mortgage debt

In Spain, if the bank forecloses on your home, you are still liable for your mortgage debt.

The Fed also said it stood ready to increase its plans for hefty purchases of mortgage debt.

Japan's banks did not, as a rule, load up on toxic US mortgage debt. Yet the crisis affected the country deeply.

The Czech koruna is down as well on (by most accounts, exaggerated) fears about mortgage debt and current account difficulties.

US Treasury yields are also higher, though not as much. Once mortgage debt buying slows next year, US long-term yields may rise too.

The rise in mortgage debt was more spectacular, leaping from 46 per cent of GDP at the turn of the century to well over 70 per cent in 2007.

At the other end of the scale, Italy has a mortgage- debt ratio of less than 20% of GDP.

All of a sudden, they wake up and their liabilities column is full of mortgage debt and credit-CARD debt.

She debated with her team whether to accept the assignment; working with mortgage debt wasn't a natural move for JP Morgan.

The team at JP Morgan did only one more Bistro deal with mortgage debt, a few months later, worth $10bn.

The new saving rate seems much more consistent with the continuing decline in consumer and mortgage debt outstanding.

During the financial crisis and early stages of recovery, it bought more than $1 trillion of mortgage debt to drive down mortgage rates.

After insuring $70 billion of dodgy mortgage debt, the firm was caught in an almighty liquidity squeeze when the debt's market value fell.

His judgment on the mortgage debt was clear: he could not see a way to track the potential correlation of defaults with any confidence.

The fed can hardly lower short-term interest rates any further, and it has already bought up billions of dollars in mortgage debt.

When the time comes to sell its large holdings of mortgage debt, it may face resistance from America's housing lobby.

Moreover, higher inflation would reduce the real burden of mortgage debt, so alleviating the solvency problems posed by the housing bust.

Now only wealthy outside developers can thrive in a capital city ridden with mortgage debt.

CDOs built solely out of subprime mortgage debt became the rage.

Together the companies hold about half of U. S. mortgage debt and are the largest source of funding for home mortgages.

A downside would be a reduction in the value of some savings, but half of outstanding mortgage debt is held by the government anyway.

Even without recession, falling home prices would have impaired enough mortgage debt to destabilise the financial system (see chart 3).

The guarantees give investors confidence to buy packages of mortgage debt, known as mortgage-backed securities.

No one worried much about the dangers of default because ownership of mortgage debt kept changing hands.

Its portfolio currently amounts to more than $2 trillion of securities, when counting Treasury bonds and mortgage debt.

And the simplest way to do that would be to write down the value of underwater mortgage debt.

They have not dipped back into these asset classes despite a huge rally in corporate bonds and mortgage debt this year.

By May this year, more than 60 per cent of his $132bn fund was in mortgage debt.

The insurer, once the world's largest, was rescued in September 2008 after mounting losses on securities linked to subprime-mortgage debt.

Meanwhile, there is still more mortgage debt outstanding than there was five years ago, roughly $9. 9 trillion, according to the Fed.

HOUSE prices in America have fallen so far that as many as one in five households have mortgage debt greater than the value of their homes.

There's also been much hand- wringing over ballooning mortgage debt.

Other investors were happy to buy that commercial paper because it was "asset-backed" , in the form of the mortgage debt.

What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers.

Legal changes, such as a revision to the bankruptcy code that allowed judges to reduce mortgage debt, could help.

The number of hedge funds focusing on mortgage debt ballooned along with the underlying market in 2005-06.

Then there is the debt that set off this crisis: mortgage debt. Overly easy mortgage borrowing financed the house-price bubble.

Households cut their debt at a 1. 7% annualized pace in the second quarter, led by declines in mortgage debt and consumer credit.

In the U. S. , the ratio of mortgage debt to GDP rose to 103% in 2007.

There is a big variation in the burden of mortgage debt across Europe, according to a report from Morgan Stanley.

If investors buy mortgage debt again, that makes the Fed's life easier on one front, but could sap demand for Treasurys.

The Fed said home-mortgage debt fell an annualized 1. 5% during the quarter.

Furthermore, the holders of the mortgage debt will also have a loss.

That's about 9% of residential mortgage debt and about 6% of total indebtedness.

Yields on safe investments such as U. S. Treasurys are even lower than they were before the mortgage-debt crash.

Things can spiral very quickly: there was a doubling of mortgage debt in America between 2001 and 2007.

Lehman Brothers, which was particularly badly hit by "toxic" mortgage debt, filed for bankruptcy last month.

OK. Mortgage debt, car debt?

Indeed, mortgage debt is higher in these countries than in America, when measured against national income.

That is no surprise, because mortgage debt in America carries huge tax advantages.

Home mortgage debt slid 3. 6% and consumer credit fell 3. 2%.

The amount of mortgage debt in America almost doubled between 2001 and 2007, to $10. 5 trillion.

The average mortgage debt per borrower nationwide edged up to $193, 121 in the third quarter, from $192, 287 last year.