Your English writing platform
Discover LudwigExact(1)
The stock, however, remained in possession of the state, but each of the bonds thereafter issued contained an indorsement that ten shares of stock of the North Carolina Railroad Company, in the hands of the state, were mortgaged as security for the payment of each of the bonds.
Similar(59)
But in fact Death Row's masters are heavily mortgaged, and have been used as security against loans and advances from Interscope.
There was the mis-selling of mortgaged securities, payment protection insurance and interest rate hedges.
They may also be transferred as security.
Freddie Mac was started in 1970 to expand the market for American home buying by purchasing mortgages from lenders and repackaging them as mortgaged-backed securities to create a secondary mortgage market.
Waggoner continues by saying, "The bubble that took down Bear Stearns had three ingredients: houses, mortgages, and mortgaged-backed securities.
The right question should be how a society could exist in the Land of the Free that saw human beings enumerated, valued, and mortgaged as property, and how their otherwise liberal-minded new owners could wish for them to be quickly "disposed of" as though they were a sub-par shipment of any other commodity to be sold at whatever price could be salvaged.
When the big banks engineered the devastating mortgaged back securities that created the Great Recession several years ago, they sped the processing by eliminating most of the paperwork.
According to Bloomberg, the Fed is contemplating extending TALF loans to buy mortgaged backed securities to five years from three after pressure it received from lobbyists and a failed second monthly round of auctions.
Tokens Not Deemed As Securities?
Two years as securities analyst.
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