AZ Land List .com

As officials and business leaders struggle to rescue the US economy, the news has been filled with strange terms like “mortgage-backed securities” and “leverage.” Most people know that a mortgage is a home loan. Lenders add a charge called “interest” to the mortgage amount and borrowers repay the loan, plus interest, in monthly payments over many years. But many are baffled by the newer terms. voa’s Jim Randle translates some of the Wall Street-speak into more understandable language.