Sentence examples for shrinking mortgage from inspiring English sources

These loans allow borrowers to pay only a fraction of the interest owed and none of the principal, resulting in a growing rather than a shrinking mortgage balance.

Arrears on them have trebled in the past year (from 0.7% to 2.1%) and are now almost double the industry average for all mortgages.Some of the increase in arrears is an illusion caused by a shrinking mortgage book.

Despite the shrinking mortgage market -- the industry lost more than 100,000 jobs, or 20percentt of its work force, from late 2006 through late 2007 -- new Web sites continue to sprout.

But it's not just buyers in the nation's priciest markets, where FHA loan limits currently hover at $729,750, who'll feel the heat of shrinking mortgage caps.

Even in Orange County, Calif., where a shrinking mortgage industry has emptied hundreds of thousands of square feet of office space, asking rents in newly sold buildings have risen disproportionately.

Some 27percentt of all homeowners with a mortgage now owe the bank more than their properties are worth, according to real estate site Zillow.com, amplifying calls to shrink mortgage balances.

But the volume of mortgage-backed securities on the Fed's balance sheet is gradually shrinking as mortgage loans are paid off early (usually because they are refinanced) or reach maturity.

Northern Rock also announces it will focus on growing its deposit base while shrinking its mortgage book.

Lenders would be forced to write off a chunk of the original loan, shrinking the mortgage in proportion to the fall in house prices.

The direct cause was the dispute over the repurchases, but it comes as Bank of America is reducing its overall size and streamlining its business, and shrinking its mortgage business in particular.

That forms part of a broader slump in the housing market, in which turnover is shrinking because mortgage finance has dried up and house prices are tumbling (see article).