Sentences with phrase «loan loss reserve»

Managed the loan loss reserve (LLR), troubled debt restructuring (TDR), and real estate owned (REO) processes for Multifamily loans, including key controls, journal entries, reconciliations, analytics, reporting, and audit requests

«Despite Fisker's difficulties, our overall loan portfolio of more than 30 projects continues to perform very well, and more than 90 percent of the $ 10 billion loan loss reserve that Congress set aside for these programs remains intact.»

Franchise fee revenue could provide a loan loss reserve for an energy efficiency financing program like PACE, leveraging millions of dollars in private, low - risk loans for improving the energy use of local properties.

Requires CEDA's Administrator to: (1) establish an expected loan loss reserve; and (2) use a portfolio investment approach to mitigate risk and diversify investments across technologies and limit to 30 % the amount of financial assistance provided to any one technology.

In this case, the SEC accused Capital One of using loan loss reserve estimates from October 2006 through the third quarter of 2007 to understate the financial firm's auto loan losses.

And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years.

This should have been a red flag to Capital One's audit firm at the end of 2006 that the loan loss reserves in the auto portfolio needed to increase.

A 2012 PCAOB inspection report of KPMG deficiencies cited its failures to question management judgment, including failure to test management's assumptions on loan loss reserves.

In May, the PCAOB disclosed that E&Y had failed to make sufficient efforts to address previous PCAOB criticisms, which included, among others, «apparent failure to appropriately challenge management» and failure to test loan loss reserves.

But with FDIC reports noting that large commercial banks have the lowest level of loan loss reserves in a decade, and showing concerns about deterioration in credit quality and regional risk factors, Superior is a microcosm of a much broader problem.

Even so, new delinquencies continue to accelerate faster than loan loss reserves.

The toxic securitized mortgage assets were not in the Main Street banks and savings and loans; these institutions owned mostly prime quality whole loans and could have bled down the modest bad debt they did have over time from enhanced loan loss reserves.

Unfortunately, ROE is highly dependent on absolute yields, yield spreads, maintaining adequate loan loss reserves, and the amount of leverage used.

Tags for this Online Resume: loan loss reserves, credit analysis, loss mitigation, lending, GL Reconcilement, loan portfolio analysis

Not exact matches

The ranking was based on five factors: Tier 1 capital compared with risk - weighted assets; nonperforming assets against total assets; loan - loss reserves to nonperforming assets; deposits to funding; and efficiency, a measure of costs to revenue.

This does not mean bailouts in the form of loans to insolvent banks whose losses have wiped out their reserves and hence their equity capital investment.

It has set its allowance for loan losses at 2.2 % of finance receivables, while its peers only reserve from 0.5 % to 1.4 %.

Banks are already raising loss reserves against their energy loan portfolios.

Another factor fueling earnings growth is a dramatic reduction in the reserves banks have set aside for future loan losses, as fewer U.S. borrowers default.

J.P. Morgan, Bank of America, Citigroup and Wells Fargo freed up $ 15 billion in loan - loss reserves during 2013, including $ 3.7 billion in the fourth quarter.

For example, NCB Development Corporation used its $ 6.4 million grant to create the Charter School Capital Access Program; the grant dollars comprise a «first loss reserve» - money that serves as a buffer for lenders in case payments fall through - on a $ 45 million loan pool that NCB and the Reinvestment Fund raised from large financial institutions.

CSDC has pledged this grant as first loss loan reserve under the Mountain West Charter Schools Fund.

FHA is between a rock and a hard place as it struggles to recoup losses that have depleted the reserve fund used for paying mortgage insurance claims on defaulted FHA loans.

Growing pains can be costly, as FHA learned when its cash reserves for reimbursing lenders for losses on defaulted loans tanked to levels well below the legal minimum.

Columnist Kathleen Pender wrote recently in the San Francisco Chronicle that approving FHA mortgage loans for borrowers who have outstanding debts in collection could increase taxpayer risk if these loans default and FHA doesn't have enough in its reserve fund for reimbursing lenders» losses.

The new rules forced banks to increase their capital reserves, which have helped them better absorb future loan losses.

'' [W] hen loan default rates are low — there would be limited or no reinsured losses; and in other years — when loan default rates are high — there would be significant reinsured losses and, correspondingly, significant reserves,» he wrote.

Substantially higher loan and lease losses would decrease its loan and lease reserve account to the point where this bank would have to increase the future provision for loan losses on the income statement.

An investor should be concerned that this bank is not reserving sufficient capital to cover its future loan and lease losses.

It recorded an $ 85 million loss in the last quarter, mainly because it raised its reserves to cover loan losses, primarily commercial.

The program was originally appropriated $ 6 billion in federal funds to provide reserves to cover expected losses on a portion of the loans issued by the agency.

Our reserves are to cover loan losses over a 30 - year term.

That's the combined capital reserves of our financing account, which is our primary loan - loss reserve, and this capital reserve.

But the figure still represents a success, lenders say, because last year's volume was hampered when HUD ran out of credit subsidies (required loan - loss reserve funds) halfway through the fiscal year.

The large increase in FHA defaults is a source of growing concern since the FHA's insurance reserve fund to cover loan losses is virtually depleted.

commercial property inspections, investor's due diligence inspections, roof certifications, site work inspections, decision analysis, limited - scope inspections, pre-listing seller inspections, cost management inspections, insurance inspections, litigation inspections, reserve studies, capital reserve inspections, construction draw inspections, loan servicing inspections, portfolio reviews, loan origination inspections, capital improvement inspections, annual maintenance inspections, project quality - control oversight, indoor air quality, energy auditing, green building consulting, accessibility inspections, fire door inspections, chimneys, energy loss, lead, methamphetamine labs, mold, new construction, pools, spas, radon, stucco, EIFS, thermal imaging, water quality, WDO, pests, barns, vacant property monitoring, and discreet residential inspections for public figures.

Letting borrowers who have unpaid collection accounts take on more debt seems unfair to the borrower and to taxpayers who will be on the hook if FHA's reserve fund can't cover losses on loans it has insured.