The phrase "active mortgage" is correct and usable in written English.
It can be used to refer to a mortgage that is currently in effect or being paid off, indicating that the borrower is still making payments on it.
Example: "Before applying for a new loan, make sure to check the terms of your active mortgage to avoid any penalties."
Alternatives: "current mortgage" or "ongoing mortgage".
Pessimists say that is because the pace of active mortgage-equity extraction has not yet slowed.
The most active reverse mortgage lenders this year, according to Reverse Market Insight, are: the American Advisors Group Finance of America Reversee, an affiliate of the private equity giant the Blackstone Group and Reverse Mortgage Fundingg, a relative upstart in the business.
Mr Barrett will move up to become chairman.Royal Bank of Scotland signalled its intention to expand its presence in Ireland by offering euro887m ($1.0 billion) for First Active, a mortgage lender.
According to Reverse Market Insight, about 4 to 5 percent of active reverse mortgages, or 25,000 to 30,000 borrowers, are in default on at least one of those items.
"The question is whether they are going to organize a real task force that is additive to what was going on at the U.S. attorney level, which proved to be inadequate," said Jeff Connaughton, a former chief of staff to Senator Ted Kaufman of Delaware, who was active in mortgage-related investigations after the financial crisis.
State officials have been active in bringing mortgage cases.
This is in large part because of their conservative lending approach and their "active management" of mortgage portfolios, Fitch said in a recent report.
"Fannie and Freddie are requiring zero-error loans," said Tom Deutsch, executive director of the American Securitization Forum, a group that represents financial firms active in the mortgage market.
I'm sure they're perfectly decent, with high mortgages, active libidos and play dates.
Lehman Brothers a decade ago derived an outsized proportion of its earnings from the U.S. bond market and has long been an active player in mortgages, leading some investors to argue the company could be devastated by the credit crisis.
