mortgagor

(redirected from Mortgage Holders)
Also found in: Dictionary, Thesaurus, Legal, Financial.

mortgagor

, mortgager
Property law a person who borrows money by mortgaging his property to the lender as security

mortgagor

The borrower who obtains a mortgage.
Mentioned in ?
References in periodicals archive ?
What we've found is that mortgage holders today are carrying more non-mortgage debt than at any point in the past 10 years, with an average of $25,000 per borrower.
While in reality, twice as many mortgage holders pay into a savings account as overpay their borrowing, when asked hypothetically how they would use any spare income, the most popular answer was overpaying their mortgage (48%), outstripping paying into savings (42%) and paying off credit card debt (33%).
Worried mortgage holders will get help and I shall do what I can to help those who lose their jobs.
24 trillion yen for fiscal 2001 and thereafter featuring a 941 billion yen tax break for mortgage holders, government officials said.
But when I finally got through to them in London, I was told it did not apply to mortgage holders here.
It specializes in auto and homeowners insurance for creditors such as mortgage holders.
The allocation of credit risk across mortgage holders, insurers, and purchasers depends on underlying assumptions about risk-mitigation activities, business relationships, loan-to-value ratio distributions, default rates, and loss severity rates.
Even when an assumption is accomplished, real estate attorneys warn that first mortgage holders need to obtain a release of liability.
Studies indicate that even though one-third of mortgage holders are currently underwater, nine out of ten continue to make their payments on time.
This will be a major blow to mortgage holders and the campaign which is hoping to force decreases in what can be charged.
More than half of mortgage holders have no plan in place for how they will cope with interest rate rises, according to research from a Government-backed body.
The courageous Dubliner has since joined an action group urging the Government to find a solution for the desperate financial situation of IBRC mortgage holders.

Full browser ?