Exact(60)
Most famous was the trading that stemmed from complex derivatives (like mortgages) with only a remote connection to the underlying product.
They will not pop like mortgages, because unlike mortgages, they are non-dischargeable in bankruptcy.
"I just got sidetracked into illustration by things like mortgages and children.
Libor is used to help determine the costs of products like mortgages and credit cards.
First, people accurately report other categories of debt, like mortgages and student loans.
Then, there are the cross-selling opportunities for things like mortgages.
We've all made financial commitments like mortgages, rent payments, college tuition and utility bills.
But they have assets, like mortgages, with interest payments contractually linked to the interest rate.
Like mortgages and sovereign debt, government pension promises are specified as fixed entitlements.
Ford Motor Credit sticks to auto lending, while G.M.A.C. is diversified into other businesses, like mortgages.
The consumer credit report does not include loans like mortgages and home equity lines of credit.
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