Mortgage - Law Dictionary Search Results
pmi
pmi Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments
MBS
MBS mortgage-backed security
Federal National Mortgage Association
Matched in: Term Federal National Mortgage Association
Keep your definitions linked to case research
CMO
CMO : collateralized mortgage obligation
Equity of redemption
Equity of redemption. Before 1926 the equitable estate or interest left in a person after he had mortgaged his property. Now the right to call for a reconveyance of a legal estate or of an equitable
Further advance, or charge
Further advance, or charge, a second or subsequent loan of money to a mortgagor by a mortgagee, either upon the same security as the original loan was advanced upon, or an additional security, Equity considers
Notice
Companies (Consolidation) Act, 1908, and now ss. 79-83, and 87 of the (English) Companies Act,1929, avoided an unregistered mortgage as against a subsequent registered incumbrancer, even with express notice. The principle on which this case was decided
security
security pl: -ties 1 a : something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation [used his property as for
Title, Covenants for
see David v. Sabin, (1893) 1 Ch 523:- (A) In a conveyance for valuable consideration other than a mortgage by a person expressed to convey as beneficial owner:-That, notwithstanding anything done, omitted, etc., by the person conveying,
Proviso for redemption
Proviso for redemption. The condition in a conveyance upon mortgage whereby if the mortgagor pays to the mortgagee the principal, interest, and any other moneys secured by the
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