Phrases with «mortgage guarantors»

Mortgage guarantors are people or institutions that promise to pay back the mortgage loan if the borrower fails to do so. In other words, they act as a backup or insurance to ensure that the lender doesn't lose money if the borrower can't repay the loan. Full definition

mortgage (parent phrase)
guarantor (parent phrase)

mortgage guarantors

Sentences with «mortgage guarantors»

This steady housing recovery has meant good things for mortgage guarantors Fannie Mae and Freddie Mac. (flagstonemortgage.com)
American Banker reported last week on an outline of the plan, which would put Fannie Mae and Freddie Mac into receivership and create multiple private mortgage guarantors backed by an explicit government guarantee. (americanbanker.com)
These government - controlled mortgage guarantors have been wards of the state ever since their near - collapse in 2008. (geckoresearch.com)
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Phrases with «mortgage guarantors»

Sentences with «mortgage guarantors»

See also