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Comprehensive
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chattel mortgage a mortgage on personal property, esp. movable property.
deficiency judgment a judicial decision in favor of a creditor for that part of a debt not satisfied by the debtor, esp. following the foreclosure and sale of a mortgage property.
encumbrance a lien, mortgage, or other financial claim upon property. [1/2 definitions]
Fannie Mae Federal National Mortgage Association; FNMA.
FNMA abbreviation of "Federal National Mortgage Association;" Fannie Mae.
foreclose to take away the right to redeem (a mortgage) or to take that right away from (the mortgagor), esp. for failure to make timely payments. [2/4 definitions]
Ginnie Mae (informal) the Government National Mortgage Association, a Federal agency that buys mortgages in quantity from lenders and then, by offering securities to the public, sells interests in them. [1/2 definitions]
GNMA abbreviation of "Government National Mortgage Association," a Federal agency that buys mortgages in quantity from lenders and then, by offering securities to the public, sells interests in them; Ginnie Mae.
mortgage to transfer a claim to (property) with a mortgage agreement; pledge. [1/3 definitions]
second mortgage a mortgage on property on which there is already one mortgage, the first taking precedence over the second in the case of a claim.