mortgagor

(redirected from mortgager)
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 ?
To the contrary, it seems that most of defaulting mortgagers are simply unable to afford the loans and have no other assets.
Research in the West Town area of Chicago--which consisted particularly of interviews, and reviews of local community media--birthed a veritable laundry list of tactics in terms of "the less visible, day-to-day actions of speculators, mortgagers, realtors, developers, and the rest of the industry of gentrification" (Betancur, 2002, p.
pounds TWO out of five mortgage customers have never changed lender, say online mortgagers mform.co.uk.
Mortgagers are an important segment of the real estate industry.
Home-buyers, mortgagers, and lessees are all subject to a barrage of text detailing terms and costs.
In June 2000, 9% of private sector renters and 14% of private sector mortgagers had a residual income ratio of less than 30% of their income.
Available to both purchases and re- mortgagers with loans up to 75 per cent of the property value, this scheme has no fee and no compulsory insurance.
He went to the first mortgagers and told them he could run the properties better than they could, and that he would work for free.
US investment bible Barron's prompted the latest stock market rout for US mortgagers Freddie Mac and Fannie Mae, saying the Government might have to rescue the pair in a move likely to wipe out shareholders.
Heavy fines when he was caught saw him in Fleet (debtors')Prison by 1616 with his lands taken by mortgagers, though was buried in Westminster Abbey''.