters | Robert Peston
In other words, Brown's mortgage wheeze could lead to a serious fall in the number of homes repossessed next year - though there must be a fear that a repossession bulge will simply be delayed for two years rather than eliminated ...Mortgage Fraud Rises
In a state that leads the nation in mortgage fraud, Tampa had the second-most cases of suspicious loan activity of any Florida city, according to a report released Tuesday from the Reston, Va.-based M...Apps Soar as Mortgage Rates Decline, But Questions Remain ...
The 4-week moving average of mortgage application volume, broken out into refinance activity and purchase activity. Click for a larger view. (source: Barclays Capital, MBA Index Commentary) ...Mr. Mortgage’s Guide to the TRUTH! » Mortgage Security Holder ...
In all of the recent events surrounding bailouts and loan modifications, one very prominent party in this whole mess has been missing - the mortgage security (MBS) holders. Not any longer. With $7 trillion in securitized mortgages out ...CJOnline / The Topeka Capital-Journal - Mortgage crisis: Failure ...
Only time will tell how the Bush administration will be remembered, but a new report by The Associated Press could leave a lingering black mark on the presidency.US Mortgage Applications Surge by Record Amount - Real Estate * US ...
US mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.AP Is Excellent on Bush Mortgage Negligence : CJR:
The Associated Press put out a story yesterday reporting that the Bush Administration ignored in-house warnings of an impending mortgage collapse in 2005, delayed enacting proposed rules for a year, and bowed to lobbyists in stripping ...Does mortgage problem deepen next year? - BloggingStocks
According to The Wall Street Journal, "TransUnion LLC, which analyzed about 27 million consumer records in its database, predicted that the proportion of consumers with mortgages that are 60 days or more past-due will hit 7.17% in the ...Mortgage rates low but…. - Mortgage Insider - OCRegister.com
The lowest mortgage rates in Orange County are close to 5% for fixed-rate loans. That’sa great rate, brokers say, but it should be even lower since yields on government...Mortgage Applications Up, But Are They 'Real'? - Realty Check with ...
It should come as no surprise to anyone that mortgage applications would surge last week, after the Fed announced it would buy GSE debt and mortgage-backed securities. Interest rates on the 30-year fixed dropped nearly a full percentage ... |
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