Anyone who has ever taken out a mortgage will be unsurprised to learn that it is, literally, a death-pledge. However, it’s the sort of thing you would only usually notice if you were taking out a mortgage on a mortuary. Mort is death, and mortal man has nothing else waiting for him. Nothing is certain in this life except death and mortgages. The reason a mortgage is called a death-pledge is that it can die in two ways. You can pay off the whole thing, in which case the deal dies and you own your house. However, that happy ending is far from certain in these troubled and impoverished times. The
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