Answer:
mortgagee
Explanation:
A mortgage is a type of loan taken where a property especially a real estate is being used as a collateral. There is a mutual agreement between the borrower and the lender. The borrower signs a promissory note to return the debt to the lender.
The borrower is called as the mortgagor and the lender is known as the mortgagee. The borrower gives the legal title to the lender or the mortgagee while retaining the equitable title. Here the mortgagee owns the property until the loan is payed. In case of default by the mortgagor, the mortgagee can have immediate possession of the property since he have legal title of the property.
Has decreased in recent years
Answer:
Lubrication
Explanation:
Lubrication is a relatively small bribe, such as small cash,service or gift, given to a low-level government official or business person in order for them to accelerate a decision or transaction. This kind of act usually happens in countries were such acts are not prohibited by law.
