0 a bank or similar organization that gives mortgages to people, especially so that they can buy a house or apartment
1 a bank or other financial organization that lends money in the form of mortgages:
Your mortgagee is likely to have a number of requirements that you must comply with.
In addition, the record reveals that mortgagees could be both land corporations and private persons.
Achieving an understanding of mortgagees' motivations is complicated by our discovery that mortgages were not all the same.
The horizon from which purchasers and mortgagees was drawn increased considerably.
Whatever their motivation for mortgaging, a majority of mortgagors were able to retrieve the situation and satisfy their mortgagee.
It is not clear that in either case the mortgagee would put the mortgagor under any pressure to repay the mortgage.
Secondly, it imposes upon council tenants a burden which is not at present applied to owner-occupiers and mortgagees.
He began by saying that we have left out the mortgagee who forecloses.
Take the case of a freehold being mortgaged and the mortgagee afterwards foreclosing and taking possession.
