Home > Term: mortgage note in the name of the owner
mortgage note in the name of the owner
Mortgage note in which both lender and borrower are the same person. A mortgage note in the name of the owner is issued, for example, when a mortgage is repaid and the mortgage note is transferred to the name of the borrower.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
0
Creator
- Stefan K
-
(Gold) 3207 points - 100% positive feedback
