Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. Not involving a mortgage

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

non- +‎ mortgage

Examples

  • Yet U.S. consumers have 37% more credit-card, auto and other nonmortgage debt than a decade ago, before adjusting for inflation, according to the Fed.

    Debt Hamstrings Recovery

  • The $200 billion program, which lasted from March 2009 until June 2010, provided low-cost loans to investors buying nonmortgage asset-backed securities after the market dried up.

    Asset-Backed Bonds Go Exotic

  • Mr. Mayo estimated that U.S. banks are about a third of the way through accounting for losses on nonmortgage consumer loans, while losses on business loans "seem in the early stages."

    Banks Need $875 Billion in New Equity, IMF Says

  • But consumer appetite for loans still was anemic: The net percentage of banks reporting stronger demand for auto and other nonmortgage consumer loans remains near a low.

    Auto Sales May Give Hint of Borrowing

  • Third, the current bank-asset losses do not include any allowance for future losses which will result from global recession in (nonmortgage) consumer credit, leveraged buyouts and emerging-market, corporate foreign-currency debt.

    How Far Will Deleveraging Go?

  • In recent months, Carlyle Group tried to shore up the fund by selling about $1 billion of nonmortgage assets and suspending its dividend.

    Carlyle fund on ropes as banks get nervous

  • A report released in March by the American Savings Education Council and the AARP found 83% of those surveyed have some nonmortgage debt.

    Teaching College Grads About Their Money

  • In recent months Carlyle Group tried to shore up the fund by selling about $1 billion of nonmortgage assets and suspending its dividend.

    Carlyle Fund in Free Fall

  • As long as the bill's wording keeps the door open for nonmortgage assets to benefit from the program, "we're not beating anybody's door down up there," said a student-loan industry official.

    Auto-Finance Firms Seek a Hand

  • According to a report compiled by the Securities Industry and Financial Markets Association -- which supports a flexible approach to including nonmortgage assets in the program -- asset-backed securities outstanding totaled $199 billion for auto loans, $256 billion for student loans, and $356 billion for credit card receivables as of June 30.

    Auto-Finance Firms Seek a Hand

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