Blanket mortgage

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One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different pieces of property to one general lien.

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blanket

Blanket clause

A $16 million new blanket mortgage for seven apartment buildings on Sound Second St.

Meridian by Real Estate Weekly

A $16 million blanket mortgage for seven elevator buildings on South Second St.

Meridian by Real Estate Weekly

The new blanket mortgage, issued by General Electric Capital Corporation, replaced previous financing by the Dime Savings Bank.

Title insurer finds a NY retail advantage by Real Estate Weekly

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