mortgagee


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  • noun

Synonyms for mortgagee

the person who accepts a mortgage

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References in periodicals archive ?
Additional information and loan limit adjustments for two-, three-, and four-unit properties, and in Special Exception Areas, are noted in FHA's mortgagee letter.
Mortgagee Letter 2015-01 implemented the reduction of FHA Annual Mortgage Insurance Premium (MIP) rates by 50 basis points (0.
A press release announcing the mortgagee letter noted, for example, that all advertising and marketing materials used to promote the HECM program must include a "prominently displayed disclaimer that clearly informs the public that such materials are not from HUD [the Department of Housing and Urban Development] or FHA and the document was not approved by the department or government agency.
MERS), being named as the mortgagee as the agent of the promissory note-owner of the mortgage, is consistent with Rhode Island law.
FHA's Mortgagee Review Board can impose cash penalties, probation and suspension.
The PLA provides that, unless a prior mortgagee makes a further advance pursuant to written agreement with the subsequent mortgagee or, alternatively, is committed by the terms of the mortgage to make further advances, the prior mortgagee will be postponed to the second mortgage if it makes further advances after it has notice of the second mortgage.
In reaching its decision, the court found that a mortgagee must name a personal representative for a deceased mortgagor for the court to obtain subject matter jurisdiction.
A mortgage foreclosure is an equitable remedy that seeks equitable relief from the court to foreclose the interest of the mortgagor and any and all parties claiming by, through, or under such mortgagor to enable the mortgagee not only to foreclose its interests, but also for the mortgagee to acquire title to the collateral securing the mortgage loan.
While rates, principal amounts and amortization periods are negotiated, the mortgagee remedies are generally standard in all mortgages and not negotiable by the borrower.
It states that "the mortgagee and any other party that participates in the origination of a mortgage to be insured under this section shall not participate in, be associated with, or employ any party that participates in or is associated with any other financial or insurance activity.
For example, why don't they buy, say, 25% of the current value of property where the mortgagee is falling into arrears with the money going to the mortgage company?
H4H is a government-backed direct-to-consumer outreach platform that provides structured refinancing to the borrower after seeking cooperation from the present mortgagee.
The interim registration law includes provision for the transfer of registration of off-plan sales from developers to the Dubai Lands Department and provides a mechanism for buyers and banks to register their interests as buyer and mortgagee at the Dubai Lands Department even during the construction phase.
If the tenant doesn't move, the mortgagee files an eviction lawsuit against the landlord.