HomeTermsCompareFinance MortgageeThe definition for Mortgagee:The party lending the money and receiving the mortgage. Some states treat the mortgagee as the "legal" owner, entitled to rents from the property. Other states treat the mortgagee as a secured creditor, the mortgagor being the owner. The latter is the more modern and accepted view. Click to compare definitions of Mortgagee Click to view definitions beginning mo |