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Mortgagor
(redirected from Mortgage Holders)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
Mortgagor
In a mortgage, the party that borrows funds. The mortgagor must repay the amount borrowed to the mortgagee (which is usually a bank).
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These rules provided government incentive payments to lenders, borrowers, servicers, and second mortgage holders for completing short sales.
Bruce Olvin McBarnette Comments On New Short Sale Rules by PR Newswire
He said: "With over 40,000 residential mortgage holders 90 days or more in arrears on their mortgages, it could fast become hugely counter-productive for banks to risk increasing interest rates on top of ECB increases.
MORTGAGE MISERY FOR THE NEW YEAR; Standard variable rates set to ... by The Mirror (London, England)
The upshot may be that the mortgage holders may actually pay delinquent mortgagors to leave their homes and give deed to the holder of the mortgage.
Mortgage Mandates by Ryan, Juan J. / The New American
 
 
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