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n a right given to the creditor over the property of the debtor for the security of the debt; invests the creditor with the power to have the property seized and sold in default of payment.
References in periodicals archive ?
Founded in 2003, Paramount Equity Mortgage, LLC is a residential mortgage lender that offers a full suite of purchase and refinance products to homeowners nationwide.
Shared equity mortgages exist whereby the house builder and Government contribute towards a proportion of the house purchase price.
Monmouthshire's shared equity mortgage will allow firsttime buyers to buy their home for 70% of its value.
A financial product that has been around for over 20 years, the Reverse Mortgage trend has moved sharply higher as the housing market has stalled, according to Reverse Mortgage expert Colleen Moore at Golden Equity Mortgage Corporation.
develops and operates an information platform about equity mortgage -- China Equity Mortgage & Guarantee Alliance Net so as to familiarize more qualified enterprises with equity mortgage to fulfill their financing needs.
8 /PRNewswire/ -- First Equity Mortgage, a Minnesota-based provider of mortgage loans, is recognized in the August issue of Entrepreneur Magazine as one of the fastest growing small businesses in the country.
RAMP) home equity mortgage asset-backed pass-through certificates, series 2001-RM2 issue:
Letter to Congress from National Home Equity Mortgage Association, American Bankers Association, America's Community Bankers, Consumer Bankers Association, Consumer Mortgage Coalition, Financial Services Roundtable, Mortgage Bankers Association of America, and National Association of Mortgage Brokers Urges National Standard to Protect Consumers, Preserve Access to Mortgage Credit
NEW YORK -- Fitch rates the Residential Asset Securities Corporation (RASC) series 2006-KS7 home equity mortgage asset-backed pass-through certificates as follows: