[
UK
/mˈɔːɡɪdʒˌiː/
]
NOUN
-
the person who accepts a mortgage
the bank became our mortgagee when it accepted our mortgage on our new home
How To Use mortgagee In A Sentence
- Under the mortgage, the mortgagee is entitled to recover her legal fees as between solicitor and client.
- Hong Kong banks can begin repossession proceedings if a mortgagee fails to make loan repayments for three consecutive months.
- In certain cases, a prior mortgagee may make further advances to the mortgagor which will rank in priority to subsequent mortgages.
- So this was not a sale by a mortgagee at all; it was a sale expressly by agreement of the mortgagee, a sale by the mortgagor and the money going into a joint account…
- The valuer is liable in tort if he receives instructions from and is paid by the mortgagor but knows that the valuation is for the purpose of a mortgage and will be relied on by the mortgagee…
- The mortgagor sought payment of the surplus from the mortgagee's solicitors who held the funds in trust.
- Alternately, the Democratic leadership could add in key Democratic priorities, such as toughened financial regulations, bankruptcy law reforms helping homeowners prevent foreclosure, direct government aid to mortgagees, a tax on the financial industry to pay for the bailout, and the job-creating $60 billion economic stimulus/infrastructure spending package the House passed a few days ago. Turning a Wallstreet Giveaway into an Economic Rescue for All Americans
- I've heard talk the 'mortgagee' tag is used to drag out the bargain hunters to properties that are simply normal sales. New Zealand Herald - Top Stories
- Mr. Binder had attorned rents to the first mortgagee.
- What you are telling us is the relationship between the lessor and the lessee and mortgagee.