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Legal process affecting mortgages
Mortgage modification is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower
Mortgage_modification
Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates
Loan modification in the United States
Loan_modification_in_the_United_States
A loan modification company, also known as a mortgage modification company, is a business that helps homeowners in the United States modify the terms
Loan_modification_company
Section of the United States Bankruptcy Code
have allowed Chapter 13 to be used as a platform to expedite a mortgage modification application. An individual who is badly in debt can typically file
Chapter 13, Title 11, United States Code
Chapter_13,_Title_11,_United_States_Code
Agreement between a lender and a borrower to delay foreclosure
and the options include bringing the mortgage payments current, paying the loan in full, a mortgage modification plan, deferral of payments until the
Forbearance
Provider of mortgage loan servicing
Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which
Onity_Group
The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis. HAMP is part of
Making_Home_Affordable
American company
Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. MERS is a separate and distinct corporation that serves
Mortgage Electronic Registration Systems
Mortgage_Electronic_Registration_Systems
2007 mortgage crisis in the United States
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis
Subprime_mortgage_crisis
United States housing crisis
programs to assist homeowners. The Home Affordable Modification Program (HAMP) sought to lower monthly mortgage payments to around 31 percent of income by altering
2010 United States foreclosure crisis
2010_United_States_foreclosure_crisis
Legal process where a lender recoups an unpaid loan
and the subsequent subprime mortgage crisis there has been increased interest in renegotiation or modification of the mortgage loans rather than foreclosure
Foreclosure
Unethical lending practices
to act in good faith in working with a borrower to effectuate a mortgage modification as required by federal law. In some countries, legislation aims
Predatory_lending
underwater and near-underwater homeowners refinance their mortgages. Unlike the Home Affordable Modification Program (HAMP), which assists homeowners who are in
Home Affordable Refinance Program
Home_Affordable_Refinance_Program
American academic and government official (born 1954)
op-ed in The New York Times. Within the Bush administration, Bair's mortgage modification argument was initially at odds with the Treasury Secretary who believed
Sheila_Bair
Former American bank
authorities of SunTrust's participation in a U.S. Treasury Department mortgage-modification program. The bank said in the February filing that it could face
SunTrust
31, 2017, Weisselberg emailed Cohen with the subject: "Note and mortgage modification agreement for Trump Park Avenue Condominium." Weisselberg asked
Criminal trial of Donald Trump in New York
Criminal_trial_of_Donald_Trump_in_New_York
negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale
Loss_mitigation
Company that handles mortgage payments and services
modifications of mortgage upon default; and conducting or supervising the foreclosure process when necessary. Many borrowers confuse their mortgage servicer
Mortgage_servicer
Fraud relating to secured loans
Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase
Mortgage_fraud
American lawyer
suffering from the economic downturn, such as foreclosure "rescue" and mortgage modification schemes, phony debt-reduction and credit-repair services, bogus
Jon_Leibowitz
Form of debt modification
but it increases the amount of the monthly instalments. Mortgage modification Loan modification company Debt relief O'Sullivan, Arthur; Sheffrin, Steven
Debt_rescheduling
American government-sponsored enterprise
for mortgages in the US. Along with its sister organization, the Federal National Mortgage Association (Fannie Mae), Freddie Mac buys mortgages, pools
Freddie_Mac
Form of political corruption
banded together to penalize banks and reform the mortgage modification process, following the subprime mortgage crisis and the 2008 financial crisis. This example
Regulatory_capture
American politician (born 1968)
and filed two separate lawsuits against two Virginia Beach-based mortgage modification companies for charging customers up to $1,200 in illegal advance
Ken_Cuccinelli
Foreclosure rescue in the United States is where a mortgage that is in arrears and where the lender is at the stage of foreclosing on the loan agrees to
Foreclosure_rescue
US mortgage, financial services company
