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Definitions for "DRAGNET CLAUSE"
Keywords:  unmortgaged, clause, pledge, collateral, foreclosure
Related Terms: Foreclosure, Mortgagor, Mortgage, Repossession, Defeasance clause, Non-recourse loan, Collateral, Security, Mortgage loan, Charge, Equity of redemption, Collateral mortgage, Home mortgage, Secured debt, Co-mortgagor, Security instrument, Submortgage, Deficiency judgment, Non-recourse, Recourse loan, Alienation clause, Secured loans, Co-borrower, Secured loan, Redemption, Deed of trust or mortgage, Secured, Due on sale clause, Recourse, Strict foreclosure, Power of sale, Pre-foreclosure, Security interest, Co-signer, Co-signer/co-borrower, Chargor, Workout , Subject to mortgage, Preforeclosure sale, Right of redemption, Nonrecourse loan, Due-on-sale clause, Lien holder, Voluntary conveyance, Repossess, Borrower, Mortgagee, Co-maker, Deed in lieu of foreclosure, Deficiency judgement
A provision in a mortgage that pledges several properties as collateral. A default in the mortgage could lead to foreclosure proceedings on any of the properties in the dragnet.
loanlibrary.com
A clause in a deed of trust that makes it security not only for the present loan but also for any other past or future debt to the beneficiary.
notebuy.com
A provision extending a mortgage to cover future obligations that may arise between the parties; used in an open-end mortgage.
arizona.hudhomesearch.com
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Keywords:  economies, scale
Economies of scale
sourcingmag.com