consolidation of mortgagesglossary / CONSOLIDATION OF MORTGAGES consolidation of mortgages. Hist. The equitable right of a mortgagee who holds multiple mortgages on real property owned by the same person to refuse to release one mortgage unless all the mortgages are redeemed. 词条贡献者 译者Jeffrey,毕业于国内一流的高级翻译学院,擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。