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nouna conditional conveyance of property as security for the repayment of a loantype of:
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verbput up as security or collateraltype of:
Definition that contains mortgage
- lift pay off (a mortgage)
- foreclose subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage
- mortgagee the person who accepts a mortgage
- encumbrance a charge against property (as a lien or mortgage)
- savings and loan a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
- freddie mac a corporation authorized by Congress to provide a secondary market for residential mortgages
- federal home loan mortgage corporation a corporation authorized by Congress to provide a secondary market for residential mortgages
- incumbrance a charge against property (as a lien or mortgage)
- mortgage loan a loan on real estate that is usually secured by a mortgage
- real estate investment trust an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market