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 LOANS OUTSTANDING - the total dollar amount of money that is owed by mortgagors.
  
  
• MORTGAGE MANAGER - Mortgage managers are lending specialists who arrange funding for home and investmen...
  
  
• MORTGAGE NOTE - a written promise to repay a specified sum of money plus interest at a specified rate. ...
  
  
• MORTGAGE OFFSET - Mortgage offset accounts can help reduce your tax bill by offsetting taxable income f...
  
  
• MORTGAGE OFFSET ACCOUNT - A savings account run in conjunction with a home loan. The interest earned on...
  
  
• MORTGAGE ORIGINATION - the making of a new mortgage, including all steps taken by a lender to attract a...
  
  
• MORTGAGE ORIGINATOR - Originators initiate or generate mortgage applications for the mortgage trust. Pu...
  
  
• MORTGAGE PARTICIPATION - the division of a mortgage or pool of mortgages into units that are sold to on...
  
  
• MORTGAGE PASS-THROUGH - The simplest and oldest type of MBS. A pass-through is a security that provides...
  
  
• MORTGAGE PASS-THROUGH SECURITY - Also called a passthrough, a security created when one or more mortgag...