Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• MORTGAGE (FIXED OR INTEREST ONLY LOAN) - The amount borrowed is not repaid until the end of the term of...
  
  
• MORTGAGE (OPEN-END) - A mortgage with a provision that permits borrowing additional money in the future...
  
  
• MORTGAGE A) - A loan to purchase a home where the property is used as security in the event of non-paym...
  
  
• MORTGAGE ACCELERATION CLAUSE - A provision of a loan agreement that lets a lender demand payment of the...
  
  
• MORTGAGE APPLICATION - The form completed by a potential borrower which provides information the prospe...
  
  
• MORTGAGE APPLICATION FEE - The charge paid by the borrower for the honor of requesting a mortgage loan ...
  
  
• MORTGAGE B) - A legal document which expresses the terms and conditions applying to the lending of mone...
  
  
• MORTGAGE BACK - Same as a "vendor take-back mortgage". Financing of a purchase of property when the ven...
  
  
• MORTGAGE BACKED SECURITIES - Is a broad term which encompasses both generic and pool specific securitie...
  
  
• MORTGAGE BACKED SECURITIES HEDGE FUNDS - Generally focus on being long the actual mortgage backed secur...