Mortgatory

Mortgatory:
Pronunciation: \ˈmor-gə-ˌtôr-ē\
Function: noun

1: an intermediate state after denial of one’s mortgage loan in which the loan officer is aware of the transaction’s death, but no other parties involved are privy. specifically : a place or state of punishment for choosing mortgage lending as a profession wherein the loan officer bears the full burden and mental anguish of loan denial and has left voice mails for other parties involved, but has not been able to divulge the damning information yet.
2: a place or state of temporary mortgage suffering or loan induced misery.