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...
- Second mortgages, commonly referred to as junior liens, are loans secured by a property in addition to the primary mortgage. Depending on the time at which...
- not require monthly mortgage payments. Borrowers are still responsible for property taxes or homeowner's insurance. Reverse mortgages allow older people...
- 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...
- can be calculated. Fixed-rate mortgages are vulnerable to inflation risk, which means that borrowers with such mortgages are better off under unexpectedly...
- mortgages therein. Under what has come to be called the "intermediate theory" of mortgages, a mortgage is viewed as creating a lien on the mortgaged property...
- 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...
- 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...
- VA ****umable mortgages make up approximately 18%, or one out of every six, mortgages in the United States. The ****umption of a mortgage by the purchaser...