0 a person or organization that borrows money from a bank in order to buy a house or other property: --
But the position, of course, is the position of the mortgagor and the mortgagee.
If the mortgagor does well out of the loan and makes profits out of it, that does not advantage the mortgagee in the very least.
I am not aware of the reasons which influence mortgagors and mortgagees in deciding as to the transfer of mortgages in particular cases.
The mortgagee does not expect the mortgagor to comply with the covenant to repay the money after six months.
I therefore know the difference between "lessor"and"lessee"and between"mortgagor"and"mortgagee".
The third finding—that the biggest mortgage lender is prepared to look at alternative ways of informing mortgagors about energy efficiency opportunities—is perhaps the most valuable.
Therefore, if a depositor or borrower goes to the office—its mortgagors are nearly all local people—he can see everybody who has any responsibility.
I cannot find any clear and absolute principle to guide me so as to evaluate the benefits of mortgagor and mortgagee.
