When the housing market began to crash, a startling number of people
entered default on their mortgages.
Not exact matches
The SEC complaint goes
on: ``... after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS [Residential
Mortgage Backed Securities] portfolio it helped select by
entering into credit
default swaps (CDS) with Goldman Sachs to buy protection
on specific layers of the ABACUS capital structure.
Borrowers certainly don't
enter any long term
mortgage agreement with the full intent of
defaulting on the loan and lenders wouldn't issue any
mortgage if it was clear the borrowers had no desire to keep the house.
[Or simply edit an existing
mortgage calculator
on your website] 2) Choose your Region (US / Canada) > Select a type of Calculator > and click
on Set
Defaults 3)
Enter the
default data you wish to display
on your
mortgage calculator > Click
on Set
Defaults when you are done 4) That's it!