SAM

(redirected from Shared appreciation mortgage)
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SAM

A regional term for a federal narcotics agent

SAM

Cardiology Systolic anterior motion An anomalous movement of the mitral valve's anterior leaflet, which appears to strike the interventricular septum in early diastole; seen in Pts with idiopathic hypertrophic subaortic stenosis and obstruction.

SAM

S-adenosylmethionine.
References in periodicals archive ?
However, elderly borrowers who took shared appreciation mortgages have built up hundreds of thousands of pounds of debt and can hardly afford their bills.
They were all sold controversial Shared Appreciation Mortgages (SAMS) by Barclays and Bank of Scotland in the late 1990s.
A shared appreciation mortgage gives borrowers low interest rates in exchange for giving the lender a share of future house price appreciation.
The shared appreciation mortgage has been designed to suit the needs of older homeowners who have a requirement for equity release.
The SAM, or SHARED APPRECIATION MORTGAGE, is another variation, allowing people to borrow or raise money at a fixed rate for either home improvements or creating an income in retirement.
Shared appreciation mortgages are being discussed as tools for restructuring distressed loans and instruments to give first-time homebuyers needed financing.
Hilary Messer of RWP Solicitors is representing hundreds of elderly people sold Shared Appreciation Mortgages in 1997 and 1998.
A group of homeowners with so-called shared appreciation mortgages took the first step towards suing their lenders yesterday.