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Rating:A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property.
read moreFHB Mortgage Bank is Hungary's largest mortgage re-financer. Formerly state-owned, it was floated on the stock market in 2003, and the government sold its remaining A shares in 2007. As of 17 August 2011, FHB Mortgage Bank Co. Plc. has market capitalization of US$232.4 million.
read more:''For information on insurance guaranteeing payment of the mortgage in the event of death or disability, see mortgage life insurance.'' Mortgage Insurance is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer.
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