Mortgagee

n.

1.

(Law) The person to whom property is mortgaged, or to whom a mortgage is made or given.

Noun

1.

mortgagee - the person who accepts a mortgage; "the bank became our mortgagee when it accepted our mortgage on our new home" Synonyms: mortgage holder

MORTGAGEE, estates, contracts. He to whom a mortgage is made.
     2. He is entitled to the payment of the money secured to him by the mortgage; he has the legal estate in the land mortgaged, and may recover it in ejectment, on the other hand he cannot commit waste; 4 Watts, R. 460; he cannot make leases to the injury of the mortgagor; and he must account for the profits he receives out of the thing mortgaged when in possession. Cruise, Dig. tit. 15, c. 2.

Shylock, banker, bill collector, collection agent, credit man, creditor, creditress, debtee, dun, dunner, godchild, goddaughter, godson, insuree, lender, loan officer, loan shark, loaner, money broker, moneylender, moneymonger, mortgage holder, mortgage-holder, note-holder, pawnbroker, policyholder, usurer, warrantee