What documentation is required to show that a loan secured by other collateral has been paid off?

Jun 12, 2024 ... A collateral mortgage is a type of mortgage product that is “re-advanceable.” That means the lender can loan you more funds as the value of your home increases. "Collateral mortgage" shall mean a mortgage that is given to secure a written obligation, such as a collateral mortgage note, negotiable or nonnegotiable ... Home equity loans and lines of credit allow homeowners to borrow money using the equity in their property as collateral. A collateral mortgage allows you to use your home as security for a loan or more than one loan and, potentially, borrow additional funds. Because a lender may ... ... in a manufactured home , other than a manufactured home held as inventory ; or ... home held as inventory , is the primary collateral . (55) " Mortgage " means ... You are not entitled to choose which securities in the collateral account are liquidated or sold. ... There are important differences between brokerage and ... ... loan ownership between two or more entities. Participation loans are reported as either retained (the seller's ownership portion in the loan(s) sold) or ... ... MORTGAGE--COLLATERAL REAL ESTATE MORTGAGE. A mortgage made pursuant to ... Succeeding addendums to collateral real estate mortgages may be filed in the ... Mar 7, 2024 ... ... difference between assets and liabilities) of $68 billion. ... Although member institutions are required to pledge mortgage-related collateral ... A mortgage or deed of trust is an agreement in which a borrower puts up title to real estate as security (collateral) for a loan.