second mortgage
(redirected from Second lien)

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second mortgage

A mortgage taken out on property that already has one mortgage, with priority in settlement of claims given to the earlier mortgage.

second mortgage

(Economics, Accounting & Finance / Banking & Finance) a mortgage incurred after a first mortgage and having second claim against the security

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Noun

second mortgage - a mortgage that is subordinate to a first mortgage

mortgage - a conditional conveyance of property as security for the repayment of a loan

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mortgage second			The plan is reported to reduce the company's secured debt from approximately $280 million to $50 million via debt-for-equity swaps with first and second lien term loan lenders. Diecaster J.L. French exits bankruptcy less than two months after ... by Modern Casting When the first lien program is initiated, servicers participating in the second program will automatically reduce payments on the second lien according to a pre-set protocol, the Treasury said. Treasury gives new details on aid for second mortgages by International Business Times - US ed. In the first half of the year, S & P reported, the first lien represented 67 percent of the transaction, and the second lien 28 percent. Second-lien lending rides a gusher by Marshall, Jeffrey / Financial Executive			Second Empire Second Epistel of John Second Epistle of Paul the Apostle to the Corinthians Second Epistle of Paul the Apostle to the Thessalonians Second Epistle of Paul the Apostle to Timothy Second Epistle of Peter Second Epistle to the Corinthians Second Epistle to the Thessalonians Second Epistle to Timothy second estate second fiddle second floor second gear second generation Second girl second growth second half second hand Second intention Second International second joint second language Second Lateran Council second law of motion second law of thermodynamics Second lien second lieutenant second man Second Marquis of Rockingham second mate second moment second mortgage second name second nature second period second person second power second quantum number second reading Second Reich Second Republic second sacker second sight second stomach Second story second strike second strike capability second string second thought second trimester Second Vatican Council			Second Language Acquisition Research Second Language Acquisition, Research and Teaching Second Language Acquisition-Associated Phenomena Second Language Instruction County of Kern Second Language Oral Proficiency Evaluation Second Language Research Forum Second Language Research in Japan Second Language Teaching Second Language Teaching and Curriculum Center Second Language Testing, Inc. Second Language Vocabulary Acquisition Second Language. The Study of Language Second Lateran Council Second Law of Indices second law of motion second law of motion second law of thermodynamics second law of thermodynamics second law of thermodynamics Second law thermodynamics Second law thermodynamics second legal marriage Second Letter to Timothy second level cache second level cache Second level domain Second level domain Second Level Interruption Handler Second Level Maintenance Shop Second Level Mental Assault Second lien Second Liens Second Liens second lieutenant second lieutenant Second Lieutenant Colonel second lieutenants Second Life Second Life Second Life Second Life (online virtual community) Second Life 4th Birthday Second Life Art Community Centre Second Life Cable Network Second Life Carbon Offset Exchange Second Life Cheerleading Squad Second Life Community Convention Second Life Developer Archipelago Second Life Education Second Life Educational Undertakings in Theater History Second Life Fire Department Second Life Future Salon Second Life Grid-Wide Second Life Left Unity Second Life Liberation Army Second Life News Network Second Life Object-Oriented Distributed Learning Environment Second Life Podcast Network Second Life Project

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second mortgage (redirected from Second lien)

second mortgage
(redirected from Second lien)