Phrases with «mortgage guaranty»

A mortgage guaranty refers to an agreement where a third party promises to repay a loan if the borrower is unable to make their mortgage payments. It provides a kind of insurance to the lender in case the borrower defaults on their loan. Full definition

guaranty (parent phrase)

mortgage guaranty

Sentences with «mortgage guaranty»

Dave is Vice President of Operational Risk at Mortgage Guaranty Insurance Corporation. (loanofficerhub.com)
At this time, the loan is submitted to a private mortgage guaranty insurer, who provides extra insurance to the lender in case of default. (hawaiihomesmarket.com)
Leon T. Kendall, chairman of the board of Mortgage Guaranty Insurance Corp., which insures lenders against mortgage defaults, put it bluntly in his company «s newsletter. (articles.chicagotribune.com)
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Phrases with «mortgage guaranty»

Sentences with «mortgage guaranty»

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