from The Century Dictionary.
- noun One who mortgages; the person who grants an estate as security for debt, as specified under mortgage.
from the GNU version of the Collaborative International Dictionary of English.
- noun (Law) One who gives a mortgage.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun One who uses property they own as security for a loan, The
borrowerin a mortgageagreement.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the person who gives a mortgage in return for money to be repaid
Sorry, no etymologies found.
To sell future seasons' income is intrinsically more risky, both for the lender and the mortgager.
Would you take a foreclosure specialist position for a mortgager/bank?
Fellow mortgager Fannie Mae last month reported a $25.2 billion loss for the fourth quarter.
After the mortgage has been fully repaid, the property then belongs to the mortgager, who is the buyer.
The necessary information about the quality of the mortgager is surely available, as evidenced by banks belatedly tightening up their lending to risky borrowers.
: Well, first of all, just because a mortgager files for bankruptcy, it's not a free ride.
For these mortgagers the current problems stem not from a lack of clarity over their creditworthiness, but from the chain of complexity between the mortgager and the ultimate lender, mediated by impenetrable legalese and arcane financial vehicles.
Speak of his style and stateliness, not the mere $250K from that now-defunct little mortgager FAN/FRED.
This is followed by language that says "hereby to be referred to as the mortgager."
My lord said, that, for his own part, he did not choose to meddle in money matters; that Mr. Pickle would find abundance of people ready to borrow it upon land security; but that he ought to be extremely cautious in a transaction of such consequence; promising, at the same time, to employ his own steward in seeking out a mortgager to whom it might be safely lent.