mortgage lien


Also found in: Financial.

mortgage lien

A charge against property as security for the payment of a loan.
References in periodicals archive ?
Supreme Court held a secured creditor's homestead mortgage lien interest cannot be reduced by a Chapter 13 bankruptcy.
The mortgage lien is granted to MERS by the borrower and the seller and that is what makes MERS the mortgagee.
Collateral for the loan includes a first mortgage lien on the subject property as well as a second mortgage lien on a 20-unit, multi-family rental property located at 515 East 12th Street in Alphabet City.
StreamLoan Title allows lenders to schedule a loan closing at the time the application is accepted by protecting the mortgage lien position, the sufficiency of the legal description and any vesting issues.
The transaction is secured by a first mortgage lien on five cross-collateralized, cross-defaulted luxury resort hotels with a combined room total of 3,287.
1 /PRNewswire/ -- VisiRelease, the leading residential mortgage lien release and assignment software, now offers an automated way to replace the decades old laborious and tedious process of residential release preparation.
We arranged financing that required payments at a pre-determined interest rate with no mortgage lien on the property or equity interest in the ownership.
The associated bonds are secured by an annual appropriation lease, which is backed by a first mortgage lien and security interest on a 69,000 square foot town hall building.
a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, today announced the acquisition of DOCX LLC ("DOCX"), a provider of mortgage lien release solutions, assignment services, county recording office requirements and fee calculators to the mortgage banking industry.
A key provision of the Astoria financing permitted the paydown of the proportionate share of the mortgage for each cooperative apartment converting to a condominium and release of the mortgage lien, as required upon the first conveyance of a condominium unit.
The loan is secured by additional and primary reserves from the borrower totaling $300,000 and $572,500, respectively, as well as a first mortgage lien on the university's 40,000 square foot facility located in near downtown Cleveland.
April 3 /PRNewswire/ -- VisiRelease, the industry leading mortgage lien release, reconveyance and assignment software continues to up the bar on productivity and efficiency.

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