third mortgage
11Mortgage industry of the United Kingdom — The Mortgage industry of the United Kingdom has traditionally been dominated by building societies, but from the 1970s the share of the new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the… …
12Mortgage Brokerages, Lenders and Administrators Act — The Mortgage Brokerages, Lenders and Administrators Act, 2006 came into force on July 1, 2008, replacing Ontario s Mortgage Brokers Act, 1990,[1] and requires all individuals and businesses who conduct mortgage brokering activities in Ontario to… …
13Mortgage Forgiveness Debt Relief Act of 2007 — The Mortgage Forgiveness Debt Relief Act was introduced in Congress on September 25, 2007, and became law on December 20, 2007. This act offered relief to homeowners who would formerly owe taxes on forgiven mortgage debt after facing foreclosure …
14Mortgage Industry Advisory Corporation — MIAC logo Mortgage Industry Advisory Corporation (MIAC) is a New York City based company specializing in third party mortgage asset pricing services including subprime mortgage assets, secondary market hedge advisory solutions, comprehensive… …
15third possessor — One who buys mortgaged property without assuming to pay the mortgage. If one buys real estate, and does not assume the payment of the first mortgage, he is bound only as a third possessor. He must either give up the property, or pay the amount… …
16mortgage contingency clause — Clause in an agreement for sale of real estate conditioning the purchaser s performance on his obtaining a mortgage from a third party …
17mortgage contingency clause — Clause in an agreement for sale of real estate conditioning the purchaser s performance on his obtaining a mortgage from a third party …
18junior mortgage — A mortgage that will be satisfied only after more senior mortgages have been satisfied. E.g., a first mortgage will be satisfied prior to a second or a third mortgage. Bloomberg Financial Dictionary …
19Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
20Reverse mortgage — A reverse mortgage (known as lifetime mortgage in the United Kingdom) is a loan available to seniors (62 and older in the United States), and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner s …
