higher-risk credit mortgages which has interest rates that can adjust over time, which is bad and best to stay away from
During the housing boom of the mid-2000s, many lenders were giving subprime mortgages to borrowers with low credit scores, contributing to the subsequent financial crisis
During the housing boom of the mid-2000s, many lenders were giving subprime mortgages to borrowers with low credit scores, contributing to the subsequent financial crisis
Boss: You know, subprime mortgages were a big topic during the last financial crisis?
You: Ah, yes, *sips coffee* I love talking about business
You: Ah, yes, *sips coffee* I love talking about business
by seee..pearl April 23, 2024
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Word coined by political Teabaggers to mean (in ungrammatical fashion) "death" (like "carnage"), destruction, or ruin.
Origin: "Please don't mortage my childs (sic) future."
Example: "Man, that French slasher flick had a lot of mortage in it!"
Example: "Man, that French slasher flick had a lot of mortage in it!"
by liberalisnotabadword March 31, 2010
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