annual mortgagor statement

annual mortgagor statement definition - business

annual mortgagor statement

The annual report sent by a mortgage lender to a borrower describing the amount of interest and taxes paid during the previous year and the outstanding principal on the loan.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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