Categorized by age and other factor like occupation is data gathered on the rate of death among groups of people by insurance companies.

In masonry construction , to fill the interstices, and as a binding material, a cement, sand, and water mixture is used.

Mors omnia solvit. Death dissolves all things. Jenk. Cent p. 160, case 2. Applied to the case of the death of a party to an action.

a term hat means to pay of any indebtedness by regular installments .

Over the life of the mortgage principal and interest amounts are shown by payment date in this type of document.

A lien on the bond issuer’s assets, payable from the issuer’s income secures this type of bond. These bonds offer a more predictable maturity with call protection against the bond’s […]

Debt instrument with ownership right to each mortgage’s fractional part of its pool of mortgages backing the security. These are considered ‘ investment grade ‘ instruments, with paid income generated […]

Debt instrument with no ownership right to each mortgage’s fractional part of its pool of mortgages backing the security. These are considered ‘ investment grade ‘ instruments, with paid income […]

US term for an entity that originates mortgages and sells them to investors in the secondary mortgage market as its primary function. A mortgage banker derives income principally from origination […]

Real estate finance professionals organized as a national organization . The association ‘s professional members include mortgage brokers and their companies, as well as life insurance companies, banks, and mortgage […]

Signed document by a borrower-mortgagor giving a lender-mortgagee the right to claim and sell the collateral-mortgaged property a default on the loan agreement occurs. It is not an absolute sale […]

Not a party to the transaction , yet, on behalf of a borrower, seeks to obtain optimum rates and terms as a financing professional .

the term that is applied to the mortgage on personal property rather than real estate .

Usually included as an attachment as a part of an insurance policy , this type of provision makes an insurance claim payable to both a policy holder, as the mortgagor, […]

Written confirmation from a buyer’s bank to a property seller that the buyer will complete the purchase as the buyer’s mortgage loan will occur.

the term applied to the contract where a person binds his property to another should he not pay a loan.

A person servicing a loan for a fee for someone else. A mortgage banker differs because the banker originates, sells, and services the mortgage loan . A mortgage broker differs […]

The issuing firm’s specified assets are collateral in a mortgage for this corporate loan.

Collateralized property secures the mortgage for this debt.

A type of insurance that protects the borrower from default.

Investor’s income generating security from the principal and interest payments on the underlying mortgage pool . Mortgage derivate securities are both mortgage backed and mortgaged backed pass-through.

a term that applies to investment that are risky and based on the direction of future interest rates

Length of a mortgage, typically in years, unless some principal pre-payment occurs. For an asset that is not property, it can be the number of years until an investor receives […]

the term given to the lien recognised by a court of equity where no legal mortgage exist.

Calculate: the property investment’s value minus the remaining mortgage amount owed. Requires knowing the financing used to secure the asset, the general property value, and mortgage amount still owed.