Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- adjective finance Not involving a
mortgage
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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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 Tom Lauricella 2011
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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 Tom Lauricella 2011
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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 Anusha Shrivastava 2011
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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."
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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.
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A report released in March by the American Savings Education Council and the AARP found 83% of those surveyed have some nonmortgage debt.
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In recent months Carlyle Group tried to shore up the fund by selling about $1 billion of nonmortgage assets and suspending its dividend.
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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.
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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.
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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 Peter Lattman, Randall Smith 2008
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