mortgagee

In title theory states, when you mortgage the property, the mortgagee holds title until the mortgage is paid off.

Instead past mortgages are insulated from the market....unless the market is in the mortgagee's favor, in which they refinance.

If the mortgagee is the government, then it has even more incentive because this broken system is killing productivity.

The mortgagee is whoever the lender sold the mortgage on to.

If there's a mortgage the deed is held by the mortgagee.

I believe in the US a reverse mortgage typically means the mortgager (seller) retains legal title, with the mortgagee (buyer) taking a lien.

Man so many American's about to be relieved they can stop honoring their 30 year mortgagee.

Yes, that is exactly why the mortgagee would want to get rid of the 2.5% mortgage.

And they are required to return to the mortgagee funds in excess of what was owed.

Fast-forward to the time of the ARM-adjustment, and the mortgagee can't pay the significant increase.

The financial crisis caused the government to bail out the banks, whose risk increased because they ate up all the mortgagee's risks.

PE is finalisation of business, its ownership is far more similar to a mortgagee than an owner in every sense of the word.

But I believe an "en viager" is closer to the common law life estate, and in the context of reverse mortgage lookalikes would mean the mortgagee getting fee simple title with the mortgager retaining a life estate.