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Tag: mortgagee

Mortgagee

July 7, 2017 by: Content Team

A mortgagee is either a bank or an individual that lends money to a borrower, for the purpose of purchasing or refinancing a home or other real property. By placing a mortgage on the property, the lender ensures that it will receive repayment for the money lent. If those payments are not made by the mortgagor (the borrower), the lender […]

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