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Acronyms that contain the term mortgage law
Page #10What does mortgage law mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: mortgage law.
Possible matching categories:
Term | Definition | Rating |
---|---|---|
RIMBA | Rhode Island Mortgage Bankers Association | |
CMHC | Canada Mortgage and Housing Corporation | |
FMBN | Federal Mortgage Bank of Nigeria | |
XXDTB | Banyan Mortgage Investors, Limited Partnership II (de-listed) | |
MLF | Mortgage Loan Fraud | |
TMAC | The Mortgage Acquisition Corporation | |
AHMC | Acceptance Home Mortgage Corporation | |
MBS | Mortgage Backed Security | |
FDMR | Fixed Deposit Mortgage Rate | |
MOP | Mortgage Origination Program | |
GPM | Graduated Payment Mortgage | |
IMGC | India Mortgage Guarantee Corporation | |
MCMF | Murdoch Clarke Mortgage Fund | |
IMBA | Indiana Mortgage Bankers Association | |
MCR | Mortgage Call Report | |
TMLF | The Mortgage Law Firm | |
TMLF | The Mortgage Law Firm | |
HMFA | Housing and Mortgage Finance Agency | |
HMFA | Housing and Mortgage Finance Agency | |
LPMI | Lender Paid Mortgage Insurance | |
MLO | Mortgage Loan Origination | |
HYM | High Yield Mortgage | |
SMI | Support for Mortgage Interest | |
PLAM | Price Level Adjusted Mortgage | |
RMBS | Residential Mortgage Backed Security |
What does mortgage law mean?
- Mortgage law
- A mortgage is a security interest in real property held by a lender as a security for a debt, usually a loan of money. A mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower. The word is a Law French term meaning "dead pledge," originally only referring to the Welsh mortgage, but in the later Middle Ages was applied to all gages and reinterpreted by folk etymology to mean that the pledge ends either when the obligation is fulfilled or the property is taken through foreclosure. In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than on other property and in some jurisdictions only land may be mortgaged. A mortgage is the standard method by which individuals and businesses can purchase real estate without the need to pay the full value immediately from their own resources. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property.
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"mortgage law." Abbreviations.com. STANDS4 LLC, 2024. Web. 12 Jun 2024. <https://www.abbreviations.com/mortgage%20law>.
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