|
| | |
Restructured loan
Restructured loan A mortgage in which basic terms (such as interest rate, term and monthly payment) have been changed to prevent foreclosure.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
Interest
Money paid to a lender as compensation for money that is borrowed.
Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
Term
The length of time in which a loan is to be paid off.
Foreclosure
A legal process in which mortgaged property is sold to pay the loan of the defaulting borrower.
SIMILAR TERMS--------------------------------------
Restraining order
An order that may issue from filing for an injunction.
Restricted license
A probationary real estate license granted after a license was revoked, suspended or denied.
Restriction
A restriction, often specified in the deed, on the use of property.
Restrictive covenants
A clause in a deed that limits the way the real estate ownership can be used.
PREVIOUS AND NEXT TERMS--------------------------------------
Respondent
1) The party who makes an answer to a bill or other proceeding. 2) The party who contends against an appeal.
Restraining order
An order that may issue from filing for an injunction.
Restricted license
A probationary real estate license granted after a license was revoked, suspended or denied.
Restriction
A restriction, often specified in the deed, on the use of property.
Restrictive covenants
A clause in a deed that limits the way the real estate ownership can be used.
Restructured loan
Retail investor
When used to describe an investor, retail refers to the nature of the distribution channel and the market for the services - selling interests directly to consumers.
Retail property
Income-producing property from which various types of retail products are sold.
Retainer
Retainer is a professional relationship between an advisor and a client in which a client engages the services of a professional through payment of a fee.
Retaining wall
A wall built to hold back or support a bank of earth.
Retaliatory eviction
An eviction due to a tenant's complaints to the landlord, a public agency or tenant association.
This dictionary contains 6433 terms. |
|
|
