extension of mortgage

extension of mortgage
The extension of the maturity of the obligation secured. 36 Am J1st Mtg § 381. The extension of the security of the mortgage to cover an additional indebtedness or future advances. 36 Am J1st Mtg §§ 67, 68.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Extension Risk — (риск затягивания) риск того, что средневзвешенный срок погашения ценной бумаги будет увеличен вследствие того, что досрочное погашение активов, обеспечивающих ценные бумаги, будет происходить медленнее, чем ожидалось …   Ипотека. Словарь терминов

  • Mortgage Excess Servicing — The percentage of the monthly cash flow that remains after the cash flow has been divided into a coupon and principal payment for the mortgage backed securities (MBS) holder. This servicing fee typically goes to the servicer of the loan, and is… …   Investment dictionary

  • Extension Risk — The risk of a security s expected maturity lengthening in duration due to the deceleration of prepayments. Extension risk is mainly the result of rising interest rates, and is generally associated with mortgage related securities. The opposite of …   Investment dictionary

  • Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Reverse mortgage — A reverse mortgage (known as lifetime mortgage in the United Kingdom) is a loan available to seniors (62 and older in the United States), and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner s …   Wikipedia

  • Commercial mortgage — Finance Financial markets Bond market …   Wikipedia

  • Jumbo mortgage — In the United States, a jumbo mortgage is a mortgage with a loan amount above the industry standard definition of conventional conforming loan limits. This standard is set by the two largest secondary market lenders, Fannie Mae and Freddie Mac.… …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • American Recovery and Reinvestment Act of 2009 — Stimulus bill redirects here. For other uses, see Stimulus bill (disambiguation). ARRA redirects here. For other uses, see ARRA (disambiguation). American Recovery and Reinvestment Act of 2009 Full title An act making supplemental appropriations… …   Wikipedia

  • List of Acts of Parliament of the United Kingdom Parliament, 1920-1939 — This is an incomplete list of Acts of the Parliament of the United Kingdom for the years 1920 1939. For acts passed prior to 1707 see List of Acts of Parliament of the English Parliament and List of Acts of Parliament of the Scottish… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”