Sentence examples for mortgage situation from inspiring English sources

Manhattan District Attorney Robert M. Morgenthau weighs in on the subprime mortgage situation.

"The subprime mortgage situation is having a crushing effect on a lot of communities right now".

Representative John Tierney, Democrat of Massachusetts, said the mortgage situation required immediate action to protect homeowners and the long-term health of the economy.

JPMorgan Chase started the latest downdraft in bank share prices this week when it said in a filing with the Securities and Exchange Commission that it expected a lot more losses before the mortgage situation stabilized.

Of the estate agents who feel more optimistic about the housing market, most cited improvements to the mortgage situation and a "growing realism" among sellers about pricing as a factor.

Standing aside lets you live to play for another day or maybe even put you in the position to buy lower should the subprime mortgage situation get worse.

But for those who, like Mr. Rose and Ms. Gizas, are able to qualify for a mortgage, the situation is excellent.

While Ms. Amico had a fixed-rate 30-year mortgage, her situation illustrated how quickly even a solid homeowner can fall into dire straits.

But now that investors have soured on mortgages, that situation has changed.

What's more, these areas have high concentrations of homeowners with underwater mortgages (the situation in which the homeowner owes more than what the home is actually worth).

"They say, 'Rates are rising, I need to lock in a 30-year rate.' But the rate environment is less important than matching a mortgage to your situation.