mortgage lender
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mortgage lender — UK US noun [C] FINANCE ► a bank or other financial organization that lends money to buyers of houses and other property: »The nation s largest mortgage lender has said about 82,000 of its borrowers will be eligible for assistance … Financial and business terms
mortgage lender — / mɔ:gɪdʒ ˌlendə/ noun a financial institution such as a bank or building society that lends money to people buying property … Dictionary of banking and finance
mortgage indemnity guarantee — ( MIG) An insurance which is designed to protect a mortgage lender against the risk of you defaulting or not being able to repay the mortgage. The policy is usually imposed upon by the lender at the start of the loan and the premium payable is… … Financial and business terms
Mortgage Foundation — Inc. Type Private Industry Finance Founded 2003 Headquarters Ft Lauderdale, Florida … Wikipedia
Mortgage to Rent — Scheme Scotland Mortgage to Rent is run by the Scottish Government. It is used by homeowners who are threatened with eviction due to non payment of their mortgages. Under the scheme, a homeowner s property is bought by a housing association who… … Wikipedia
Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… … Wikipedia
Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see … 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
Lender-Paid Private Mortgage Insurance — Private mortgage insurance that a mortgage lender pays on behalf of a borrower. Mortgage lenders generally require private mortgage insurance if a mortgage has a loan to value (LTV) ratio of more than 80%. When a lender pays the private mortgage… … Investment dictionary
Mortgage Par Rate — An interest rate used as the reference point for which a mortgage lender will neither pay a rebate (yield spread premium or negative points) or require discount points for a mortgage. Also, an interest rate used as a reference point for which a… … Investment dictionary
