Mortgaged - Law Dictionary Search Results
servicing
servicing the collection of mortgage payments from borrowers and related responsibilities of a loan servicer. Source: U.S. Department of Housing and Urban Development
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
redeem
collateral] b : to exercise an equity of redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective [a right to property prior to the actual
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refinance
revise the terms of (a debt obligation) esp. in regard to interest rate or payment schedule [ a mortgage] vi : to finance something anew
remedy
to put the parties in the position in which they were prior to the attempted agreement "First Nat'l Mortgage Corp. v. The Manhattan Life Ins. Co., 360 So. 2d 264 (1978)"] [specific performance and other equitable remedies]
revenue stamp
for use as evidence of a tax (as on a package of cigarettes, a proprietary article, or a mortgage or deed) : tax stamp
sale
satisfy a creditor's judgment against a debtor foreclosure sale : a sale of property upon default of a mortgage to satisfy the debt judicial sale : a sale of property conducted by an authorized official by order
satisfaction
and satisfaction compare accord, transaction c : a document indicating that an obligation has been satisfied [a of mortgage] 2 : the quality or state of being satisfied
savings and loan association
organized to hold savings of members in the form of dividend-bearing shares and to invest chiefly in home mortgage loans
secondary market
market in which previously issued securities are sold compare primary market 2 : the market in which existing mortgages are bought and sold
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