- of
property involves the
following parties. The borrower,
known as the
mortgagor,
gives the
mortgage to the lender,
known as the mortgagee. A mortgage...
- the
right of a
mortgagor to
redeem his or her
property once the debt
secured by the
mortgage has been discharged. Historically, a
mortgagor (the borrower)...
- (mortgagee), or
other lienholder,
obtains a
termination of a
mortgage borrower (
mortgagor)'s
equitable right of redemption,
either by
court order or by operation...
-
decree that
unless the
mortgagor paid the debt by a date
certain (and
after the law date set in the mortgage), the
mortgagor would thereafter be barred...
-
Typically with a bank, the lender/mortgagee
gives money to the borrower/
mortgagor, who uses
their property/land/home as
security (essentially a re****urance)...
- a
mortgage loan. Its
purpose is to
offset losses in the case
where a
mortgagor is not able to
repay the loan and the
lender is not able to
recover its...
- estate,
foreclosure is the
termination of the
equity of
redemption of a
mortgagor or the
grantee in the
property covered by the mortgage.
Depending on the...
-
outstanding debt
before selling the property.
Borrower (also
called a "
mortgagor"): the
person borrowing who
either has or is
creating an
ownership interest...
-
could not do were he a
trustee of the
power of sale for the
mortgagor. [...] The
mortgagor is
vitally affected by the
result of the sale but its preparation...
-
often done when the
value of the
property has
increased allowing the
mortgagor to
increase their mortgage taking cash out to
spend on
other things. The...
