MTGE

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Related to mortgage: reverse mortgage, Mortgage rates
AcronymDefinition
MTGEMortgage
References in periodicals archive ?
To qualify for a federally insured reverse mortgage, applicants must be at least 62, own a home and live in it as a primary residence.
The FHA reverse mortgage amount is capped differently in each county.
Fannie Mae and Freddie Mac, by far the largest secondary market purchasers of residential mortgage loans, are required by their charters to have mortgage guaranty insurance on all loans they acquire with a loan-to-value ratio of 80% or more.
Mortgage guaranty insurance claims usually include losses for loan principal and past-due loan interest, and losses associated with the property's resale if sold for less than the original price, Davis said.
When Lori Allen of Reeders, Pennsylvania, refinanced her home mortgage in January, it helped solve a number of cash flow problems.
Allen refinanced the original $154,000 30-year, fixed-rate mortgage at 10.
In this article we revisit the issue of who bears the credit risk associated with mortgage lending using 1995 data and refined estimates of the amount of mortgage credit risk borne by market participants.
Examining the racial or ethnic characteristics of applicants indicates that greater proportions of Asian, black, and Hispanic applicants than of white applicants had their applications for private mortgage insurance denied in 1994.
This Statement applies prospectively in fiscal years beginning after December 15, 1995, to transactions in which a mortgage banking enterprise sells or securitizes mortgage loans with servicing rights retained and to impairment evaluations of all amounts capitalized as mortgage servicing rights, including those purchased before the adoption of this Statement.
He extended his education with studies in Residential and Commercial Mortgage Lending, Residential and Commercial Appraisals, Industrial Real Estate, and Real Estate Law.
1 million first mortgage and a $500,000 line of credit for a co-op on 116th St.
Securitization of mortgages changed the typical savings and loan from an integrated institution which originated, held and serviced mortgages to maturity--with all the attendant risks--to one in which a large part of the mortgage originations are immediately passed on to an investment bank or government agency, where they are securitized.