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 CONSTANT - Percentages that are an expression of the total interest and principal payments tha...
  
  
• MORTGAGE CORRESPONDENT - An authorized agent of a lender for a geographic area.
  
  
• MORTGAGE DERIVATIVE - any of several types of securities that pay their investors with cash flows gener...
  
  
• MORTGAGE DISABILITY INSURANCE - A policy of insurance which promises to pay periodic mortgage payments ...
  
  
• MORTGAGE DISCOUNT - the amount paid by the borrower to increase the yield of a mortgage to the lender. ...
  
  
• MORTGAGE DURATION - A modification of standard duration to account for the impact on duration of MBSs o...
  
  
• MORTGAGE FORMULAS - Equations used to derive common measures used in the mortgage market, such as month...
  
  
• MORTGAGE INSURANCE - If your down payment is less than 25% of the purchase price of the property, the l...
  
  
• MORTGAGE INSURANCE (MI OR PMI) - Insurance needed for mortgages with low down payments (usually less th...
  
  
• MORTGAGE INSURANCE (MI) - Insurance that covers the lender against some of the losses incurred as a res...