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mortgage

(Encyclopedia) mortgage, in law, device for protecting a creditor by giving him an interest in property of his debtor. In common law a mortgage was a conditional sale; i.e., the mortgagor (debtor)…

Brewer's: Mortgage

(See Welsh Mortgage.) Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894MortherMorte d'Arthur A B C D E F G H I J K L M N O P Q R S T U V W X Y Z…

Federal National Mortgage Association

(Encyclopedia) Federal National Mortgage Association (FMNA), commonly known as Fannie Mae, government-sponsored enterprise that is the largest purchaser and guarantor of home mortgages in the country…

Federal Home Loan Mortgage Corporation

(Encyclopedia) Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, government-sponsored enterprise that uses private capital to buy home mortgages as a means to help lower housing…

Brewer's: Welsh Mortgage

(A). A pledge of land in which no day is fixed for redemption. Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894Welsh RabbitWelsh Main…

Home Owners' Loan Corporation

(Encyclopedia) Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the…

Fannie Mae

(Encyclopedia) Fannie Mae: see Federal National Mortgage Association.

Freddie Mac

(Encyclopedia) Freddie Mac: see Federal Home Loan Mortgage Corporation.