Sentence examples for that second mortgage from inspiring English sources

When a well-off couple with a mortgage splits, and the departing husband, say, borrows to buy another house, he can deduct the interest on that second mortgage from his taxable income just as if he hadn't violated the canons of Judeo-Christian ethics and accelerated the decline of civilization.

Well, um, get ready for that second mortgage.

Now some people left and didn't come back and that was largely the cohort of people that were levering up, taking that second mortgage on their homes, levering up their credit cards to day-trade stocks and lost money.

What's more, Apple just dropped the price on its big-screen PowerBooks, so if I've caught you drooling over the newspaper as you read this, bear in mind that you can finally get one without that second mortgage on your house.

Marketing executives knew that "second mortgage" had an unappealing ring.

Most diners seem to gravitate to the middle one -- at $55, it includes dessert and the widest selection of appetizers and entrees -- but the $78 tasting menu may be worth taking out that second mortgage.

"But twenty-some thousand of it went to pay off that first mortgage, when she had that forty-six-thousand-dollar mortgage.

I agree that it is stupid not to allow your buyer to assume that loan, especially since you will be carrying back a second mortgage, which will make that first mortgage even safer.

"The banks are kind of in denial that second mortgages aren't going to get paid in full," said Professor White of Valparaiso.

In a unanimous decision on Monday, the court determined that second mortgages may not be "stripped off," or voided, if the property is underwater, or worth less than the mortgage debt.

Indeed, the Obama administration's loan modification program has more or less allowed banks that own second mortgages on troubled borrowers' homes to continue to press for full repayment of these obligations.