Some articles on mortgage, mortgage bank, mortgage banks:
... members Landschaften issued debentures that largely correspond with the present-day mortgage Pfandbrief since the creditor acquired a direct claim over the estates the member had pledged as ... In 1862, the first German mortgage bank, Frankfurter Hypothekenbank in Frankfurt am Main, opened its doors ... Numerous other mortgage banks followed in rapid succession in almost all German federal states ...
... The mortgage industry of Denmark has proved very effective in providing borrowers with flexible and transparent loans on conditions close to the funding conditions of capital market players ... Simultaneously, the covered mortgage bonds transfer market risk from the issuing mortgage bank to bond investors ... Lastly, strict property appraisal rules, credit risk management by the mortgage banks, and tight regulations including the so-called 'balance principle ...
Famous quotes containing the words banks and/or mortgage:
“The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didnt order any credit cards! We dont spend what we dont have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?”
—Sarah Louise Delany (b. 1889)
“We are playing with fire when we skip the years of three, four, and five to hurry children into being age six.... Every child has a right to his fifth year of life, his fourth year, his third year. He has a right to live each year with joy and self-fulfillment. No one should ever claim the power to make a child mortgage his today for the sake of tomorrow.”
—James L. Hymes, Jr. (20th century)