Phrases with «uninsured mortgages»

"Uninsured mortgages" refers to home loans that do not have mortgage insurance. It means that if the borrower is unable to make the mortgage payments, the lender does not have an insurance policy to protect them from potential losses. This can make the loan more risky for both the borrower and lender. Full definition

mortgage (parent phrase)
uninsured (parent phrase)

uninsured mortgages

Sentences with «uninsured mortgages»

The regulator has proposed a «stress test» for borrowers of uninsured mortgages, where the borrower puts 20 % or more down. (loanbox.ca)
This framework has created a fully private source of funding using only uninsured mortgages as collateral. (mortgagecentreedmonton.com)
Though the recent increase in uninsured mortgages seems in part a response to rising mortgage insurance premiums, it also likely increases the risks to financial stability. (canadianbusiness.com)
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Phrases with «uninsured mortgages»

Sentences with «uninsured mortgages»

See also