1.   Building society business is low risk because all the lending is secured and mortgage holders pay on time.

2.   Hope that interest rates Decrease to release mortgage holders threatened with repossession.

3.   Under the deal, mortgage holders have to take out house insurance with approved council agents.

4.   A council spokesman said mortgage holders were offered a choice of insurance companies.

5.   While mortgage holders will be disappointed at the lack of further cuts, it will be welcomed by savers.

6.   And they formed the planning corporation, which has been financed by Trump, his partners and the Chase Manhattan Bank, the mortgage holder.

7.   As interest rates fall, they gain value because mortgage holders pay off the principal early and refinance their debt at lower rates.