DailyStocks.com
Sign up   Log In
Forgot Password
MyDailyStocks
Make Me Your Home Page
What's New
Site Map
Help
FAQ
  
MARKETS OTCBB NEWS STOCKS EDUCATION SAVING TIPS FINANCE SITE PORTAL
FREE MONTHLY NEWSLETTER DAILY HOT MICROCAPS LARGE CAP GROWTH STOCKS INSIDER BUYING SOCIAL MEDIA STOCKWATCH MAJOR FUNDS BUYING
Symbol:
Bookmark and Share

MARKET WATCH
DayTrading Portal
INVESTING
Free Newsletter
Hot Penny Stocks
Large Cap Growth Stocks
Insider Buying
Social Media Stockwatch
Major Funds Buying
Daily Insider Buy
Daily Activist Buy
Zacks Analysts
INVESTING EDUCATION
Investing Concepts
Technical Analysis
Glossary
LIVING TIPS
Money/Finance
Automotive
Bridal
Business
Business to Business
Community
Education/Careers
Español
Family Living
Fashion/Fitness
Food/Recipes
Gift Ideas
Green Living
Health Information
Health/Wellness
Home Decorating
Home Improvement
Hot Topics
How-To
Kitchen/Bed/Bath
Lawn/Garden
News Release
Pets
Real Estate
Seasonal
Senior Living
Tech Talk/Innovation
Travel
BONUS
Money/Taxes
Graduation/Careers
Summer Real Estate
How-To
Summer Lawn/Garden Patio
Boomer and Beyond
Summer Living

GLOSSARY: Enter search term:
Browse dictionary by letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Glossary Term: MORTGAGE

Definition(s) for MORTGAGE:


1. ) Debt instrument by which the borrower (mortgagor) gives the lender (mortgage) a lien a property as security for the repayment of a loan. The borrower has use of the property, and the lien is removed when the obligation is fully paid. A mortgage normally involves real estate. See also Debt.

2. ) A temporary and conditional pledge of property to a creditor as security for the repayment of a debt.

3. ) a lien on the property that secures the Promise to repay a loan

4. ) A legal document that pledges property to a lender as security for the repayment of the loan The term also is used to refer to the loan itself

5. ) The mortgage, deed of trust, or other instrument creating a first lien on an estate in fee simple or leasehold interest in real property securing a Mortgage Note.


See Also:
ADJUSTABLE-RATE MORTGAGE (ARM), BALLOON MORTGAGE, CHATTEL MORTGAGE, COLLATERALIZED MORTGAGE OBLIGATION (CMO), CONFORMING MORTGAGE, CONVENTIONAL MORTGAGE, FEDERAL HOME LOAN MORTGAGE CORPORATION (FHLMC), FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA), FEDERAL HOME LOAN MORTGAGE CORPORATION (FHLMC), FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA), GRADUATED PAYMENT MORTGAGE (GPM), HOME MORTGAGE DISCLOSURE ACT (HMDA), MORTGAGE BONDS, MORTGAGE CONSTANT, MORTGAGE LOAN, MORTGAGE NOTE, MORTGAGE PASS-THROUGH




Content Library
News
Insider Buys and Activist Buys
RESEARCH
Stock Search Engine
Guide to Financial Sites
FAQ
Investors Research Portal
Glossary
Company Overviews
Education
Forums
Work with DailyStocks
License our Glossary
Write for us
About us
Feedback
Partners & Sponsors
InvestingChannel
COPYRIGHT© 1997-2012 DailyStocks. All Rights Reserved. Privacy Policy.
Link to this page http://www.dailystocks.com/glossary_words/MORTGAGE.htm, notify us and we will consider your web site to our directory