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Loan Modification
: The Truth About Mortgage.comWhat is a Mortgagee?
By scot184
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It’s mortgage Q&A Friday!
Today’s question: ?What is a mortgagee??
No, it’s not a typo. I didn’t leave an extra ?e? on the word mortgage by mistake, though it may appear that way.
A ?mortgagee? is the entity that originates (makes) and holds the mortgage, otherwise known as the bank or the mortgage lender.
The mortgagee extends financing [...]Full post as published by The Truth About Mortgage.com on November 05, 2010 (boomark / email).
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