A mortgage claim ranking subordinate to the senior mortgage, secured over the real estate asset.
Global Definitions Database
Second Mortgage
Source: INREV | Date: 26 February 2020 | ID: D0718 | Version: 2
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UK assets lead downturn for the European asset level performance in Q4 2022
The INREV Pan-European Quarterly Asset Level Index recorded a total return of -5.64% in Q4 2022.
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