CFR > Title 24 > Subtitle B > Chapter II > Subchapter A > Part 200 > Subpart A > Regulation of Mortgagors
Current as of: 2024 | Check for updates
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Other versions
| § 200.105 | Mortgagor supervision |
| § 200.106 | Projects with limited distribution mortgagors and program assistance |
Terms Used In CFR > Title 24 > Subtitle B > Chapter II > Subchapter A > Part 200 > Subpart A > Regulation of Mortgagors
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.