Sentences with phrase «after defaulting on»

After defaulting on their home loans or doing a short sale on their previous homes in recent years, some home owners have found a way to buy again, Reuters News reports.
This summer, nearly $ 200 million of his personal assets were frozen by a court in his home country, and just last week Jia was placed on a nationwide «debtor blacklist» in China after defaulting on a $ 72 million debt that he owes to a Chinese securities group.
He was inspired to make the request, he said, by a recent court case in Australia where the Australian Capital Territory Supreme Court approved an application to use Facebook to notify a couple that they had lost their home after defaulting on a loan.
Californians are in danger of losing their homes after defaulting on loan payments from a government program meant to encourage individual investment in green technology.
Another 474,000 are in income - contingent repayment, a similar program with slightly different rules, but many of those were automatically enrolled after defaulting on their loans.
You may even be able to get another VA loan after defaulting on a previous one.
This is something a Tennessee woman learned the hard way after defaulting on her loan payments, local ABC News affiliate WRIC reported.
Most borrowers will not be completely protected after defaulting on a federal student loan.
She and her two kids are being kicked out of their home after defaulting on the mortgage.
Restructured debt backed by Treasuries and issued by emerging market countries after defaulting on original loans.
Sovereign Bank in 2010 filed to foreclose on the arts venue after it defaulted on a $ 6.5 million mortgage the bank had provided in late 2006, court records show.
«A group of three publicly financed charter schools in Georgia run by followers of Fethullah Gulen, a prominent Turkish imam, have come under scrutiny after they defaulted on bonds and an audit found that the schools improperly granted hundreds of thousands of dollars in contracts to businesses and groups, many of them with ties to the Gulen movement....
This means 180 days after you default on your loan, the private loan company can report your default to the credit reporting agencies and 7 years later if it remains unpaid, just like any other debt, the negative item can be removed from your credit report.
Your lender is not allowed to repossess your car after you default on your loan and then lease the vehicle back to you.

