Mortgaged - Law Dictionary Search Results
paraph
other required elements vt in the civil law of Louisiana : to affix a paraph to [ed the mortgage] ;also : to include (as particular words) in a paraph
partial claim
allows a borrower, with help from a lender, to get an interest-free loan from HUD to bring their mortgage payments up to date. Source: U.S. Department of Housing and Urban Development
partial payment
partial payment a payment that is less than the total amount owed on a monthly mortgage payment. Normally, lenders do not accept partial payments. The lender may make exceptions during times of difficulty. Contact
Keep your definitions linked to case research
predatory lending
predatory lending abusive lending practices that include a mortgage loan to someone who does not have the ability to repay. It also pertains to repeated refinancing of
prepayment
prepayment payment of the mortgage loan before the scheduled due date; may be Subject to a prepayment penalty. Source: U.S. Department of Housing
purchase
money or giving other valuable consideration ;specif : to take (property) by a voluntary transaction (as a sale, mortgage, pledge, lien, or gift) that creates an interest and that is governed by the Uniform Commercial Code see
rate cap
rate cap a limit on an ARM on how much the interest rate or mortgage payment may change. Rate caps limit how much the interest rates can rise or fall on the adjustment
servicer
servicer a business that collects mortgage payments from borrowers and manages the borrower's escrow accounts. Source: U.S. Department of Housing and Urban Development
real right
real property since it can also be attached to movable property. Real rights include ownership, use, pledge, usufruct, mortgage, and predial servitude.
record
office as a record and notice of a title or interest in property [ a deed] [ a mortgage] see also recording act 3 : to cause (as sound, images, or data) to be registered on something
- ‹ Prev
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 39
- 40
- Next ›
- Last »
Try the research workspace - 7 days free