nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW
6,302
edits
Changes
Jump to navigation
Jump to search
Line 2:
Line 2: + +
add sub-prime
Hypothecation refers to the right that a creditor has to liquidate goods, securities, or other [[assets]], if you fail to service a loan.
Hypothecation refers to the right that a creditor has to liquidate goods, securities, or other [[assets]], if you fail to service a loan.
A '''sub-prime mortgage''' is one where the credit-worthiness of the borrower or his ability to repay the loan is questionable.
== See also ==
== See also ==