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Which term is defined as the inability to pay monthly mortgage payments in a timely manner or otherwise meet the mortgage terms?
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∙ 11y ago
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Wiki User
∙ 11y ago
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Which term is defined as the inability to pay monthly mortgage payments in a timely manner or to otherwise meet mortgage terms?
default
What is the meaning of mortgage foreclosure?
Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.
Can a mortgage company foreclose if you are a little behind in payments but you are still paying on your mortgage?
The problem is that you haven't really defined your terms. It makes a difference whether "a little behind" means "the next day" or "two months late." It also depends on the precise terms of your loan contract.In general, the contracts are written so that technically the mortgage company can begin foreclosure proceedings if you're late at all. However, foreclosure is enough of a hassle that most do not until you've missed at least two payments, and even then, making up those payments (along with late fees) is usually sufficient to stop the foreclosure.
What is the market cap for Western Asset Mortgage Defined Opportunity Fund Inc DMO?
As of July 2014, the market cap for Western Asset Mortgage Defined Opportunity Fund Inc (DMO) is $254,956,524.62.
What are the typical home mortgage rates?
The mortgage rates you pay are defined by what type of mortgage you have. If you have a fixed rate mortgage, you'll pay the interest rate which existed when you signed the deal. A tracker rate mortgage will track to the current base rate in the economy.
Which term is defined as the inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms?
default
Which term is defined as the inability to pay monthly mortgage payments in a timely manner or to otherwise meet mortgage terms?
default
What is the meaning of mortgage foreclosure?
Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.
What is the symbol for Western Asset Mortgage Defined Opportunity Fund Inc in the NYSE?
The symbol for Western Asset Mortgage Defined Opportunity Fund Inc in the NYSE is: DMO.
In what year did Western Asset Mortgage Defined Opportunity Fund Inc - DMO - have its IPO?
Western Asset Mortgage Defined Opportunity Fund Inc (DMO)had its IPO in 2010.
Can a mortgage company foreclose if you are a little behind in payments but you are still paying on your mortgage?
The problem is that you haven't really defined your terms. It makes a difference whether "a little behind" means "the next day" or "two months late." It also depends on the precise terms of your loan contract.In general, the contracts are written so that technically the mortgage company can begin foreclosure proceedings if you're late at all. However, foreclosure is enough of a hassle that most do not until you've missed at least two payments, and even then, making up those payments (along with late fees) is usually sufficient to stop the foreclosure.
An annuity may be defined as?
which may be defined as a series of consecutive payments or receipts of equal amount.
What makes a person disabled?
Partial disablilty is defined as an inability to preform the duties associated with your occupation. Total disability is defined as an inability to preform the duties associated with any occupation. These are the definitions used by insurance companies and Social Security.
What is the market cap for Western Asset Mortgage Defined Opportunity Fund Inc DMO?
As of July 2014, the market cap for Western Asset Mortgage Defined Opportunity Fund Inc (DMO) is $254,956,524.62.
What are the typical home mortgage rates?
The mortgage rates you pay are defined by what type of mortgage you have. If you have a fixed rate mortgage, you'll pay the interest rate which existed when you signed the deal. A tracker rate mortgage will track to the current base rate in the economy.
How do you define reverse mortgage?
A reverse mortgage is defined as a type of mortgage in which the homeowner is allowed to borrow money against their house's value. The repayment is not required until the home is sold or the homeowner dies. The house is basically collateral, and has to be sold to pay the mortgage when the homeowner dies.
What are all the defined terms?
All capitalized terms not otherwise defined herein shall have the meaning ascribed to same in the Agreement.
