Sentence examples for collateral for mortgages from inspiring English sources

Banks are loath to accept buildings with these junior leases, known as hak pakai, as collateral for mortgages.

In the 1830s to the Civil War, banks served plantations and accepted enslaved blacks as collateral for mortgages, equipment, land, and for other enslaved individuals.

This credit downgrade could require A.I.G. to post billions of dollars of additional collateral for its mortgage derivative contracts.

The house is likewise the collateral for a mortgage; lenders can foreclose on borrowers in default, though with rules that differ across states.

In fact, the Chelsea Art Museum in Manhattan faces the possible removal of its charter because it pledged its permanent art collection as collateral for a mortgage loan.

With a modular home, however, the house cannot be used as collateral for a mortgage until it is attached to the foundation.

RFS simply pooled a bunch of properties as collateral for a mortgage bond issue.

Fannie's guide says that "The lender is responsible for ensuring that the subject property provides adequate collateral for the mortgage".

They repackaged these loans and used them as collateral for bonds called mortgage-backed securities; they guaranteed buyers of those securities against default.This model was based on the ability of investors to see through one illusion and boosted by their willingness to believe in another.

Those prices are likely to stabilise next year and with them the levels of home equity the ultimate collateral for global holdings of American mortgage-backed securities, some toxic.

In Spain, the mortgages used as collateral for the bundled securities were considered to be prime — lent only to creditworthy borrowers.