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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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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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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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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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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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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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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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debenture
debenture , document acknowledging indebtedness. In Great Britain a debenture is practically the same as a bond , and debenture stock is similar to preferred stock. In the United States the term is usually employed for a corporation certificate without special security, such as a mortgage, to back... Read more |
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discharge
...bankrupt) of liability. ∎ release (a party) from a contract...often be discharged) Physics release or neutralize the electric...completion or breach: an existing mortgage to be discharged on completion...discharge. ∎ Physics the release of electricity from a ... |
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Equity Release Mortgage Myths Busted on the Release Equity UK Website.
...surrounding equity release mortgages. The company's management...for equity release mortgages in the UK. One of...why equity release mortgage application submissions...granted an equity release ... |
 "The Mail on Sunday (London, England)")
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Tuning up your equity release mortgage for a topping deal; New rates make it...
...Womack EQUITY release companies have...is a lifetime mortgage. Interest is...RATES for lifetime mortgages are fixed for...as conventional mortgages. Lenders also...promise that the mortgage debt will never...standing equity ... |
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Hamptons joins KRS equity release mortgage club.
Hamptons Mortgages has signed up to Key...Solutions' equity release mortgage club, Lifetime Advisory...director of Hamptons Mortgages, says: "KRS is at...execution in lifetime mortgages easier." Dean Mirfin...creme de la creme of ... |
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OFFICE OF THE COMPTROLLER OF THE CURRENCY, OFFICE OF THRIFT SUPERVISION...
...issued the following news release: Delinquencies and foreclosures on first-lien mortgages continued to increase during...all first-lien U.S. mortgages, shows: * The number of...achieving more sustainable mortgage payments. Modifications...were considerably ... |
 "The Birmingham Post (England)")
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Personal Finance: New equity release mortgage.(Features)
...General has launched an equity release mortgage that it claims protects customers...equity and repossession. The Equity Release mortgage guarantees that householders...G says customers can use Equity Release to raise money to boost their ... |
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OFFICE OF COMPTROLLER OF CURRENCY, OFFICE OF THRIFT SUPERVISION RELEASE...
...issued the following news release: Actions to keep Americans...Supervision. The latest OCC and OTS Mortgage Metrics Report showed that...resulted in higher rates of mortgage delinquencies and foreclosures...9 percent of all serviced mortgages, respectively, ... |
 "Birmingham Mail (England)")
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Some of the better, equity release mortgage rates:.(Features)
...Perhaps the lowest rate equity release mortgage on offer at the moment is from...fees. The amount of money you can release depends on the age of the youngest...fixed rate: The majority of equity release deals are fixed rates and this... |
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Garrett to Release Mortgage Market Reform Plan.(Regulation &...
...bill to reform the secondary mortgage market on Thursday. Garrett...finance system, said in a press release that the proposal will ensure robust private investment in the mortgage market without a government...Democrats. Garrett plans to release his proposal ... |
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COMPTROLLER OF CURRENCY, OFFICE OF THRIFT SUPERVISION RELEASE MORTGAGE...
...the following news release: National bank and...Supervision. The OCC and OTS Mortgage Metrics Report for...current and performing mortgages dropped for the sixth...largest category of mortgages. Serious delinquencies...6 percent of prime ... |
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The structure of the Portman's new equity-release mortgage is nothing new....
The structure of the Portman's new equity-release mortgage is nothing new. It fits the same roil-up type as other fixed-rate schemes which have been available for some time. But any... |
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