Examlex
Which U.S. national survey collects data every year on the economic, demographic, and housing patterns of households?
Mortgagees
Banks or other financial institutions that lend money to borrowers (mortgagors) for the purchase of property, holding a lien on the property as security for the repayment of the loan.
Security Interest
A security interest is a legal right granted by a debtor to a creditor over the debtor's property to secure the repayment of a debt.
Financing Statement
A document filed to indicate a security interest in personal property, used to publicize a creditor's right to possible repossession of goods.
Perfection
In legal finance, it refers to the process of securing a lien or interest in a borrower's collateral, making it legally enforceable against third parties.
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