Sentences with phrase «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
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.
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.
Darico Genesis accounts will also be used as mortgage collateral / deposits.
Most of it is repo funding on prime mortgage collateral, most of which is floating rate.
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.
Why not replace it with equally safe and liquid assets that offered considerably more yield, like bonds backed by AAA - rated subprime or Alt - A mortgage collateral?
The market for low risk mortgage collateral has returned.
Why not replace it with equally safe and liquid assets that offered considerably more yield, like bonds backed by AAA - rated subprime or Alt - A mortgage collateral?
If they buy AAA whole loans, or prime mortgage collateral, they can hold that position for 3 + years without worry.
Use the life insurance policy as collateral for personal debt or the amortization of a mortgage
«They are not taking it as a mezzanine loan with equity collateral, they are just taking it as a mortgage collateral.