delinquent mortgage

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• Delinquent Mortgage — A mortgage for which the borrower has failed to make payments as required in the loan documents. If the borrower can t bring the payments current within a certain time period, the lender may initialize foreclosure proceedings. Foreclosure is a… …   Investment dictionary

• mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

• delinquent — de‧lin‧quent [dɪˈlɪŋkwənt] adjective ACCOUNTING delinquent account/​debt/​payment etc an account, debt etc that has not been paid at the right time, or has not been paid at all: • Creditor management allows lenders to reduce the risk of… …   Financial and business terms

• Mortgage modification — is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. Contents 1 Background 2 Types of… …   Wikipedia

• Delinquent Receivables — (просроченная дебиторская задолженность) просроченная дебиторская задолженность, которая впоследствии может стать безнадежной …   Ипотека. Словарь терминов

• Delinquent — The failure to accomplish what is required by law or duty, such as the failure to make a required payment or to perform a certain action. A delinquent is an individual or corporation with a contractual obligation to make payments against a loan… …   Investment dictionary

• Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …   Wikipedia

• Mortgage industry of the United States — Historical U.S. Prime Rates The Mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home… …   Wikipedia

• Mortgage Forbearance Agreement — An agreement made between a mortgage lender and delinquent borrower in which the lender agrees not to exercise its legal right to foreclose on a mortgage and the borrower agrees to a mortgage plan that will, over a certain time period, bring the… …   Investment dictionary

• Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …   Wikipedia

• Mortgage servicer — A mortgage servicer is the company that borrowers pay their mortgage loan payments to. Mortgage servicers either purchase or retain mortgage servicing rights that allow them to collect payments from borrowers in return for a servicing fee. The… …   Wikipedia