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 ?
It also is important to focus on another implication of older homeowners' having to leave their reverse mortgaged homes before death--how to finance extended care outside the home.
The state that represents the largest geographic concentration of mortgaged properties is California (58.
None of the mortgage loans secured by mortgaged property in Maine is a 'high-rate, high-fee mortgage' as defined in the Maine Consumer Credit Code and none of the mortgage loans secured by mortgaged property in Nevada is a 'home loan' as defined in Nevada Revised Statutes.