plural of anaconda mortgage

A form of mortgage in which the seller of a property extends to the buyer a junior mortgage which exists in addition to any superior mortgages already secured on the property. The seller accepts a secured promissory note from the buyer for the amount due on the underlying mortgage plus an amount up to the remaining purchase-money balance.

(finance) Having mortgages as collateral.

plural of dragnet mortgage

plural of mortgage lender

Any financial institution that obtains its profit by lending mortgages for the purchase of property / (Britain) Any former mutual building society that is now a bank

(Australia) The residential suburbs that have a high concentration of families mortgaging their homes.

(finance) an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.

Synonym of endowment mortgage.

(US, finance) A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html)