Actually a mortgage, a borrower.

The mortgage...

And we also have a mortgage

They can't afford a mortgage anymore.

Mortgage backed security.

My house is a mortgage free house.

I'll have to take a 750,000 mortgage.

So what is a mortgage backed security?

Actually let's extend.

And similarly, we're defining Entity to extend Class, Teleporter to extend Entity, and EnergyCanister to extend Entity.

The bank holds a mortgage on his building.

So that's what a mortgage backed security is.

So I take out a mortgage for 750,000.

But interest on a mortgage is tax deductible.

I got a mortgage. I got car payments.

Please extend this visa.

To extend their vision.

Extend it. Preserve it.

Extend your middle finger.

And extend your arm.

Please extend my detention.

Maybe they'll buy mortgage backed securities, so it makes the mortgage market a little bit looser, a little bit more liquid.

You've paid off your mortgage.

The original mortgage is 750,000.

Mortgage department, First National Bank.

So it's not too different than maybe a mortgage.

And you end up with a mortgage backed security.

I have a whole video on mortgage backed securities.

This is actually a mortgage backed collateralized debt obligation.

Let's say you take out a 200,000 mortgage loan.

Do you own outright, do you have a mortgage?

It's a chattel mortgage, just like furniture, just like a car.

Can I extend my stay?

Can I extend my stay?

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Stephanie... Gently extend your arm.

Can you extend your holiday by a few days?

My mortgage actually might be something like 4,000 a month.

Now let's do the example with a mortgage backed security.

My wife's got diabetes,mr.Frobisher.I've got a mortgage,medical bills.

I suffered from my mortgage loan.

I can't pay this mortgage anymore.

Think Enron, Madoff, the mortgage crisis.

You don't pay any mortgage payments.