hold a mortgage
11mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… …
12Mortgage — A loan secured by the collateral of some specified real estate property which obliges the borrower to make a predetermined series of payments. The New York Times Financial Glossary * * * ▪ I. mortgage mort‧gage 1 [ˈmɔːgɪdʒ ǁ ˈmɔːr ] noun… …
13Mortgage servicer — A mortgage servicer is the company that borrowers pay their mortgage loan payments to. Mortgage servicers either purchase or retain mortgage servicing rights that allow them to collect payments from borrowers in return for a servicing fee. The… …
14Mortgage planner — A mortgage planner is a mortgage professional who provides a consultation to their client that is in alignment with their long and short term financial goals. The Mortgage Planner can also perform the duties of a loan officer, such as originating …
15mortgage — /mawr gij/, n., v., mortgaged, mortgaging. n. 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… …
16mortgage — noun ADJECTIVE ▪ big, huge ▪ small ▪ cheap ▪ Banks often offer their employees cheap mortgages. ▪ endowment (BrE) …
17hold — {{Roman}}I.{{/Roman}} noun 1 act/way of holding sth ADJECTIVE ▪ firm, tight ▪ He still had me in a tight hold. VERB + HOLD ▪ catch, get, grab …
18Mortgage Cash Flow Obligation - MCFO — A type of pay through unsecured general obligation bond that has several classes. Mortgage cash flow obligations (MCFOs) use cash flow from a pool of mortgages that generate revenue to repay investors their principal plus interest. Payments are… …
19mortgage pool — A trust created by the owners of several or even many mortgages in transferring the instruments to a trustee to hold for the benefit of the transferrers. Anno: 107 ALR 1458 …
20Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
