Sentence examples for mortgaged property from inspiring English sources

Besides income and debt, lenders also consider such other factors as credit history, cash reserves and collateral (the value of mortgaged property) when making mortgage decisions.

The Secretary may consent to the release of a part or parts of the mortgaged property from the lien of the mortgage upon such terms and conditions as he may prescribe and the mortgage may provide for such release.

The Secretary may at any time, under such terms and conditions as he may prescribe, consent to the release of the mortgagor from his liability under the mortgage or the credit instrument secured thereby, or consent to the release of parts of the mortgaged property from the lien of the mortgage.

They did neither.' In Bridge Co. v. Heidelbach, 94 U. S. 798, 800, the mortgage included the rents, issues, and profits of the mortgaged property, so far as it was necessary to keep it in repair, and pledged such rents, issues, and profits to the payment of the interest on the mortgage bonds as it matured, and to the creation of a sinking fund for the redemption and payment of the principal.

Since the American Revolution, mortgage foreclosures have consisted of a public auction of the mortgaged property.

"The terms of the typical condominium mortgage require the consent of the holder of the mortgage to any change altering the legal status of the mortgaged property," Mr. Weinstein said.

The alternative to tinkering with interest rates is to bring the principal balances of mortgages into line the values of mortgaged properties, so that borrowers are not left paying interest on mortgages worth more than their homes, and so that they have equity in their homes and hence an incentive to meet their mortgage payments.

With half a million mortgaged properties in negative equity, many mortgage-holders would be better-off handing their homes over.

Nearly 40% of mortgaged properties are worth less than the mortgage, says Parkus.

Banks establish rules for how mortgaged properties can be used, to help ensure that they will hold their value.

Rare Requests for Clearance Data is scarce on how often landowners or drilling companies are getting written permission from lenders before putting leases on mortgaged properties.