residential mortgages, mortgage refinancing, home loans, and home loan refinancing. As of 2023[update], it was one of the largest mortgage servicers in
Mr._Cooper_Group
interventions in mortgage modifications and their role in mitigating foreclosures during the housing crisis. Moreover, his study "Optimal Mortgage Refinancing:
Sumit_Agarwal
Overseas Voters Act 2010 Uniform Money Services Act 2000, 2004 Uniform Mortgage Modification Act 2024 Uniform Multiple-Person Accounts Act 1969, 1989 Uniform
List of uniform acts (United States)
List_of_uniform_acts_(United_States)
Surname list
Blaisdell, a United States Supreme Court decision upholding a state's mortgage modification law This page lists people with the surname Blaisdell. If an internal
Blaisdell
American behavioral real estate scholar
Andrew J.; Harrison, David M.; Seiler, Michael J. (2015-07-01). "Mortgage Modification and the Decision to Strategically Default: A Game Theoretic Approach"
Michael_J._Seiler
American businessman (born 1946)
trillion of mortgages (57% of all US mortgages). In November 2008, Lockhart announced the Streamlined Mortgage Modification Program designed to prevent the
James_B._Lockhart_III
Protest group against economic inequality
(February 27, 2012). "Bobby Hull, Former Marine In Foreclosure, Wins Mortgage Modification With Occupy Help". Huffington Post. Norfleet, Nicole (April 7, 2012)
Occupy_Minneapolis
American philanthropist and finance officer
Stand-To Veteran Leadership Initiative. In April 2009, Meek held a mortgage modification event for homeowners and lenders at a Stamford, Connecticut community
Chris_Meek
U.S. large cap stock market index
modified index funds; they replicate the performance of the index with modifications such as the use of covered call strategies, equal weighting, performance
Nasdaq-100
Part of French history (1815–1830)
traditional in its social and economic behaviour. Many eagerly took on mortgages to buy as much land as possible for their children, so debt was an important
Bourbon_Restoration_in_France
furnish significant documents in order to obtain mortgage modifications. This is uncommon in the mortgage industry, in which many lenders require extensive
American Homeowner Preservation
American_Homeowner_Preservation
The Subprime mortgage crisis solutions debate discusses various actions and proposals by economists, government officials, journalists, and business leaders
Subprime mortgage crisis solutions debate
Subprime_mortgage_crisis_solutions_debate
American loan servicing company
unfair, deceptive, and illegal practices in the servicing of subprime mortgage loans. The Commission distributed the $40 million as redress to affected
Select_Portfolio_Servicing
Office filed two separate lawsuits against two Virginia Beach-based mortgage modification companies for charging customers up to $1,200 in illegal advance
Ken Cuccinelli as Attorney General of Virginia
Ken_Cuccinelli_as_Attorney_General_of_Virginia
American multinational banking and financial services corporation
impact have led to numerous lawsuits and investigations regarding both mortgages and financial disclosures dating back to the 2008 financial crisis. Its
Bank_of_America
Defunct law firm headquartered in New York, United States
singled out the firm for its aggressive tactics that ruled out mortgage modifications, and brought class action suits against it. After state courts instituted
Steven_J._Baum_P.C.
Fourth race of the 2023 NASCAR Cup Series
points and four-race suspensions for the respective crew chiefs, as the modifications were deemed to be an L2 violation. For the No. 9 team, only the owner
2023 United Rentals Work United 500
2023_United_Rentals_Work_United_500
If the law expires, forgiven mortgage debt will be taxable. The same applies to foreclosures and to loan modifications in which principal is reduced
Mortgage Forgiveness Debt Relief Act of 2007
Mortgage_Forgiveness_Debt_Relief_Act_of_2007
Act of the Parliament of the United Kingdom
Extension Act 1867 An Act to extend the Factory Acts. The temporary modifications in the Schedule. 30 & 31 Vict. c. 106 Poor Law Amendment Act 1867 An
Statute_Law_Revision_Act_1875
Lending of money
the borrower pledges some asset (i.e., a car, a house) as collateral. A mortgage loan is a very common type of loan, used by many individuals to purchase
Loan
Systemic denial of services to some areas
isolation of minority inner-city neighborhoods through withholding of mortgage capital, making it even more difficult for neighborhoods to attract and
Redlining
US law creating the Troubled Asset Relief Program (TARP)
enhancements to encourage loan modifications to avert foreclosure. The bill does not provide a mechanism to change the terms of a mortgage without the consent of
Emergency Economic Stabilization Act of 2008
