It was called securitized mortgages.

Total financial losses including possibly 1 trillion in mortgages and related securitized products could be as high as 1.7 trillion.

Commercial mortgages.

To compensate for the disappearance of that market, and for the simultaneous disappearance of non securitized bank lending to American homeowners, 95 of US mortgages today are channeled through the state institutions Fannie Mae, Freddie Mac, and Ginnie Mae.

You take a bunch of mortgages, so you know, these are house mortgages.

Let's start with mortgages.

Traditionally, the answer was banks in the securitized world, it remains a question.

Mortgages became more widely available.

Bank Loans, Mortgages and Credit.

Specifically, problems in the US housing sector have, since summer, undermined confidence in securitized assets.

But securitized credit taken off one bank s balance sheet usually ended up on another bank s books.

Bank loans, mortgages, and other financial credits

Well, you take a bunch of mortgages.

Mortgages, and bills, and debts! Be reasonable.

We've had mortgages before. Yes, little ones.

Mortgages are available at outrageously high interest rates.

The problem was not just sub prime mortgages.

By the end of this year about 8.4 million US individuals with mortgages will be unemployed and unable to service their mortgages.

Vickers is no more enamored of so called limited purpose banking, in which all debt is effectively securitized.

Wall Street has polluted the economy with toxic mortgages.

Sub prime mortgages made the American dream come true.

Many who want to refinance their mortgages still cannot, because they are underwater (owing more on their mortgages than the underlying property is worth).

Losses are spreading from sub prime to near prime and prime mortgages, commercial mortgages, and unsecured consumer credit (credit cards, auto loans, student loans).

Fixed mortgages, with interest rates at 6 , were replaced with variable rate mortgages, whose interest payments were tied to the lower short term T bill rates.

Moreover, defaults on securitized credit card debt and commercial loans to companies that are driven to bankruptcy are still to come.

Scientists have mortgages to pay just like the rest of us.

Why can't we let mortgages be financed in the private sector?

Yes, sir. And three fine mortgages might make a grand finish.

Many banks have already acknowledged their open ended losses in residential mortgages.

The right to bank loans, mortgages and other forms of financial credit

The right to bank loans, mortgages and other forms of financial credit

Let's say it's um let's say its 10 billion of commercial mortgages.

They bought only government paper and securitized real estate instruments that were issued by the semi public bodies Fannie Mae and Freddie Mac.

When normal mortgages did not prime the pump enough, he encouraged them to take out variable rate mortgages at a time when interest rates had nowhere to go but up.

Its members could not agree even on how to define subprime mortgages and calculate how many such mortgages there were in the United States at the time of the crisis.

German banks grant mortgages only to a maximum of 60 of the value of a house, instead of the 100 mortgages that were frequently seen in the US and United Kingdom.

This, of course, is just the story of subprime mortgages in another guise.

The largest number of defaults on sub prime mortgages will occur this spring.

For one out of four US mortgages, the debt exceeds the home s value.

Unlike virtually every other country, US residential mortgages are effectively no recourse loans.

Guarantee of women's rights to bank loans, mortgages and other forms of credits

(b) The right to bank loans, mortgages and other forms of financial credit

b. The right to bank loans, mortgages and other forms of financial credit

(b) the right to bank loans, mortgages and other forms of financial credit

They may feel confident, say, in taking out mortgages they really can't afford.