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Showing results for Hardwire Mortgage
...“We believe these proposals will hardwire common sense standards into mortgage lending and guard against the risky lending practices of the past – leaving most borrowers unaffected, but better protected,...
...Although derivatives were not the cause of many of the credit losses – which stemmed from the surge in risky mortgage loans and the billions of dollars of securitised and other structured bonds built on...
...This is the difference between a mortgage-backed bond (a security) and a credit default swap, which provides a kind of insurance against non-payment of corporate debt....
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