Emergency_Economic_Stabilization_Act_of_2008
2009 program addressing the sub-prime mortgage crisis in the US
potentially forgiving or deferring a portion of the borrower's mortgage balance. Mortgage servicers receive incentives to modify loans and to help the homeowner
Homeowners Affordability and Stability Plan
Homeowners_Affordability_and_Stability_Plan
other purposes. (Repealed by Postal Services Act 2000 (Consequential Modifications to Local Enactments) Order 2003 (SI 2003/1542)) Local Government Board's
List of acts of the Parliament of the United Kingdom from 1904
List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_1904
Financial practice supporting a contract's value
determine what went wrong with a mortgage. Forensic underwriting is a borrower's ability to work out a modification scenario with their current lien holder
Underwriting
This article provides background information regarding the subprime mortgage crisis. It discusses subprime lending, foreclosures, risk types, and mechanisms
Subprime crisis background information
Subprime_crisis_background_information
心ふきこみマイク) October 23, 1987 (1987-10-23) Nobita uses Doraemon's behavior modification microphone to make Gian apologize to him for his behavior. Later, Doraemon
List of Doraemon (1979 TV series) episodes (1987–2005)
List_of_Doraemon_(1979_TV_series)_episodes_(1987–2005)
US government program
automatically released. Privately held mortgages would be eligible for other incentives, including a favorable loan modification for five years. The authority
Troubled_Asset_Relief_Program
Application of economic techniques to real estate markets
consumer deposits, and make home mortgage loans. Mortgage bankers are companies or individuals that originate mortgage loans, sell them to other investors
Real_estate_economics
Large-cap American stock market index
Company (founded in 1906 as the Standard Statistics Bureau) began rating mortgage bonds and developed its first stock market index consisting of the stocks
S&P_500
Historic site in New South Wales, Australia
areas for their future sale. Sixty-three acres (25 ha) at Tempe were mortgaged to the Bank of Australia. In 1850 156 allotments, part of the Village
Timber_Slab_Cottage,_Tempe
other purposes. (Repealed by Postal Services Act 2000 (Consequential Modifications to Local Enactments) Order 2003 (SI 2003/1542)) Electric Lighting Orders
List of acts of the Parliament of the United Kingdom from 1900
List_of_acts_of_the_Parliament_of_the_United_Kingdom_from_1900
holder of an equitable mortgage getting better security by obtaining legal title to the security (whether by way of mortgage or otherwise). Usually this
Tacking_(law)
United States federal law
responded by enacting the revised Frazier–Lemke Act and naming it the "Farm Mortgage Moratorium Act" in 1935. The terms were modified to limit the moratorium
Frazier–Lemke Farm Bankruptcy Act
Frazier–Lemke_Farm_Bankruptcy_Act
U.S. initiative to provide aid to homeowners
CitiFinancial CitiMortgage Countrywide EMC Mortgage Corporation EverBank/EverHome Mortgage Company Financial Freedom GMAC Mortgage HFC HSBC IndyMac Mortgage Services
Independent foreclosure review
Independent_foreclosure_review
Modification Program, set up to help eligible home owners with loan modifications on their home mortgage debt. This section requires every mortgage servicer
Provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act
Provisions_of_the_Dodd–Frank_Wall_Street_Reform_and_Consumer_Protection_Act
Housing for people with disabilities
Accessible housing refers to the construction or modification (such as through renovation or home modification) of housing to enable independent living for
Accessible_housing
2025 Indian film by Subhash Kapoor
loses his land to local developer Raghunath Bharadwaj through forged mortgage documents. Despite his daughter-in-law Varsha’s protests, the legal system
Jolly_LLB_3
Historic site in New South Wales, Australia
In the same year he purchased Tillimby from J. H. Boughton and, with a mortgage on that land grant, borrowed money to progressively purchase the Ohio lands
Ohio_Homestead
Real estate bubble
above the CPI. Main article: Subprime mortgage crisis In autumn 2006, there was an inflexion in the advance of mortgage credit and prices began to fall (cf
2008–2014 Spanish real estate crisis
2008–2014_Spanish_real_estate_crisis
Historic site in New South Wales, Australia
salary payments for his last months in office. Accordingly, in 1823 he mortgaged the property to Samuel Terry for over £1300. Terry was the classic instance
Macquarie_Field_House
modifications, the bill would allow bankruptcy judges to reduce the principal amount contractually owed by the borrower under the original mortgage.
