[
UK
/mˈɔːɡɪdʒˌiː/
]
NOUN
-
the person who accepts a mortgage
the bank became our mortgagee when it accepted our mortgage on our new home
How To Use mortgagee In A Sentence
- Those duties were imposed to ensure that a mortgagee is diligent in discharging his mortgage and returning the property to the mortgagor.
- Every buyer, lessee and mortgagee of property in or in the vicinity of a coalmining area should search before exchanging contracts.
- If there is no agreement between the mortgagees, one party may sell their share to a third party.
- Alternately, the Democratic leadership could add in key Democratic priorities, such as toughened financial regulations, bankruptcy law reforms helping homeowners prevent foreclosure, direct government aid to mortgagees, a tax on the financial industry to pay for the bailout, and the job-creating $60 billion economic stimulus / infrastructure spending package the House passed a few days ago. Suburban Guerrilla
- I remember it was passed decades ago to be sure a mortgagee would have clear account of the lending terms. Wonk Room » Warner Concerned Consumer Protection Agency Will Be ‘Divorced From The Reality Of The Market’
- For example, if the title deeds are left with the company, an equitable mortgagee by deposit will take priority.
- Because section 106, on a first reading, suggests to me that a mortgagor not in default is entitled simply to lease land and that the mortgagee cannot prevent…
- ACA did piece on this last week where mortgagees whinged about having to pay upward of $20,000 to backout of fixed rate loans, and how the banks are pillars of evil for making them do so. When Falling Interest Rates Are Bad For Mortgages | Lifehacker Australia
- However an assignment by way of mortgage - where there is an outright transfer to the assignee mortgagee with the assignor mortgagor having the right to have the debts reassigned to him on redemption - is within the section.
- To appoint a receiver is more convenient for the mortgagee than taking possession.