Not exact matches

Fitch's trailing 12 - month institutional loan default rate of retailers was pushed to 8.6 %, with $ 5.9 billion in loans that are now in default, after the bankruptcy on Friday of Nine West Holdings with $ 1.6 billion in loans.
The lawsuit stems from losses the pension fund suffered after the collapse of the housing market and defaults on formerly AAA - rated securities that were backed by pools of residential mortgages, Calpers said in a statement.
Indeed, after recently being briefed on the matter by European pension players, he concluded the possibility of serious defaults in the wake of these new rules «is all too real.
After Argentina defaulted on its sovereign debt in 2002, most investors accepted a settlement worth 30 cents on the dollar.
After pinching pennies to avoid a U.S. default on debts in July, U.S. Treasury Secretary Tim Geithner now insists Uncle Sam will have to break its obligations to creditors in August unless the federal government's debt ceiling is raised.
All Instagram videos are silent by default when you scroll through your feed, but if you tap the sound on for one video, every video you scroll past after that will autoplay with the sound on.
«After five years, very few people default on their mortgages,» he observes.
Loans that have been in default can be consolidated after three consecutive monthly payments have been made or if the borrower agrees to repay the consolidation loans under an income - driven repayment plan (where the payments are based on the income of the borrower).
A climbdown from Ms Lagarde's office is even less likely after the Leftist Syriza government crossed the rubicon and became the first developed country in the IMF's 71 - year - history to default on the world's «lender of last resort» this week.
Not long after she took charge in June 2006, Bair began sounding the alarm about the dangers posed by the explosive growth of subprime mortgages, which she feared would not only ravage neighborhoods when homeowners began to default — as they inevitably did — but also wreak havoc on the banking system.
An agreement on the package has remained elusive after five months of contentious negotiations that have left the country at the brink of default when the bailout expires on Tuesday.
Tracey Timony, a mother who cosigned her daughter's loan of over $ 100K, told those at the hearing she was sued after her daughter defaulted on the loans.
After rejecting Brooksley Born's attempt to regulate credit - default swaps at the Commodity Futures Trading Commission in 1998, he served his banking benefactors by passionately supporting Robert Rubin and Larry Summers in pressing the Clinton Administration to repeal Glass - Steagall, opening the door to make consumer banking dependent on wild financial gambling by the likes of Citibank and what has become Bank of America.
The SEC complaint goes on: ``... after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS [Residential Mortgage Backed Securities] portfolio it helped select by entering into credit default swaps (CDS) with Goldman Sachs to buy protection on specific layers of the ABACUS capital structure.
According to the most recent report by Consumer Financial Protection Bureau (CFPB) from 2014, private student loan borrowers are finding out they are in default on their loans after the death of their cosigner.
Valeant pledged on Monday to file its annual report on or before April 29 after missing a deadline last week, which opened the door to a default on part of its $ 30 billion debt load.
Any jumbo loans that a lender can't sell stay on the lender's books and expose the lender to the risk that the jumbo loan borrower would default on an expensive home that would be hard to re-sell after foreclosure.
Rehabilitation means that your loan will be taken out of default status after you make a series of consecutive (generally, nine) on - time, monthly payments.
Lenders set their mortgage rates in order to offset the risk of borrower default, and also to make some profit on the loan (it is a business after all).
After talks on Monday, Greece now has 48 hours to bring a deal with its creditors to the finish line and end a five - month standoff over aid that risks default and possible exit from the euro.
I announced on Twitter yesterday after hearing Roger Ver's talk at the Satoshi's Vision Conference that the Bitcoin.com wallet would no longer create a default BTC wallet when downloaded, only a Bitcoin Cash wallet.
In 2012, she dismissed a suit brought by Bank of America against troubled developer Kent Swig who had lost a fortune in the financial crisis, after Swig defaulted on $ 17.6 million in loans tied to his Upper East Side apartment.
The Colombian and Chilean pesos were floated in September after periods of speculative attack (although the Colombian peso has recovered a little since), the Brazilian real fell on continuing budget imbalances and US dollar debt servicing and Ecuador's sucre has been under pressure following that country's default on some foreign debt and persistent domestic stagflation.
Make a $ 450,000 home loan with 3 % down to a couple making $ 35,000 a year working at Starbucks; already burdened with $ 90,000 in student loans, $ 20,000 in credit card debt and FICO scores of 610, after they tell the loan officer they make $ 120,000 as senior managers of a large multi national corporation When they default on the home loan, file bankruptcy to discharge student and credit card debt and start living in section 8 housing, you now have a new brother and sister.
The surreal scene, playing out in a squat concrete building at the park on the outskirts of Buenos Aires, is the latest twist in the long - running battle between Fernandez's administration and investors that refused to settle after the country's 2001 bond default.
After the media saturated homeowners with house crash hysteria, many started defaulting on their mortgages, mortgage security values collapsed, and that triggered bankruptcies.
A source familiar with the matter said the cell tower addresses were being sent to Google after a change in early 2017 to the Firebase Cloud Messaging service, which is owned by Google and runs on Android phones by default.
After all, AIG was already writing financial reinsurance through default swaps on such mortgages, why not add to a winning bet?
The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.
Combined with the fact that you pay the short term gains taxrate on the interest no matter what and at best you get a capital loss when a loan goes into default means the 6 - 9 % Lending Club claims investors average is probably closer to something like 3 - 5 % after the unfavorable tax treatment.
My default setting had become stuck on feelings of inadequacy and abandonment after the five - year battle with breast cancer my mom endured ended in her death when I was 11 years old.
The proportion of congregations in the 1960s and 1970s that actually responded as prescribed to their contexts was in fact very small.21 As neighborhood populations changed racially, some churches whose physical and financial resources lingered after their former membership fled introduced service programs to assist the poor, but the adjustment seems in most cases to have stemmed from necessity or default rather than from deliberate reorientation and restructuring by members who themselves stayed on to be transformed.
In many cases, doctors assume this as the default explanation for first time miscarriages — with good reason, given that most couples go on to have a normal pregnancy after one miscarriage.
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.
Blackman discovered the «cut and paste job» of the signatures after receiving notices that Terry had defaulted on the lease in 2006, the complaint says.
The lender to indicted restaurateur Harendra Singh's concessions at Oyster Bay's golf course and Tobay Beach has demanded that the town pay more than $ 14.6 million after Singh defaulted on loans guaranteed by the town, according to letters obtained by Newsday.
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