mortgage, second

mortgage, second
hypothèque en deuxième rang

Investor's Forget-me-Nots Dictionary. 2014.

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  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • second mortgage — see mortgage Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. second mortgage n …   Law dictionary

  • second mortgage — ➔ mortgage1 * * * second mortgage UK US noun [C] (also remortgage, also US home equity loan) FINANCE, PROPERTY ► a loan that someone gets using their property as security (= an asset that the lender can take if the loan is not paid back), when… …   Financial and business terms

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — n. 1) to give a mortgage 2) to hold; receive; take out a mortgage on 3) to pay off a mortgage 4) to finance; foreclose; refinance a mortgage 5) a chattel; conventional; first; second mortgage * * * [ mɔːgɪdʒ] conventional first foreclose …   Combinatory dictionary

  • second mortgage — additional mortgage, second loan gained by placing a property in mortgage …   English contemporary dictionary

  • second — This term, as used in law, may denote either sequence in point of time or inferiority or postponement in respect to rank, lien, order, or privilege. As to second cousin second deliverance second distress second mortgage second surcharge …   Black's law dictionary

  • Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… …   Wikipedia

  • Mortgage fraud — is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States… …   Wikipedia

  • Mortgage modification — is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. Contents 1 Background 2 Types of… …   Wikipedia

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