The phrase
"mortgage debtors" refers to people who have borrowed money from a bank or financial institution to buy a house or property, and are now responsible for repaying that loan to the lender.
Full definition
Synonyms for individual words can be found below.
«mortgage»
«debtors»
Sentences with «mortgage debtors»
- The Treasury and Federal Reserve are only funding Wall Street, not the localities that are actually in need of revenue these days, and certainly not mortgage debtors. (michael-hudson.com)
- But the price to Iceland was for housing prices to plunge 70 per cent (in a country where mortgage debtors are personally liable for their negative equity), a falling GDP, rising unemployment, defaults and foreclosures. (michael-hudson.com)
- And Europe lacks the U.S. financial safeguard that enables mortgage debtors here to walk away from properties that have fallen into negative equity. (michael-hudson.com)
- (see all
sentences)