mortgagee

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Related to mortgagees: mortgager, mortgagors

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.
The Bank of Cyprus for example has compelled many mortgagees to operate an overdraft account of up to e1/417,000 which is used to pay monthly payments which the mortgagee may not be able to pay otherwise.
Mortgagees should not order new Case Numbers under this temporary authority until they have confirmed in FHA Connection that the previous Case Number has been cancelled.
The Federal Housing Administration (FHA) today called on all approved mortgagees and lenders to be sensitive to the financial hardships faced by borrowers as a result of the shutdown, including those borrowers subject to furlough, layoff, or a reduction in income related to the shutdown.
While the first mortgagee will have priority over any interest secured by the second charge, mortgagees are increasingly reluctant to consent to any subsequent charges being registered against properties where they have a first charge.
A total of 377 claims were made by banks against mortgagees in Coventry in 2012/13, down 21 per cent from 477 in 2011/12.
Leasehold mortgagees typically face regulatory requirements for a minimum "cushion" when it comes to the length of the lease term.
In order for the first mortgagee to claim priority over further advances, the subsequent registered mortgagees must agree in writing to the priority of such advances.
As stated in 2010-16, this new mortgagee compliance structure will improve "communication between FHA and its mortgagees and the dissemination of information between parties.
The mortgagees filed complaints for foreclosure in the Circuit Court of Cook County pursuant to the Illinois Mortgage Foreclosure Law (735 ILCS 5/15-1101 et seq), only to later learn that the named mortgagors, McGahan and Hunter, died prior to filing the complaints.
6) Mortgagees have a duty to act in good faith and equitably with its contracting parties.
As a business matter, mortgagees will want to be convinced of tangible hope for payment by the mortgagor under a new realistic repayment plan.