- of
property involves the
following parties. The borrower,
known as the
mortgagor,
gives the
mortgage to the lender,
known as the mortgagee. A mortgage...
- (mortgagee), or
other lienholder,
obtains a
termination of a
mortgage borrower (
mortgagor)'s
equitable right of redemption,
either by
court order or by operation...
-
mortgagee (lender) does not take
possession of the
title deeds from the
mortgagor (borrower) as security. A
puisne mortgage may be
registered with HM Land...
- 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...
-
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...
- 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)...
- v. Egan 15 La. Ann. 97, 98 (1860). In
considering whether to give the
mortgagor money damages or
restore the
property itself, the
court said in regard...
-
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)...