Helping Families Save Their Homes Act of 2009
Helping_Families_Save_Their_Homes_Act_of_2009
Heritage listed homestead in New South Wales, Australia
grand building plan when conditions seemed so inopportune. In any case he mortgaged the property almost immediately it was completed. But unlike many others
Willandra,_Ryde
Historic site in New South Wales, Australia
attached to this mortgage marks the cemetery, but the cemetery is not referred to as an exclusion within the detailed list of lands. The mortgage was discharged
Pearce_Family_Cemetery
the housing crisis, recording multiple nine-figure settlements against mortgage servicers. Harris also worked on privacy rights. She collaborated with
Kamala Harris as Attorney General of California
Kamala_Harris_as_Attorney_General_of_California
New Jersey state law protecting residential mortgage debtors
with the status of their mortgage—reflected in their consultations with a professional adviser and active loan modification negotiations with ASC—the
New Jersey Fair Foreclosure Act
New_Jersey_Fair_Foreclosure_Act
American businessman
subprime mortgage crisis and stayed for two and a half years. His main accomplishment was contributing to the Home Affordable Modification Program. The
Seth_Wheeler
Central banking system of the US
protection, such as the Truth in Lending, Equal Credit Opportunity, and Home Mortgage Disclosure Acts. Many of these consumer protection regulations apply to
Federal_Reserve
Legal rule prohibiting very long temporary interests in property
states has followed the English approach to perpetuities, with statutory modification. In New South Wales, for example, the Perpetuities Act 1984 limits perpetuities
Rule_against_perpetuities
Insurance that pays benefits upon the policyholder's death
is the principal and interest outstanding on a mortgage that is constantly being reduced by mortgage payments. The face amount of the policy is always
Life_insurance
Ancient Hindu text
deals exhaustively on subjects like creation of valid documents, law of mortgages, hypothecation, partnership and joint ventures. — M. Rama Jois, Legal
Manusmriti
Standard for financial instrument codes
Assets and Cash T = Repayment in Assets or Cash M = Others (Misc.) G = Mortgage-backed securities (MBS) Type of interest F = Fixed rate Z = Zero rate /
ISO_10962
Historic site in New South Wales, Australia
was buried in St. Peter's Cemetery, Campbelltown. Boon arranged an 1829 mortgage of A£252 on the property which is believed to have been used to build the
Holly_Lea_and_Plough_Inn
Real right in civil law for limited use
Usufructuary mortgage in the Indian market denotes a unique property financing arrangement where a mortgage issuer grants an usufruct to a mortgage holder.
Usufruct
American video game player (born 1965)
the "Mortgage Brokers" score, as it was allegedly achieved while Mitchell was attending the annual convention for the Florida Association of Mortgage Brokers
Billy_Mitchell_(gamer)
Period of extreme inflation in Germany during 1921–1923
address this, including a new currency called the Rentenmark, backed by mortgage bonds, later itself replaced by the Reichsmark, and the blocking of the
Hyperinflation in the Weimar Republic
Hyperinflation_in_the_Weimar_Republic
Amendment to the U.S. Dawes Act
in fee simple. The title owner of a lot had the legal right to sell or mortgage the property. An incorporated town or city had the right to self-regulation
Curtis_Act_of_1898
Relief Act (May 12) Agricultural Adjustment Act (May 12) Emergency Farm Mortgage Act (May 12) Tennessee Valley Authority (May 18) Securities Act (May 27)
History of the United States government
History_of_the_United_States_government
1975–2014 period in Spanish history
bubble" was fed. But in the summer of 2007, the outbreak of the subprime mortgage crisis in the United States had an immediate repercussion in Europe and
Reign_of_Juan_Carlos_I
Legal status for relief from debts
home mortgages may declare bankruptcy.[relevant?] Bankruptcy and foreclosure discharges the obligation to pay mortgage interest, but not mortgage principal
Bankruptcy
Global stock market crash
administration eventually resumed their new tariffs on August 7, but with modifications to the rates and affected products. By December 2025, half of all imports
