mortgagees
Banks holding liens
Mortgagees are the parties who lend money in a mortgage—typically banks or other financial institutions.
The mortgagee holds a security interest in the property until the loan is repaid.
The mortgagees foreclosed after six months of missed payments.
The borrowers who receive the loans are mortgagors.
Those who provide loans
- creditorsThose owed payment
- lienholdersCreditors with security interests
- assigneesRecipients of delegated duties
- beneficiariesThose who receive advantages
foreclosers · pledgees · loaners · financiers
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- receivershipCourt-ordered asset management
- enforcementCompelling compliance with rules
- accelerationRate velocity changes
collection · recovery · redemption · priority · subrogation · assignment · discharge · release
Financial institutions or riversides
- credit unionsMember-owned financial cooperatives
- building societiesMutual home-loan institutions
- savings and loansHome mortgage financial institutions
- financial institutionsEntities handling monetary services
housing finance · Fannie Mae · Freddie Mac · insurance companies · pension funds · lending institutions · institutional investors
lenders
Those who provide loans
- creditorsThose owed payment
- lienholdersCreditors with security interests
- assigneesRecipients of delegated duties
beneficiaries · foreclosers · pledgees · loaners · financiers
foreclosure
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- receivershipCourt-ordered asset management
- enforcementCompelling compliance with rules
acceleration · collection · recovery · redemption · priority · subrogation · assignment · discharge · release · marshalling
banks
Financial institutions or riversides
- credit unionsMember-owned financial cooperatives
- building societiesMutual home-loan institutions
- savings and loansHome mortgage financial institutions
financial institutions · housing finance · Fannie Mae · Freddie Mac · insurance companies · pension funds · lending institutions · institutional investors
mortgageesmortgagors
Those who pledge property
borrowers · debtors · homebuyers · homeowners · mortgage holders
- mortgage ratesCost of borrowing for property
- second mortgageSubsequent lien on property
- mortgage paymentRecurring housing debt transfer
- mortgage brokerArranges home financing
- mortgage loanDebt secured by property
- mortgage agreementsProperty purchase financing contracts
mortgage, mortgages, mortgaged, mortgagee, unmortgaged, remortgaged, remortgage, remortgages