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MBIA is suing Merrill Lynch, which paid MBIA to insure securities backed by extraordinarily complex securities, among them collateralized debt obligations secured by collateralized debt obligations secured by collateralized debt obligations that were secured by mortgage-backed securities.
Along with the football helmet, she had to wear white mitts that were secured around her wrists by surgical tape.
But in the 1990s, as competition squeezed their profit margins, Ambac, MBIA and others moved to back bonds that were secured by mortgages, credit card receivables and other assets.
Ledger was renowned for her generosity, for her unstuffiness, and for her sense of fun: qualities that were secured through her close family life with Jim and their son Richard.
Norman Siegel and Steven J. Hyman, lawyers for the plaintiffs, said their clients' bicycles were seized after officers cut through locks that were secured in a lawful manner, to light posts and parking meters.
Yet Fobaproa had to pick up these loans too.Why not just seize and sell the assets that secured the loans those that were secured, anyway and recoup the money?
Similar(38)
Another, more obscure, provision of the bill would affect certain loans that are secured by assets.
Supplemental lender means a lender that has provided a supplemental source of financing that is secured by the RUS mortgage.
A recent $400m loan from Goldman Sachs that was secured by more than half of Ecuador's gold reserves raised eyebrows.
"It's not a pretty goal but it's one that's secured us three points".
A nonrecourse loan is type of loan that is secured by collateral, which is usually property.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com