Exact(2)
After four years of infuriatingly strong markets, they finally have wads of discounted bonds and loans to feed on.
Just as the banks themselves fed the real estate bubble by selling derivative securities based on subprime loans, and pushed subprime loans to feed the derivatives market, the act of foreclosing on properties and selling them at bargain prices is driving all real estate values down.
Similar(58)
The probe launched this fall in the wake of news that the foreclosure processes at many large banks are as bogus as the lending practices that fed the housing bubble in the first place, as banks granted loans indiscriminately to feed derivatives-market speculation and failed to track original mortgage documents after packaging the loans and selling them to investors.
Between jobs, he borrows from loan sharks to feed his wife and children.
"For example: Co-operative customer #1 might be struggling with an astronomical pay day loan whiletrying to feed a family.
The finished stools had to be sold back to the moneylenders, leaving scarcely enough, after repaying her loan with interest, to feed her family.
One piece of the plan hinged on convincing a syndicate of angry banks to extend maturities on nearly $3 billion in debt to secure a $1 billion loan from Citigroup to feed the stores with inventory.
The fact is that with no- or low-document loans, the financial system was relying on front-line people to feed us loans that had the same risk of the loans they fed us in the past.
Now 32, Tom says, 'Not only was I free from debt, but I used to be able to save before I started to share a flat with my best friend.' A year later, he had put £10,000 on his credit card and had taken out a car loan to help feed their shared passion for sports cars.
They bought their own mortgage companies to feed their loan packaging machines and relaxed the standards on the types of assets they would accept.
To be able to repay her loan and keep some beans to feed her family she had to sell an ox.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com