2025_stock_market_crash
Access to Mortgage Credit". whitehouse.gov. Retrieved March 13, 2026 – via National Archives and Records Administration. "Promoting Access to Mortgage Credit"
List of executive orders in the second Trump presidency
List_of_executive_orders_in_the_second_Trump_presidency
American novelist (born 1944)
(Real Estate Finance, August 2005) ""Loan Modification Programs: A Great Alternative to Refinancing a Mortgage"" (Real Estate Finance, October 2005) ""The
Joseph_Badal
Country in the Caribbean
in Cuba, and 85% of Cubans own their homes and pay no property taxes or mortgage interest. On 2 August 2011, The New York Times reported that Cuba reaffirmed
Cuba
Historic site in New South Wales, Australia
nine-inch (22 cm) brick wall dividing the two cottages. The raising of a mortgage after purchase by Bartlett suggests the house may have been built during
Ben_Chifley's_House
Method of determining when the economy has entered a recession
state. The Morgan Stanley economists combined their approach with the modification made by Michaillat and Saez, which uses two thresholds, to create the
Sahm_rule
Historic site in New South Wales, Australia
Fowler, who then leased it to Messrs. Giles and Ritchie. It was further mortgaged to Samuel Lyons, an auctioneer, who, in 1843, finally disposed of the
Tulkiyan
NBA professional basketball team season
until after the free-agent moratorium ends on July 6, sometimes with modifications from the initial reported trade or multiple trades combined. Trade details
2026–27_Utah_Jazz_season
Vice President of the United States from 2021 to 2025
the housing crisis, recording multiple nine-figure settlements against mortgage servicers. Harris also worked on privacy rights. She collaborated with
Kamala_Harris
Economic conflict since 2018
allowed for family care, medical and educational expenses, as well as for mortgage interest. The tax cuts were worth around CN¥2.3 trillion (US$324 billion)
China–United_States_trade_war
Historic site in New South Wales, Australia
interest in the property, carrying 625 pounds of the purchase price in a mortgage due on 22 September 1922 but Ritchie paid it out two years earlier. The
Lennox_House,_Parramatta
Set of global prudential standards for banks
little capital. This was considered part of the cause of the US subprime mortgage crisis, which started in 2008. The so-called Basel 2.5 revisions introduced
Basel_Framework
Roman emperor from AD 98 to 117
estate taxes and philanthropy. The alimenta also relied indirectly on mortgages secured against Italian farms (fundi). Registered landowners received
Trajan
Clause of the U.S. Constitution which prohibits certain actions by state governments
Court upheld a Minnesota law that temporarily restricted the ability of mortgage holders to foreclose. The law was enacted to prevent mass foreclosures
Contract_Clause
Historic site in New South Wales, Australia
income. Lacking any training, his troubles with borrowing money led to his mortgaging all his properties, Box Hill's subdivision and sale and George's eventual
Box_Hill_House
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
Surname or Lastname
English, Welsh, Scottish, and Irish (of Norman origin)
English, Welsh, Scottish, and Irish (of Norman origin) : habitational name from Mortemer in Seine-Maritime, France, so called from Old French mort(e) ‘dead’ + mer ‘sea’ (Latin mare). The place name probably referred to a stagnant pond or partly drained swamp; there may also have been an allusion to the Biblical Dead Sea seen by crusaders. The Norman surname was taken to Ireland from England in the medieval period, where it has also been adopted by bearers of the Gaelic surnames Mac Muircheartaigh and ÓMuircheartaigh, commonly Anglicized as McMurty and Mortagh. Compare McMurdo.
Surname or Lastname
German
German : habitational name for someone who lived at a house distinguished by the sign of a panther, Middle High German panter (see Panther 1).North German : occupational name for a mortager or pawn broker, from a contracted form of Pfandherr.English (mainly Northamptonshire) and Scottish : occupational name for a servant in charge of the supply of bread and other provisions in a monastery or large household, Middle English pan(e)ter (Old French panetier).
