Phrases with «mortgage collateral»

"Mortgage collateral" refers to an asset or property that is pledged as security for a mortgage loan. If a borrower fails to repay the loan, the lender can seize and sell this collateral to recover the money they lent out. It acts as a guarantee or protection for the lender. Full definition

Sentences with «mortgage collateral»

  • Residential real estate values have fallen enough that it has eaten through much of the equity of prime borrowers, leading to distress on prime mortgage collateral. (alephblog.com)
  • If you walk away from the home and maintain payments on your second mortgage the collateral of the loan would still be sold by the first mortgage holder. (mortgage-x.com)
  • As I emphasized last week, the large «term financing» and «term securities lending» programs initiated by the Fed do not expose the Fed to default risk in mortgage collateral it accepts from the banks that act as primary dealers. (hussmanfunds.com)
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