mortgage

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mortgage,

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 ?
Although they have some sensitivity to interest rates, whole mortgage notes otherwise have little or no correlation with stocks or bonds, according to Altuzarra.
and no holders of the $450,000,000 6% General and Refunding Mortgage Notes, Series M, due 2016 (CUSIP No.
Those risks and uncertainties include, but are not limited to, the Partnership's ability to restructure its obligation under the mortgage notes, financial market risks, general economic conditions, regulatory matters, and other factors described in the Partnership's reports to the holders of the mortgage notes.
To speak with Blue Asset Management LLC about selling or buying New Jersey performing and nonperforming real estate backed mortgage notes or for more information about Blue asset Management LLC, contact the firm at 973 835-1400 or log onto their website at www.
com([R]) allows qualified investors and small investment groups to buy individual mortgage notes secured by real property from around the country, finally giving investors of all types access to the historically exclusive secondary market.
under certain circumstances, to require the former Kmart subsidiary, and in the event the subsidiary failed to do so, Kmart ('D'), to purchase the related mortgage notes in whole.
com has expanded access to the secondary market for mortgage notes to investors of all types, not just those with insider connections.
As a result of the decision to suspend efforts to finance the purchase of its outstanding First Mortgage Notes, the Company will concentrate its efforts on improving its operating results in order to be able to finance the expansion of its horse racing and entertainment businesses and service its First Mortgage Notes using primarily internally generated funds.
With investors thirsty for new places to put their money, many have turned to mortgage notes as a means to invest in real estate without enduring the hassles of home ownership.
The Company said that it has received commitments from holders of more than a majority of the First Mortgage Notes to tender at the increased consideration.
75% general & refunding mortgage notes, series P 'BBB-'.
11 /PRNewswire/ -- Ermis Maritime Holdings Limited has offered to exchange 12-1/2% First Preferred Ship Mortgage Notes due 2006 and Warrants to Purchase 12-1/2% First Preferred Ship Mortgage Notes due 2006, either separately or as Units, which have been registered under the Securities Act of 1933, as amended, for all outstanding 12-1/2% First Preferred Ship Mortgage Notes due 2006 and Warrants to Purchase 12-1/2% First Preferred Ship Mortgage Notes due 2006, either separately or as Units.