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mortgage
mortgage in law, device for protecting a creditor by giving him an interest in property of his debtor. In common law a mortgage was a conditional sale; i.e., the mortgagor (debtor) sold realty (real property mortgage) or personal property (chattel mortgage), but if the debtor paid the debt by a... Read more |
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Mortgage discrimination
BUSINESS, MINORITY BUSINESS, MINORITY. The term "minority business" refers to businesses owned by members of racial or ethnic minority groups. Through the middle of the twentieth century, such enterprises were typically small businesses with relatively small amounts of working capital that served... Read more |
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Government National Mortgage Association
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION The Government National Mortgage Association (GNMA), also known as Ginnie Mae, is a corporation wholly owned by the federal government. Created by the Housing and Urban Development Act of 1968, 825 Stat. 491, GNMA is designed to support the federal... Read more |
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Federal Agricultural Mortgage Corp
Federal Agricultural Mortgage Corporation 1133 Twenty-First Street N.W., Suite 600Washington, D.C. 20036U.S.A.Telephone: (202) 872-7700Toll Free: (800) 879-3276Fax: (202) 872-7713Web site: http://www.farmermac.com Public CompanyIncorporated: 1987Employees: 38Total Assets: $3.84 billion... Read more |
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Federal National Mortgage Association
Fannie Mae 3900 Wisconsin Avenue, NWWashington, D.C. 20016U.S.A.Telephone: (202) 752-7000Toll Free: (800) 732-6643Fax: (202)-752-4934Web site: http://www.fanniemae.com Publicly Owned Government CorporationIncorporated: 1938 as National Mortgage Association of WashingtonEmployees: 4,200Total... Read more |
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Federal Home Loan Mortgage Corp
Federal Home Loan Mortgage Corporation commonly known as Freddie Mac, privately owned, government-sponsored organization that uses private capital to buy home mortgages as a means to help lower housing costs. A sister institution to the Federal National Mortgage Association , as well as a... Read more |
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Presupposition (Logic)
ASSUMPTION The undertaking of the repayment of a debt or the performance of an obligation owed by another. When a purchaser of real property assumes the mortgage of the seller, he or she agrees to adopt the mortgage debt, becoming personally liable for its full repayment in case of default. If a... Read more |
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Deficiency
DEFICIENCY A shortage or insufficiency. The amount by which federal income tax due exceeds the amount reported by the taxpayer on his or her return; also, the amount owed by a taxpayer who has not filed a return. The outstanding balance of a debt secured by a mortgage after the mortgaged property... Read more |
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Federal Home Loan Banks
Federal Home Loan Banks Twelve regional organizations in the USA that supply credit for savings and loans associations (the US equivalent of building societies) and other organizations providing domestic mortgages. They are independent organizations but since 1989 they have been supervised by a... Read more |
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Home Owners Loan Corporation
Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. It granted long-term mortgage loans to some 1 million homeowners facing loss of their property.... Read more |
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Part 2 Business and mechanical technology.(Part 1: A-F)(Definition)
...touching of adjoining land. Abutting pieces of land have a common boundary. Acceleration Clause--A provision in a written mortgage, note, bond, or conditional sales contract requiring that, in the event of default, the whole amount of principal and... |
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loan
loan • noun a loan from the banksynonyms: lending, moneylending, advancing; advance, credit, mortgage. |
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pawn
pawn • verb pawn her necklace to pay the rentsynonyms: deposit with a pawnbroker, put in pawn, give as security, pledge, mortgage; inf. hock, put in hock. |
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pledge
...affirm, avow. 2. they pledged $10 million synonyms: promise (to give), donate, contribute, give, put up. 3. his home is pledged as security against the loan synonyms: mortgage, put up as collateral, guarantee, pawn. |
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redemption
...return. 3. the redemption of credit vouchers synonyms: exchange, cashing in, conversion. 4. the redemption of the mortgage synonyms: paying off, paying back, discharge, clearing, honoring. 5. the redemption of his obligations synonyms: fulfillment... |
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limbo
limbo phrase: in limbo our mortgage approval is in limbosynonyms: in abeyance, unattended to, unfinished; suspended, deferred, postponed, put off, pending... |
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Top Mortgage Brokers.
...dropoffs (part 1 of 2) Company Location L.J. Melody and Co. Houston, TX Prism Mortgage Corp. Chicago, IL Skyscraper Mortgage Co. New York, NY Keystone Mortgage Partners, LLC Phoenix, AZ Mortgage Master Norwood, MA First Home Mortgage Corp... |
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Mortgage Banking Mergers and Acquisitions Announced in 1998.(Illustration)
...2 Growth Origin Rank Rank 1 38 Prism Mortgage, Chicago 2 33 Peoples Heritage Bank, Portland, Maine 3 67 Mortgage Investors Corp., St. Petersburg...National Bank of New York 6 47 Firstar Home Mortgage Corp., Bloomington, Minn. 7 25 Source... |
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Why mortgage fraud still exists: mortgage fraud was on the rise in 2009,...
...real estate markets in the United States, the mortgage and real estate industry remains one of the...Four Indicted in $6.8 Million New York Mortgage Fraud" or "Prosecutors Seek Mortgage Fraud Ring Victims." * In order to examine... |
 "The Independent (London, England)")
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Mortgage Survey: How to negotiate the mortgage maze With a frightening array...
...Herbert points to Mortgage Express and Bristol...offering 100 per cent mortgages without MIG...suggests considering mortgages from Nationwide...6 per cent on a mortgage, so it is quite...recent changes in the mortgage market. Some of...refusing to give mortgages to people they ... |
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Mortgage rates aren't falling for everyone
...benefit of lower mortgage rates. In fact...adjustable-rate mortgages are finding themselves...life of the new mortgage. In 1987, new adjustable mortgages outnumbered fixed...and make more mortgages. There is plenty of mortgage money around now... |
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Mortgage companies grabbing market share. (Finance Monday)
...departments by lending money to the mortgage companies and then buying mortgages from them. The mortgage companies also benefited from the...s loans this year are FHA or VA mortgages. As mortgage companies grow, they're taking... |
 "Albany Times Union (Albany, NY)")
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MORTGAGE RATES STILL DECLINING INTEREST NEARLY AT 9-YEAR LOW.(Main)
...in fixed-rate mortgages," Gordon Miller mortgage officer at Albany...adjustable-rate mortgage. Also, adjustable-rate mortgages with annual increase...regional manager of Key Mortgage Funding, adjustable-rate mortgages are more popular... |
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'Mortgage' no longer a dirty word for REIT investors; Trusts holding loans...
...As a result, mortgage REITs that hold agency-backed mortgages face less credit...into lower-rate mortgages. If this happens, mortgage REITs could take...of residential mortgage REITs that focused on subprime mortgages, such as New... |
 "Daily Herald (Arlington Heights, IL)")
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Mortgage options Despite credit crunch, loan alternatives available for...
...year fixed rate mortgages. Experts recommend...meeting with a mortgage representative...of American mortgages. With such a loan, a mortgage cannot be more...a conforming mortgage, he said...where second mortgages can be allowed... |
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Mortgage lenders meet borrowers' needs with a variety of products.(Knight...
...nation's largest mortgage backer, and Wells Fargo Home Mortgage, which estimates...one of every 15 mortgages in the United States...director of the Mortgage Bankers Association...to pay off their mortgages faster typically... |
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