What is mortgage? definition and meaning
Definition of mortgage: A loan to finance the purchase of real estate, usually with specified payment periods and interest rates. The borrower (mortgagor) gives .
Mortgage Definition | Investopedia
Mortgages are used by individuals and businesses to make large purchases of real estate without paying the entire value of the purchase up front.
mortgage loan payable definition | AccountingCoach.com
A liability account whose balance is the unpaid principal balance as of the balance sheet date. The amount of principal.
Encumbrance | Define Encumbrance at Dictionary.com
Encumbrance definition at Dictionary.com, a free online dictionary with . Governmental account. . Law. a burden or claim on property, as a mortgage. Relevant .
What is mortgage loan? definition and meaning
Definition of mortgage loan: A loan to finance the purchase of real estate, usually with specified payment periods and interest rates. The borrower (mortgagor) .
FAQs: Final CIP Rule - FinCEN
dealer or mortgage broker within the exclusion from the definition of account for loans acquired through an acquisition, merger, purchase of assets, .
Definition of Mortgage Escrow | eHow.com
Definition of Mortgage Escrow. Mortgage escrow accounts are a type of savings accounts set up by lenders. In cases where a lender's collateral is lost, escrow .
Definition of an Escrow Account - Mortgage - LoveToKnow
When you're going through the home buying process you may repeatedly hear the definition "escrow account." If these words are confusing to you then don't .
What is pledged account mortgage (PAM)? definition and meaning
Definition of pledged account mortgage (PAM): Mortgage loan in which the repayment settlements are supplemented by the interest income and/or funds drawn .
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Mortgage Terms and Definitions
An example of this would be a standard 30-year mortgage amortization . The A.P.R. takes into account "points" or "closing costs" that may be included in your .
Mortgage - Definition of Mortgage - Loan Glossary
Definition: A mortgage is an agreement to give up an interest in something if you fail to perform some duty. In many cases, it means that you'll give up your home .
Mortgage Glossary, Mortgage Terms, Definitions
Mortgage Definitions, Home Loan Terms, and Real Estate Definitions. . In FHA mortgage transactions an escrow account usually refers to the funds a .
mortgage - definition of mortgage by the Free Online Dictionary ...
Definition of mortgage in the Online Dictionary. Meaning of mortgage. . ( Economics, Accounting & Finance / Banking & Finance) the deed effecting such an .
Mortgage | Define Mortgage at Dictionary.com
Mortgage definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!
Mortgage loan - Wikipedia, the free encyclopedia
The word mortgage is a French Law term meaning "death contract", meaning that . also take into account the (perceived) riskiness of the mortgage loan, that is, .
FDIC Law, Regulations, Related Acts - Consumer Protection
Nov 4, 2011 . (2) Section 203.27, the definitions other than Required use in § 3500.2, . of any mortgage loan, including amounts for escrow accounts under .
Total Community Credit Union: Definition of Mortgage Terms
Definition of Mortgage Terms . advertised rate on the mortgage, because it takes into account points and other credit costs, such as private mortgage insurance, .
Appendix A Federal Reserve Regulation Z Higher-Priced ...
What is the estimated ongoing annual cost of maintaining escrow accounts at your bank per loan originated that meets the definition of "higher-priced mortgage .