Sentences with phrase «a holder of a loan»

Returns are capped — With debt investments, you're the mortgage holder of a loan secured by a specific property.

Students must formally request a deferment or forbearance through the procedures established by the holder of the loan, and must continue making payments until notified that the deferment has been granted.

If you default on a loan, the university, the holder of the loan, the state government and the federal government can take legal action to recover the money, including garnishing your wages and withholding income tax refunds.

Holder A holder of a loan is the lender that currently holds legal title to the loan and is entitled to the payments of principal and interest.

you must send proof that supports your claim to the holder of your loan.

Since loans may periodically be sold to a different lender, the current holder of a loan may not necessarily be the lender that originated the loan.

If you are not able to correct the data by contacting the holder of the loan, you may contact NSLDS directly and correct the information.

In addition, if you do not make repayment arrangements with the holder of your loan — the U.S. Department of Education (ED), a guaranty agency, or the school that made the loan — and comply with the terms of the repayment arrangement, your loan holder may place your loan with a collection agency.

The holder of your loan can take other actions to collect as well.

You can also try talking to the current holder of your loans, to see if they'll reduce the interest rate on your loans rather than lose your loans to another lender.

Clearly, if the holder of the loans is refusing to grant early repayment status, the holder is also refusing to consolidate the loans, and thereby enables a third party lender to consolidate the loans of the eligible borrower.

Perkins Loans are defined in Part E. However, the borrower could consolidate the Perkins Loan into a FFELP Consolidation Loan to bypass the single holder rule, or the borrower could indicate that he / she has been unable to obtain a consolidation loan with income - sensitive repayment terms from the holder of the loans selected for consolidation, and per 428C (b)(1)(A)(ii), consolidate with a different lender.

If a continuing student wishes to take advantage of the early repayment status loophole, but the current holder of the loans does not cooperate, there are several possible loopholes that may allow the student to bypass this restriction.

For information about your options, contact the servicer of the loan and / or the original lender or the current holder of the loan.

For example, if your school lied to you about something important before you enrolled, such as your chances of finding a job after you graduated, you may have grounds to file a borrower defense claim with the Department of Education or other holder of your loans.

The Nelnet Total and Permanent Disability Servicer will notify you and the holders of your loans and / or TEACH Grant service obligation of the approval.

If you have student loan debts, contact the holder of your loans and ask for a disability cancellation form.

This may be the school where you received the loan, or a loan servicer working on behalf of the school or other holder of the loan.

For a loan made under the Federal Perkins Loan Program, the holder of the loan may declare the loan to be in default if you don't make any scheduled payment by the due date.

The Nelnet Total and Permanent Disability Servicer will notify you and the holders of your loans and / or TEACH Grant service obligation of the approval.

However, the bank or other holder of the loan may require a minimum amount of insurance coverage.

Not exact matches

The complaints were filed by such transparently named financial institutions as HSBC Bank USA, and EMC Mortgage Corporation, and BAC Home Loans Servicing, L.P., and LSF6 Mercury REO Investments Trust Series 2008 - 1, and Citibank, N.A., as Trustee for the Holders of Bear Stearns Alt - A Trust 2006 - 6 Mortgage Passthrough Certificates Series 2006 - 6, and Deutsche Bank Trust Company Americas f / k / a Banker's Trust Company, as Trustee and Custodian for IXIS 2006 - HE3 by: Saxon Mortgage Services, Inc. f / k / a Meritech Mortgage Services...

We weren't able to get a bank loan until 1991, when half of our debt holders had converted to equity.»

Student loan holders also give a more downbeat assessment of their personal financial situation compared with their peers who don't have outstanding student debt.

Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).

The investment holders of the underlying mortgage loans and the lower shorter - term rates paid directly to the known investors.

With home values on the rise, many jumbo loan holders are using a refinance as an opportunity to tap into some of the equity they've built.

Contact the loan holder of your private student loans for loan information.

If you can't afford the initial monthly payment amount described above, you can ask your loan holder to calculate an alternative monthly payment based on the amount of your monthly income that remains after reasonable amounts for your monthly expenses have been subtracted.

Confirmation from your current servicer / loan holder of the pay - off amounts and interest rates on your underlying loans (generally within 2 weeks of receiving your application)

If you need help with your defaulted loan, you will need to contact the holder of your defaulted loan.

Your loan holder may be collecting payments on your defaulted loan through wage garnishment or Treasury offset (taking all or part of your tax refunds or other government payments).

Famed investor Warren Buffett has pointed out that the true long - term holder should think of this $ 868,686 as an interest - free loan from the Federal and state governments.

Non-asset holders were punished — their bank deposits now generate little or no income, and they were forced to move into riskier assets, such as stocks, bonds, real estate, or «anything that offers some yield and is not bolted down to the floor» (please see my answer to What kind of market distortions does the Fed loaning out money at 0 % cause?).

Holder is sitting on evidence supplied by whistleblower Alayne Fleischmann that JPMorgan Chase officers knowingly and deliberately misrepresented the quality of loans they packaged into mortgage - backed securities.

In simple terms, a bond holder is a lender who has loaned funds to the issuer of the bond.

FHA MIP, or mortgage insurance premium, is a type of insurance policy that protects lenders if an FHA loan holder defaults on his or her mortgage.

Home values are rising, and FHA loan holders should consider getting rid of an expense that often amounts to hundreds of dollars per month.

Fred Tomczyk cited several signs of this: margin loans at high levels, client cash at low levels and account holders at the firm logging in frequently.

For example, if a borrower defaults on their mortgage, Fannie and Freddie are responsible for the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securities.

Any loan we issue may be collected from thousands of individual coin holders which may be switched at any time.

Morata is currently at Juventus, on a complex two year loan deal from current Champions League holders Real Madrid, who have the option to buy him back at the end of the spell.

It's not like the US went directly to China and signed up for a loan, so it's a more general bond - issuer, bond - holder relationship and not a bank loan type of relationship.

Others are Imo Tourism Board, Imo Blue Lake of Treasure, Imo State Investment Promotion Agency, Imo Job Centre, Imo Water Development Agency, IWADA, Imo Library Board, Imo Agricultural Loans Board, Imo Livestock, Imo Poverty Alleviation Agency, Imo Palm Plantation, Agricultural Development Programme, ADP and Small Holders Unit.

The bill will expand the mandatory 90 - day grace period to holders of all types of home loans, not just subprime mortgages, so more homeowners will have a grace period to address their situation before facing foreclosure.

The Assembly had met in secret to approve a loan request of N3bn from the executive to buy cars for the legislature and other political office holders.

In a depressed Northern town where loan sharks are the only viable source of funding for cash - strapped entrepreneurs, market stall holders Bex (Victoria Smurfit) and Dawn (Joanne Mitchell, Blunt's real - life wife and the film's producer) fall prey to the last resort to finance their achingly modest dream of a tea and cake shop.

If you're in default on a loan, you are not eligible for forgiveness of that loan unless you have made satisfactory repayment arrangements with the holder of the defaulted loan.

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Sounds awfully like the banks tricking people into signing ARM's, packing the bad loans into balls of other bad loans, selling them all over the place as investments, then blaming the mortgage holders when the whole house of cards tumbles down.