the bank became our mortgagee when it accepted our mortgage on our new home.
Examples of mortgagee
mortgagee
We have clear instructions to sell Walter Peak Estate by MORTGAGEE deadline sale.
From the nznewsuk.co.uk
I always buy distressed real estate, never at mortgagee sale because it's too late.
From the nzherald.co.nz
The board should issue a letter to the owners requesting the mortgagee information.
From the dailyherald.com
The number of mortgagee sales pushed the market value of all the units down.
From the nzherald.co.nz
Last year, Terralink recorded 2265 mortgagee sales, 169 fewer than the 2434 in 2010.
From the nzherald.co.nz
As long as nominal prices hold up, both mortgagor and mortgagee are happy.
From the guardian.co.uk
It's now the mortgagee for more than 60 percent of new mortgage loans.
From the businessweek.com
However, the board is having a difficult time getting mortgagee information from owners.
From the dailyherald.com
As well, a three-bedroom townhouse in Stanmore Bay, Rodney, is up for a mortgagee auction.
From the nzherald.co.nz
More examples
The person who accepts a mortgage; "the bank became our mortgagee when it accepted our mortgage on our new home"
(mortgaged) burdened with legal or financial obligations; "his house, his business, indeed, his whole life was heavily mortgaged"
A mortgage is a security interest in real property held by a lender as a security for a debt, usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. ...
One who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement
The lender in a mortgage agreement.
The one who receives and holds a mortgage as security for a debt; the lender; a lender or creditor who holds a mortgage as security for payment of an obligation.
The person or company who receives the mortgage as a pledge for repayment of the loan. The mortgage lender.
The person of the financial institution that lends the money.