Mortgagor

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Mortgagor

In a mortgage, the party that borrows funds. The mortgagor must repay the amount borrowed to the mortgagee (which is usually a bank).
References in periodicals archive ?
Our estimates, together with institutional knowledge, suggest that there are essentially five different distributions of loan-to-value ratios across mortgage holders and insurers (table B.
Banker's Portfolio, LLC secured a forward commitment for the purchase of the H4H securities and has been filling that commitment by entering into agreements with existing mortgage holders to provide a turnkey, outsourced H4H solution.
Irish Mortgage Holders Organisation met with them to discuss their circumstances and iCare have secured a deal with the bank to buy their home and rent it back to the family for [euro]51 a week.
No bank is compelled by any law or regulation to provide any solution to any distressed mortgage holder, it is completely at their choosing.
This is because most landlords provide in their leases that, if the holder of the mortgage acquires the property by foreclosure, such mortgage holder can terminate the lease and evict the tenant.
Aurora Highlands has been controlled by its first mortgage holder, Manulife Financial, since 1996 and consists of two 18-hole courses constructed on 247 acres of prime real estate, centrally located in the residential and commercial core in the Town of Aurora, just North of Toronto.
Without the statutory backing of the Code of Conduct on Mortgage Arrears, the fund would be perfectly within its legal rights to demand full repayment and initiate legal proceedings on a mortgage holder that misses one repayment.
Such debentures are subordinate to the company's indebtedness under its revolving credit facility with its existing lending institution and its existing mortgage holder.
AT least 5,000 more mortgage holders could be caught up in the tracker scandal, it has been revealed.
Mortgage mystery MORE than a quarter of mortgage holders do not know what interest rate they pay, a survey has found.
This means that just under half of mortgage holders have never experienced such a rise, raising vital questions around levels of awareness and preparation.
ONE IN 14 MORTGAGE HOLDERS 'WOULD STRUGGLE WITH A RATE RISE' ONE in five mortgage holders would be forced to make spending cutbacks if interest rates started rising - and one in 14 would seriously struggle to cope - a report has found.

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