To support their case, the bank submitted an affidavit from Dana Heisel, a vice president of EMC Mortgage Corporation, a mortgage servicer controlled by Bear Stearns.
Subprime refers to mortgages, which is not the subject of today's lecture, but a subprime mortgage is a mortgage issued to a borrower who is not considered prime--not a good risk.
The right of a mortgagee to enter upon real property to seize and sell chattels and apply proceeds to debt reduction.
These are the cells that tell us to take out a mortgage we can't afford, or run up credit card debt when we should be saving for retirement.
Feeling that a mortgage would only prolong their misery, they decided unanimously to sell out completely and have done with it.
A pledge is something more than a mere lien and something less than a mortgage.
A pledge is something more that a mere lien and something less than a mortgage.
A bond secured a mortgage on a property. The value of the property may or may not equal the value of the bond issued against it.
A mortgagor and a mortgagee shall conclude a mortgage contract in writing.
Article 38 A mortgagor and a mortgagee shall conclude a mortgage contract in writing.