mortgage debtor

However, a law amendment passed in 2009 protects the rights of mortgage debtors and insures that they are not evicted after failing to meet mortgage payments.

December 6: President Bush announced a plan to voluntarily freeze the mortgages of a limited number of mortgage debtors holding ARMs for 5 years.

The debate about seniority of claims on mortgage debtors was some example how such governments prefer to create favourable conditions for foreign banks and decrease the opportunities of work for municipal companies.