mortgage mortgage  /ˈmɔr ɡədʒ/

Definition(s):

  1. (n) a conditional conveyance of property as security for the repayment of a loan
  2. (v) put up as security or collateral

Derived Word(s)

Usage(s):

  1. A new breed of company wants to solve your mortgage woes.
  2. Mortgage bonds used to be the stars of finance.
  3. Perhaps no one figured that subprime mortgage holders were 10 times as likely to enter into foreclosure as people who made downpayments and could document their ability to pay.

News

  1. Timbercreek Mortgage Investment Corp. will acquire shares in the open market to satisfy its DRIP

    Timbercreek Mortgage Investment Corp. will acquire shares in the open market to satisfy its DRIP
    on June 12, 2013     Source: CNW Group via Yahoo! Finance

  2. Mortgage, energy data lead calendar

    Mortgage applications and oil inventories are the only events on today's agenda. MBA will release the loan data at 7 a.m. ET, and the Energy Department will announce the change in energy stockpiles at ...
    on June 12, 2013     Source: optionMONSTER via Yahoo! Finance

  3. Mortgage Bond Prices Gyrate Amid Interest Rate Woes

    Mortgage Bond Prices Gyrate Amid Interest Rate Woes
    on June 11, 2013     Source: Nasdaq

Quotes

  1. "All of us are paying a price for this home mortgage crisis. And all of us will pay an even steeper price if we allow this crisis to deepen - a crisis which is unraveling homeownership, the middle class, and the American Dream itself," Obama...
    on Feb 18, 2009 By: Barack Obama Source: Reuters India

  2. "Unfair and deceptive acts and practices hurt not just borrowers and their families, but entire communities, and indeed, the economy as a whole. They have no place in our mortgage system," Fed Chairman Ben Bernanke said.
    on Dec 15, 2007 By: Ben Bernanke Source: San Francisco Chronicle

  3. "We are aware of the issues within the housing and mortgage industries," Lewis said. "The transaction reflects those challenges. Mortgages will continue to be an important relationship product, and we now will have an opportunity to better...
    on Jan 11, 2008 By: Ken Lewis Source: Forbes

Word of the Day
anachronistic anachronistic
/ə ˌnæ krə ˈnɪ stɪk /