mortgagee


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mort·ga·gee

 (môr′gĭ-jē′)
n.
One, usually a lender or a bank, that holds a mortgage.

mortgagee

(ˌmɔːɡɪˈdʒiː)
n
1. (Law) the party to a mortgage who makes the loan
2. (Law) a person who holds mortgaged property as security for repayment of a loan

mort•ga•gee

(ˌmɔr gəˈdʒi)

n.
a person to whom property is mortgaged.

mortgagee

the person to whom property is mortgaged; the creditor in a mortgage transaction.
See also: Property and Ownership
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.mortgagee - the person who accepts a mortgage; "the bank became our mortgagee when it accepted our mortgage on our new home"
creditor - a person to whom money is owed by a debtor; someone to whom an obligation exists
holder - a person who holds something; "they held two hostages"; "he holds the trophy"; "she holds a United States passport"
Translations

mortgagee

[ˌmɔːgəˈdʒiː] Nacreedor(a) m/f hipotecario/a

mortgagee

[ˌmɔːrgɪˈdʒiː] nprêteur/euse m/f (sur hypothèque)mortgage lender nétablissement m de crédit immobiliermortgage payment nremboursement m d'un emprunt logementmortgage rate ntaux m de crédit immobilier

mortgagee

nHypothekar m

mortgagee

[ˌmɔːgɪˈdʒiː] ncreditore m ipotecario
References in classic literature ?
Linton - that Earnshaw had mortgaged every yard of land he owned for cash to supply his mania for gaming; and he, Heathcliff, was the mortgagee.
Querrer-Kauffman, the Supreme Court held that when the instrument presented for registration is forged, even if accompanied by the owner's duplicate certificate of title, the registered owner does not thereby lose his title, and neither does the mortgagee acquire any right or title to the property.
She advises on the application of policy language, including choice-of-law, mortgagee, sub-limit and exclusionary provisions.
He further said a bird eye view of the documents was taken, mortgagee companies' record was presented but expressed ignorance from methodology and functioning of the said companies.
After consulting with industry officials and best practices, the Department of Housing and Urban Development (HUD) released its latest mortgagee letter (Mortgagee Letter 2016-02) early this year, outlining changes in property preservation practices.
the [c]ourt noted that the latter act's avowed object is to take from the mortgagee rights in the specific property held as security; and to that end to scale down the indebtedness to the present value of the property.
Loss Payee on a Property Policy Doesn't Have the Same Rights as a Mortgagee
1 and Delivery Guide, which consolidated 450 handbooks, mortgagee letters and other documents into one new book?
The purchaser of a real estate right may also mortgage his contractual right on the real estate unit, sold off plan, in order to pay the price of the real estate unit, provided that the real estate unit is registered in the Initial Real Estate Register and that the mortgagee shall pay the loan amount directly to the escrow account.
Section 9 of the agreed Mortgage Terms and Conditions 200 ('the Mortgage Conditions') stated that if the mortgagee took possession of the Property and any goods were left by the mortgagor at the Property, the mortgagee could, within seven days of notice being given to the mortgagor at its new address, or, if no new address had been given, within seven days after the mortgagor had left the Property, remove and store the goods and then either dispose of them, or, if the mortgagee knew that they did not belong to the mortgagor, return them to their owner.
com)-- NAN News Update instructions FHA Mortgagee Letter #15-06
If the second mortgage was unsecured it would not be subject to the anti-modification provision of Chapter 13 bankruptcy and would be paid in accordance with other unsecured creditors--a less favorable position for the mortgagee.