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-INTEREST DEDUCTION - Interest expense on a home loan that governments allow homeowners to subt...
  
  
• MORTGAGE-PIPELINE RISK - The risk associated with taking applications from prospective mortgage borrowe...
  
  
• MORTGAGEE - A secured party to whom insurance proceeds are paid as stipulated in a mortgagee payee clau...
  
  
• MORTGAGEE CLAUSE - A provision in a hazard insurance contract stipulating that in the event of a loss, ...
  
  
• MORTGAGEE IN POSSESSION - A lender that has taken over control and occupancy of a property upon default...
  
  
• MORTGAGEE WAIVER - A document obtained by some secured lenders with a collateral interest in property c...
  
  
• MORTGAGEE'S TITLE INSURANCE - An insurance policy protecting the lender for the amount of the loan in t...
  
  
• MORTGAGER - The borrower of a loan secured by property.
  
  
• MORTGAGOR - In a mortgage transaction, the buyer/borrower is the mortgagor. The mortgagor is required t...
  
  
• MOSCOW INTERBANK CURRENCY EXCHANGE (MICEX) - Established in 1992, the most liquid and best organized fi...