As the banks who sold on these mortgages were not putting up their own money as collateral, they no longer used their own in-house bank managers to assess the income of their borrowers and check the real value of the house they were giving a mortgage on.
Other advantages are also fading, notably parts suppliers' access to low-cost funds from the house bank.
In other words, the bank fears a house price crash that leaves homeowners trapped in negative equity.
Bank and brokerage house earnings will decline for at least two quarters, by as much as 40%.
Last month, Toyota said it would not participate in a new share issue by Sakura, its house bank.
The bank buys the house, then sells it to the buyer at cost plus a pre-agreed-upon profit, paid in installments.
First elected to the House in 1990, Riggs was one of the "Gang of Seven" freshmen who defied leadership over the House bank.
Many have developed a shared service center or in-house bank and then select one bank for the Americas, another for Europe and one for Asia.
And Maha Al-Ghunaim (No. 94) is the cofounder and chair of Kuwaiti bank Global Investment House, one of the largest banks in the area.
That institution happens to be the house bank of Porsche, part of the Volkswagen group, on whose supervisory board Mr Wulff sat during his Lower Saxony premiership.
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The nationalisation comes after the European Commission blocked an earlier plan that would have seen the country's other large banks, Rabobank, ING and ABN Amro, contribute capital to a so-called "bad bank" to house SNS Reaal's distressed property assets.
Wachovia hired at least one person from Union Bank after Union Bank exited the exchange house business who had a significant role with the casas at Union Bank.
The third is splitting assets, usually the house or bank accounts.
In 2000, a friend informed him of a bank which desperately needed clearing house software.
So, the bank helping you buy a house is not exactly lending the money.
"So basically I've lost my house to the bank and I am struggling to pay the interest, " he says.
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That would be a problem for whoever buys the house from the bank.
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She never had her own house keys or bank account and Mr Philpott kept her provisional driving licence, jurors heard.
Having started in desktop publishing, it now offers to replicate the functions of a bank's in-house library and its junior analysts.
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Look back over the decades, say economists at Deutsche Bank, and changes in house prices have been closely related to changes in disposable income.
Should that happen, Welch said he would ask the bank's human-resources department to secure time without pay for the bank's in-house brawler, thus ensuring his job doesn't go anywhere.
The World Bank's in-house "watchdog, " an entity called the Independent Evaluation Group, recently lambasted Doing Business, claiming that there was no significant relationship between the publication's indicators and economic growth rates, even though the countries with the lowest rankings usually have the worst long-term records for economic growth.
Why on earth would you want your son or daughter to take out a loan on a house where they are going to work most of their adult life to pay back the bank more than twice the cost of the house with interest?
"Yeah, my house price declined, " says Dana Johnson, chief economist for Comerica Bank, who says he lost money on his house when he was transferred from the Detroit area to Dallas last year.
He still had not finished writing the clearing house software that the bank desperately needed.
I'll just turn the house back to the bank and rent for a few years.
So you must call your bank, mutual fund, brokerage house or credit union and ask.
While overseas, Obama will also visit the West Bank and Jordan, the White House said.
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