TeachMeFinance.com - explain mortgagee
mortgagee -- the institution, group or individual that lends money secured by pledged real estate; the lender. See mortgagor.
mortgagor -- the owner of real estate who pledges the property as security for the repayment of a debt; the borrower. See mortgagee.
Mortgagee -- The grantee under a mortgage; the one to whom the mortgage is executed.
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