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mortgagee

[ UK /mˈɔːɡɪd‍ʒˌiː/ ]
NOUN
  1. 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.
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