Mortgages in example sentence
Realistically assessed, the full downside legal risks to financial institutions are in excess of $1 trillion – particularly if it can be demonstrated that the “mortgage-backed securities” sold to investors were not backed by mortgages at all, because the proper legal paperwork was never done.
More example sentences with word mortgages
What they hadn't counted on was digitization, because that meant that all those paper receipts had been scanned in electronically, and it was very easy for somebody to just copy that entire database, put it on a disk, and then just saunter outside of Parliament, which they did, and then they shopped that disk to the highest bidder, which was the Daily Telegraph, and then, you all remember, there was weeks and weeks of revelations, everything from porn movies and bath plugs and new kitchens and mortgages that had never been paid off. 
