Sentences with phrase «against default issued»

Private mortgage insurance (PMI): Insurance against default issued by a private company on conventional mortgage loans.

Not exact matches

Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.

The issue has so far been ceded — by default — to pseudo-moralists like Richard Lugar, Pat Buchanan and the Christian Coalitionist's Ralph Reed, who have been the only major political voices to speak out against the proliferation of legalized gambling... The highest formulaic expression of the New American Economy might just be «casinos plus part - time jobs.»

Also referred to as «Traditional Mortgage Insurance» BPMI is insurance issued by a private company that protects the lender against loan default.

If you're in serious financial difficulty then the chances are that your credit rating is already impaired and will only continue to get worse as default notices are issued against you.

Whatever service CDS provides, i.e. real insurance against credit default to real people who need it, will soon be provided in a regulated market where you have to hold reserve capital on the CDS you issue and trades are public.

You can not consolidate a default loan if a judgment has been issues against a defaulted loan which has not been dismissed.

Should you and your co-signer completely default on the loan, legal action, including garnishments and liens, can and probably will be issued against you both.

59 The answer to the first question and the first part of the third question is therefore that European Union law must be interpreted as meaning that it does not preclude the issue of judgment by default against a defendant on whom, given that it is impossible to locate him, the document instituting proceedings has been served by public notice under national law, provided that the court seised of the matter has first satisfied itself that all investigations required by the principles of diligence and good faith have been undertaken to trace the defendant.

Billions of dollars in default judgments have been issued against Iran for sponsoring terrorism, according to the Law360 story.

«In addition the moment a loan goes into default a basic valuation check should be made either through an automated value model or alternatively even in main web products to ascertain if there is sufficient security and, if not, consideration must be given at that stage, and not at the date of repossession, to a standstill agreement on limitation against the Defendant professional or even the issuing of a protective Claim Form.

Obtained reversal of a trial court's refusal to enforce terms of several promissory notes and award of damages to defaulting defendant and succeeded on issue of first impression regarding who has standing to raise an Unfair Trade Practices Act claim against a lender.

It is becoming more and more routine for Canadian regulators to name directors and officers in compliance and cleanup orders issued against a defaulting corporation.

However, the court would review the following four issues if challenged by the respondent: (1) whether the foreign court lacks jurisdiction pursuant to Taiwanese laws; (2) whether a default judgment is rendered against the losing defendant, but the notice or summons of the initiation of action had been legally served in a reasonable time in the foreign country or had been served through judicial assistance provided under the Taiwanese laws; (3) whether the performance ordered by such judgment or its litigation procedure is against Taiwanese public policy or morals; and (4) whether there exists no mutual recognition between the foreign country and Taiwan.

Note, however, the issues highlighted below at question 2.7 d) in relation to the enforcement of foreign judgments given in default and against defendants that have not expressly submitted to the jurisdiction of the foreign court, which may affect the amenability of the enforcement action to summary judgment.

The FHA sells insurance to protect against defaults and doesn't issue mortgages.

Move and NAR are asking O'Donnell to issue a default judgment against Zillow or instruct the jury to infer that the evidence that was destroyed was incriminating.

When the loan went into default, the plaintiffs, as mortgagees, issued a Power of Sale against property B.