Sentence examples for damage mortgage from inspiring English sources

The subprime crisis, though, taught us that middlemen can do enormous damage: mortgage brokers (the housing market's middlemen) were among the key culprits, originating loans based on little or no documentation, encouraging borrowers to fudge their income, and brokering loans for more than borrowers could actually afford.

Investors, afraid that A.I.G. would have to absorb further write-downs in its already damaged mortgage securities and collateralized debt obligations, have driven down the company's shares in recent days.

U.S. government-controlled insurer American International Group which on Wednesday was given a $37.8 billion credit line on top of the $85.0 billion bailout loan it received last month, is trying to hold onto damaged mortgage-backed securities until they regain some of their lost luster.

Treasury officials said the numbers liable for help would not be so large as to damage the mortgage insurance industry.

What's not being discussed – at least enough – is how much the destruction of Fannie and Freddie could damage the mortgage industry, the financial system, and the economy.

The announcement was made a day before UBS is expected to report a fourth-quarter net loss of about 12.5 billion Swiss francs ($11.3 billion), reflecting damage in mortgage-backed securities that resulted in the resignations of the former investment banking chief, Huw Jenkins, and other top executives.

It expects more fines and damages for mortgage mis-selling in the US.

But how has this worked out for the areas in the United States most damaged by mortgage malfeasance?

"The big fear that the state has," said Mr. Joyce at Free Legal Advice Centers, "is that the balance sheets of the institutions are so damaged in terms of mortgage provision that the write-offs will be so considerable that they could question the solvency of the institutions themselves — even though they have been provided with capital by the taxpayer".

Can the subprime mortgage damage remain contained?

The extent of the damage wrought by mortgage miscreants is certainly evident in this settlement.