In June 2012, the High Court of Uganda delivered a ground-breaking judgment regarding interalia execution of mortgages by mortgagees and unconscionable interest rates. 1. Background 1.1 The Borrower Alice Okiror obtained  a loan from  the Global Capital  Save  2004 Limited, against a mortgage of her family home. 1.2 The mortgage deed was signed by the Borrower and by one of the directors of the Lender on behalf of the Lender.