Definition of Mortgages. Meaning of Mortgages. Synonyms of Mortgages

Here you will find one or more explanations in English for the word Mortgages. Also in the bottom left of the page several parts of wikipedia pages related to the word Mortgages and, of course, Mortgages synonyms and on the right images related to the word Mortgages.

Definition of Mortgages

Mortgage
Mortgage Mort"gage, v. t. [imp. & p. p. Mortgaged; p. pr. & vb. n. Mortgaging.] 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption. 2. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation. Mortgaging their lives to covetise. --Spenser. I myself an mortgaged to thy will. --Shak.
Mortgage
Mortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.] 1. (Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made. Note: It was called a mortgage (or dead pledge) because, whatever profit it might yield, it did not thereby redeem itself, but became lost or dead to the mortgager upon breach of the condition. But in equity a right of redemption is an inseparable incident of a mortgage until the mortgager is debarred by his own laches, or by judicial decree. --Cowell. Kent. 2. State of being pledged; as, lands given in mortgage. Chattel mortgage. See under Chattel. To foreclose a mortgage. See under Foreclose. Mortgage deed (Law), a deed given by way of mortgage.
mortgage
Record Re*cord" (r?*k?rd"), v. t. [imp. & p. p. Recorded; p. pr. & vb. n. Recording.] [OE. recorden to repeat, remind, F. recorder, fr. L. recordari to remember; pref. re- re- + cor, cordis, the heart or mind. See Cordial, Heart.] 1. To recall to mind; to recollect; to remember; to meditate. [Obs.] ``I it you record.' --Chaucer. 2. To repeat; to recite; to sing or play. [Obs.] They longed to see the day, to hear the lark Record her hymns, and chant her carols blest. --Fairfax. 3. To preserve the memory of, by committing to writing, to printing, to inscription, or the like; to make note of; to write or enter in a book or on parchment, for the purpose of preserving authentic evidence of; to register; to enroll; as, to record the proceedings of a court; to record historical events. Those things that are recorded of him . . . are written in the chronicles of the kings. --1 Esd. i. 42. To record a deed, mortgage, lease, etc., to have a copy of the same entered in the records of the office designated by law, for the information of the public.

Meaning of Mortgages from wikipedia

- mortgage or pension mortgage. Historically, investment-backed mortgages offered various tax advantages over repayment mortgages, although this is no...
- (Reverse Mortgage in Canada): How Does a Canadian Reverse Mortgage Work". Origin Mortgages DLC. Retrieved 12 September 2012. "Reverse Mortgages: How the...
- referred to as a "jumbo mortgage". Traditionally, the interest rates on jumbo mortgages are higher than for conforming mortgages, however with GSE fees...
- trillion of commercial and multifamily mortgages outstanding in the U.S. as of June 30, 2013. Of these mortgages, approximately 49% were held by banks...
- of mortgages and loans to Cerberus Capital Management. Cerberus purchased NRAM plc as part of the deal in May 2016, renaming it Landmark Mortgages. The...
- A mortgage-backed security (MBS) is a type of ****et-backed security (an 'instrument') which is secured by a mortgage or collection of mortgages. The mortgages...
- subprime mortgages, over 90% in 2006 for example, were adjustable-rate mortgages. Housing speculation also increased, with the share of mortgage originations...
- In many countries, adjustable rate mortgages are the norm, and in such places, may simply be referred to as mortgages. Among the most common indices are...
- markets for mortgages have become more competitive, however, the role of the mortgage broker has become more po****r. In many developed mortgage markets today...
- Many mortgages contain a power of sale clause, also known as nonjudicial foreclosure clause, making them equivalent to a deed of trust. Most "mortgages" in...
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