mortgagee :

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mortgagee


  • n  the person who accepts a mortgage
    the bank became our mortgagee when it accepted our mortgage on our new home

  • Investing in a child's business or being a mortgagee can be fraught.
  • Difference between the two laws, held the Court, was that the first deprived the mortgagee of his property rights, while the second does not.
  • And the idea that we are going to reduce payments from 38% of income to 31% using tax dollars needs to be vigorously means tested -- and should only be implemented if the mortgagee .
Quotes

  • Wayne Swan in The Australian
    The new interest rate reality is that Australians are paying a higher proportion of their income in mortgage repayments than they have ever paid in our history and rising interest rates are now resulting in mortgagee defaults,Mr Swan said....
  • Craig McDermott in The Australian
    Bridgecorp is a second mortgagee on this particular project, the first mortgagee is more than happy with the way the development is going and sales on the development are still going on,McDermott said.
  • Kim Beazley in Sydney Morning Herald
    It would be a sad thing for the average mortgagee if they found themselves confronting an interest rate rise when they only had a $6 a week tax cut,Mr Beazley told reporters.

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