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Mortgagee
(redirected from mortgage provider)

   Also found in: Financial 0.02 sec.

mortgagee n. the person or business making a loan that is secured by the real property of the person (mortgagor) who owes him/her/it money. (See: mortgage, mortgagor)


MORTGAGEE, estates, contracts. He to whom a mortgage is made.
     2. He is entitled to the payment of the money secured to him by the mortgage; he has the legal estate in the land mortgaged, and may recover it in ejectment, on the other hand he cannot commit waste; 4 Watts, R. 460; he cannot make leases to the injury of the mortgagor; and he must account for the profits he receives out of the thing mortgaged when in possession. Cruise, Dig. tit. 15, c. 2.


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INFONAVIT, Mexico's state-owned mortgage provider, plans to approve 1 million housing credits in 2006.
However, we were patient in identifying a financing partner because it was essential for the Company to associate with a mortgage provider that shares our unique respect for clients and their individual needs.
a federally chartered shareholder-owned mortgage provider.
 
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