Girl/Female
Hindu, Indian
Supportive; Modification of the Name Saranya
Surname or Lastname
Chinese
Chinese : variant of Tang 2.Chinese : variant of Tang 3.Chinese : from a modification of the character Zhong (). In the Xia dynasty (2205–1766 bc), there existed a senior adviser whose name was Zhonggu. Much later, in the Ming dynasty (1368–1644 ad), some descendants settled along a river that became known as the Tong Family river. As the Manchus moved southwards, some took up residence by this river and they too adopted Tong as their surname.Chinese : from Lao Tong, the ‘style name’ given to a son of Zhuan Xu, legendary emperor of the 26th century bc. Two of his sons became important advisers to the next emperor, Ku. Some descendants of Lao Tong adopted a character from his style name as their surname.Chinese : see also Dong.English : metonymic occupational name for a maker or user of tongs (Old English tang(e)), or a habitational name from one of the places named with this word (there are examples in Lancashire, Shropshire, and West Yorkshire), from their situation by a fork in a road or river, considered as resembling a pair of tongs.English : topographic name for someone who lived on a tongue of land, or a habitational name from a place named with this word (Old English tunge, Old Norse tunga), for example Tonge in Leicestershire.Dutch : from a short form of the personal name Antonius (see Anthony). It could also be from Dutch tong ‘tongue’ and hence a nickname for a chatterbox or scold, or possibly a shortening of Van Tongeren, a habitational name for someone from Tongeren in the province of Gelderland.
Girl/Female
Australian, Celtic, Christian, French, Swiss
Dweller of the Sea
Surname or Lastname
English (of Norman origin)
English (of Norman origin) : habitational name from Mortagne in La Manche, France. This surname may have been sometimes confused with Morton.
Surname or Lastname
English
English : habitational name from any of various places named Whitfield, for example in Derbyshire, Kent, Northamptonshire, and Northumberland, named with Old English hwīt ‘white’ + feld ‘open country’, because of their chalky or soil.Henry Whitfield (1597–c.1657), preacher and scholar, came from Mortlake, Surrey, England (now part of Greater London) to New Haven, CT, in 1639 and was one of the first settlers in Guilford, CT. He had ten children, some of whom he left in CT when he returned to England in 1650, where he died.
Female
English
English variant spelling of French Morgaine, probably MORGANE means "sea circle."
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
Boy/Male
Indian, Punjabi, Sikh
Victory of Knowledge
Biblical
that made the sun stand still
Girl/Female
Tamil
A winner
Girl/Female
French
Thoughtful.
Boy/Male
Hindu, Indian
With Great Speed
Female
Scandinavian
Scandinavian form of Greek Hagne, AGNETHA means "chaste; holy."
Girl/Female
Hindu, Indian, Marathi, Sanskrit, Tamil
Goddess of Beauty; Lovely Woman
Girl/Female
Arabic, Indian, Muslim, Parsi
Kiss
Girl/Female
French American Latin English
Bright.
Boy/Male
Gaelic Welsh
surname Cairn meaning landmark or memorial of piled-up stones.
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
MORTGAGE MODIFICATION
n.
One who gives a mortgage.
v. t.
To engage as a pledge; to mortgage.
v. t.
Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
n.
Capacity for carrying; tonnage.
imp. & p. p.
of Mortgage
p. pr. & vb. n.
of Mortgage
n.
State of being pledged; as, lands given in mortgage.
n.
A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
v. t. & i.
To carry (goods, boats, etc.) overland between navigable waters.
v. t.
To redeem from mortgage.
n.
gives a mortgage.
n.
The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reentering upon an estate mortgaged. See Equity of redemption, under Equity.
n.
Pledge; security; bail. See Mortgage.
n.
A kind of pledge or mortgage.
n.
A carry between navigable waters. See 3d Carry.
n.
The person to whom property is mortgaged, or to whom a mortgage is made or given.
n.
Alt. of Mortgagor
v. t.
To recall, as an estate, or to regain, as mortgaged property, by paying what may be due by force of the mortgage.
v. t.
To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
n.
The price of carriage; porterage.