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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Acceleration Clause

A provision in the mortgage that gives the lender the power to declare the loan immediately due and payable upon the violation of a specific loan provision, such as the sale of the property, or the failure to make loan payments on time.
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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.