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A mortgage is a debt instrument that the borrower is obliged to pay back with a predetermined set of payments. A mortgage is a debt instrument that the borrower is obliged to pay back with a. For example, if you bring home $5,000 a month, your monthly mortgage.
The practices of Citigroup’s correspondent mortgage business in the housing boom also have drawn scrutiny. Richard Bowen, the former chief underwriter for its consumer-lending group. events and we.