The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...

Advice offered by Marc Hebert, president of The Harbor Group Inc., a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email ...

An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...

I obtained two loans from ABC Bank. The first one amounted to P200,000 and the second one amounted to P300,000. For the first loan, I executed a Real Estate Mortgage, which included a provision ...

Hello everyone. I hope you're doing well. This week's subject is mortgage clauses. So a lot of you out there probably purchased a home and got a mortgage. Well, did you actually read the mortgage ...