# Mortgage

> Mortgage moves future household income into present purchasing power

| Field | Value |
|---|---|
| Stable ID | `node:kiduna:real-estate-mortgage:residential-mortgages:mortgage` |
| Family | Residential Mortgage Products |
| Domain | Economics |
| Era | Institutional Age → Agentic Age |
| Kind | financial-instrument |
| Archetype | The Promise |
| Claim layers | empirical, cultural_historical, synthesis, interpretive, symbolic_divinatory |

## What it is

A security instrument that pledges an interest in real property to secure repayment of a debt; terminology and enforcement vary by jurisdiction.

## What it actually does

Links a borrower's payment promise to collateral, giving the creditor conditional remedies against the property after default.

## Why it exists

It exists because place is unique and immovable while law, capital, information, and human lives must still coordinate around it across time.

## System mechanics

- **Who uses it:** owner, occupant, buyer, seller, lender, investor, steward, regulator
- **Incentives:** access to capital, yield, liquidity, risk allocation
- **Inputs:** capital, terms, collateral or cash flow, counterparties, risk assumptions
- **Outputs:** funding, cash-flow claims, obligations, risk allocation
- **Dependencies:** Title, Appraisal, Ability to Repay, Closing, Servicing

## Archetypal reading

- **Essence:** Mortgage moves future household income into present purchasing power
- **Gift:** Clarity about mortgage makes a hidden allocation of place, time, authority, value, or risk available for deliberate choice.
- **Wound / Shadow:** When mortgage is treated as neutral or inevitable, its costs can be shifted to people who hold less information, authority, liquidity, or mobility.
- **Failure mode:** The failure mode appears when mortgage is stale, opaque, mispriced, misrecorded, overextended, or applied outside the conditions that made it useful.

## Lenses

- **Personal:** Notice where mortgage appears as a structure in your own commitments: what is held, promised, priced, protected, excluded, or deferred?
- **Business:** Mortgage reveals a handoff among information, authority, incentives, operating work, and capital. Make the owner of each handoff explicit.
- **Financial:** Mortgage changes the timing, priority, comparability, liquidity, or distribution of cash flow and risk.
- **Property:** Mortgage changes how a physical place can be used, valued, financed, transferred, occupied, maintained, or reclaimed.
- **Community:** Mortgage can create benefits inside one parcel while exporting costs or opportunity to neighbors, institutions, or future residents.

## Divination

The Promise enters the reading through Mortgage. The issue is not only what is visible; it is which map of ownership, time, risk, authority, or belonging currently governs the situation.

**Question:** What future is being pledged through Mortgage, and who receives protection if conditions change?

**Guidance:** Separate access from cost, payment from principal, and temporary liquidity from permanent viability.

## Game function

Moves Capital now and creates a future Claim with explicit priority and failure consequences. Initiative 1.

## Relationships

- **Appraisal is evidenced by Mortgage.** Appraisal is evidenced by Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage is administered through Thirty-Year Fixed Mortgage.** Mortgage is administered through Thirty-Year Fixed Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage is administered through FHA Loan.** Mortgage is administered through FHA Loan through a change in rights, information, cash flow, priority, timing, or physical use.
- **Home can be collateral for Mortgage.** Home can be collateral for Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage is evidenced by Promissory Note.** Mortgage is evidenced by Promissory Note through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage is secured through Security Instrument.** Mortgage is secured through Security Instrument through a change in rights, information, cash flow, priority, timing, or physical use.
- **Loan Officer originates Mortgage.** Loan Officer originates Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage is administered through Servicing.** Mortgage is administered through Servicing through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage Servicing Right separates administration from Mortgage.** Mortgage Servicing Right separates administration from Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Pool aggregates Mortgage.** Pool aggregates Mortgage through a change in rights, information, cash flow, priority, timing, or physical use.
- **Mortgage symbolically binds Duration.** Mortgage symbolically binds Duration through a change in rights, information, cash flow, priority, timing, or physical use.

## Oppositions

- Use Value versus Exchange Value
- Speed versus Diligence

## Historical lineage and regulatory context

Read Mortgage through the lineage of Residential Mortgage Products: earlier customary or local arrangements became recorded, standardized, financed, regulated, digitized, or contested over time.

Rules vary by jurisdiction and transaction. Use the cited primary sources as starting points and verify current local law, program guides, contracts, and professional standards before operational use.

## Visual direction

Text-free rounded-square enamel artifact for Mortgage: a luminous claim-line descending from a built form into layered earth and extending across a long brass timeline; vitreous midnight enamel, blackened steel, warm brass, copper accents, mortgage-paper cream, deep green, slate, and sky blue.

## Engine output / Sentinel handoff

The generative interpretation above is preserved as Engine Output. Sentinel factors: jurisdiction-specific rules, factual uncertainty, financial risk. These factors request contextual review; they do not delete or silently rewrite the candidate.

## Research / provenance

- [Mortgage Resources](https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/) — Consumer Financial Protection Bureau; origination, disclosures, appraisal, servicing, mortgage regulation.
- [Fannie Mae Selling Guide](https://singlefamily.fanniemae.com/media/document/pdf/selling-guide-february-4-2026) — Fannie Mae; loan eligibility, underwriting, appraisal, delivery.
- [Freddie Mac Single-Family Seller/Servicer Guide](https://guide.freddiemac.com/) — Freddie Mac; loan eligibility, Loan Product Advisor, servicing.
