Blanket Mortgage Definition

Blanket mortgage. 1.One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different pieces of property to one general lien. Webster’s Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.

This makes us wonder if Citi’s definition of "stretching the rules" includes the failure to disclose its subprime mortgage exposure. is followed up by this blanket statement: "Men don’t ask.

blanket electronic surveillance on a vast scale. jesselyn RADACK: I explained the facts of my case to my lawyer. He said, “Wow! You meet the classic textbook definition of a whistleblower.” PETER VAN.

Yet acting lawfully is not enough: Many states offer few legal protections for renters, and it is worth remembering that much of the predatory lending during the mortgage boom. group guidelines,

Definition of blanket loan: A mortgage covering more than one parcel of real estate, providing for each parcel’s partial release from the mortgage lien upon repayment of a definite portion of the debt.

Blanket(Inter Alia) Mortages in BC - How are they used and what are the main benefits? As a blanket policy, senior discounts are hard to reconcile with. Some are struggling, to be sure, but many others are flush–no mortgage, no child support, good pension. "Frankly, in this town, it.

This is not possible with a condominium, where the normal means of raising. For co-ops, such a mortgage is called a “blanket” or “master” mortgage, and a.

Blanket Mortgage A mortgage that covers at least two pieces of real estate as collateral for the same mortgage. blanket mortgage A single mortgage used to buy more than one piece of property. The multiple properties serve as collateral for the blanket mortgage, but they may be sold individually. Real.

Blanket Mortgages synonyms, blanket mortgages pronunciation, Blanket Mortgages translation, English dictionary definition of Blanket Mortgages. 1. One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts.

Definition: A mortgage that covers at least two pieces of real estate as collateral for the same mortgage.