Mortgage Loan Insurance is an insurance cover provided to a lender
against default on mortgage installments, when the down payment amount is less than 25 %.
This insurance is required by law to insure lenders
against default on mortgages with a High Ratio.
Credit derivatives can be viewed against insurance policies
against a default on a loan or a bond.
So, it protects
them against default on the mortgage.
Mortgage lenders want protection
against a default on the loan.
Mortgage Insurance Premium Monthly payments made by a mortgage borrower to the Federal Housing Administration (FHA), or to a private lender for transmittal to the FHA, to protect
against default on mortgage payments.
Free surplus is the surplus not needed to provide a risk buffer
against default on the reserve assets.
Auto loans are secured loans, meaning the value of your car acts as security
against you defaulting on the loan (i.e., if you can't pay them back, they take your car to recoup the loss), offsetting some of the risk.
The lender will hold the asset as collateral
against you defaulting on the loan.
MGIC insures mortgage lenders
against defaults on conventional mortgage loans made for greater than 80 % loan - to - value (LTV).
Secured credit cards require cardholders to put down a deposit as security
against defaulting on their credit card bill.
Not exact matches
The latest data
on derivatives trading
against the
default of world governments.
While the announcement to automatically eliminate tracking cookies in the new browser was celebrated by privacy advocates, it has been slammed by the FTC and the online ad community since it goes
against Microsoft's previous agreement to a
default browser setting that would require consumers to opt - out of tracking (much like what's available
on Google Chrome).
News outlets report
on pan-European protests
against Uber with an enthusiasm not seen since the Greek
default.
(Bloomberg)-- An investment fund that's seeking a payout from the Cuban government
on more than $ 1.3 billion in
defaulted debt and back interest has hired the lawyer who won a settlement for hedge funds in a long - running legal battle
against Argentina.
Mortgage insurance refers to any insurance policy that protects lenders
against the risk of a borrower
defaulting on a mortgage loan.
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.
Hovnanian skipped an interest payment due Tuesday
on bonds it repurchased and parked with an affiliate, opening the door for GSO to collect payouts
on credit -
default swaps that insure
against nonpayment.
This gave banks a guarantee
against a portion of debt should the entrepreneur
default on their loan.
Eliminating Puerto Rico's debts could raise interest rates
on bonds to insulate
against potential
defaults, and subsequent debt elimination,
on municipal bonds.
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.
Russian bond yields and the cost of insuring the country
against default rose
on Wednesday, as investors fretted over intensifying sanctions, the prospect of a recession and falling oil prices.
It seems unlikely that Hellas will manage to repay its summer debt obligations without the agreement of its creditors or a significant drag
on its real economy (in the form of
default on obligations
against its suppliers and employees).
Private mortgage insurance (PMI): Insurance
against default issued by a private company
on conventional mortgage loans.
The cost of insurance
against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other
on the interbank market «portending an imminent collapse of the financial system.
(For example, a Catholic diocese that has many employees, should not have to pay for stuff that is clearly
against Catholic teachings... since, by
default, everyone who works there is essentially required to be adhering to Catholic religious «rules»...)(*)(
On the other hand — This really does give rise to some serious «slippery slope» possibilities... but I digress...)
I
default to «BAP»
on the constrained set of OL, CB, LB, ED, and DI with a bias
against DI.
If the US
defaults on its debt, the world crisis will be inevitable, so all other currencies will quickly fall
against dollar.
But instead of suing the real estate company that owns the property (which
defaulted on its $ 35 million mortgage last year), the group is filing
against the bank that owns the building's mortgage.
Venditto also contends the town used those statements to defend
against civil litigation after Singh
defaulted on loans.
While there are myriad factors (and as many antidotes) for flagging desire, it's worth checking in
on whether we're genuinely dissatisfied or bummed by
default,
against a cultural bullseye: the Samantha Jones effect.
With nothing to react
against and few new ideas to air, P.O.D. mostly operates in
default mode, relying
on hitmaker - for - hire Glen Ballard to inject the music with new life.
Albert takes Joey
on as his horse and friend, training him to be able to save his father from
defaulting on his mortgage to their landlord... but
against all odds the stallion does it.
Washington — The percentage of students
defaulting on their federally guaranteed college loans decreased slightly in fiscal 1988, according to new figures, but federal officials were hesitant to claim progress in the costly battle
against defaults.
By the same token, you can not
default on the bond, as that would not be fair to bondholders, many of whom buy school bonds as a hedge
against inflation and for their retirement.
In February, a
default judgment was entered
against Tate when its owners did a no - show in court
on behalf of Lightning Source.
In theory, a
default on a payday loan could prompt a lender to file a civil claim
against the borrower.
• VA Funding Fee — A fee paid by a buyer or seller to insure the lender
against loss through
default on a VA loan.
If you
default on the loan, the lender can file a lawsuit
against the guarantor for the debt.
It protects lenders like Jersey Mortgage Company
against losses if a loan is
defaulted on, while giving more people access to home ownership.
In this type of foreclosure, when you
default on a mortgage loan, the lender files a lawsuit
against you.
When the loan
against a home is greater than 80 % of the home's resale value, the lender is very likely to lose money in the event the borrower
defaults on the mortgage.
If you
default on private student loan debt, your lender has that ability to take action
against you for breach of contract.
They bet
on a collapse in the mortgage market by buying what are called credit
default swaps (CDS), a form of insurance
against bad loans.
If you fall into «
default» because you are not making scheduled payments, this appears as a negative item
on your credit report and also means that the government will have to take action
against you to get the money back.
Second, had AIG collapsed, the systemic implications
on other market participants might have made it difficult for Goldman Sachs to collect
on the credit protection it had purchased
against an AIG
default, although Goldman Sachs stated that it had received collateral from its counterparties in those transactions.
Lenders report to credit bureaus to protect other lenders
against people who often
default on loans.
Finally, if AIG had
defaulted, Goldman Sachs would have been forced to bear the risk of further declines in the market value of the approximately $ 4.3 billion in CDOs that it transferred to the Maiden Lane III portfolio as well as approximately $ 5.5 billion for its credit
default swaps that were not part of the Maiden Lane III portfolio; Maiden Lane III removed any risk for the $ 4.3 billion within that portfolio, and continued Government backing of AIG provided Goldman Sachs with ongoing protection
against an AIG
default on the remaining $ 5.5 billion.
When you
default on payments, the credit card issuer isn't allowed to go after the authorized user for payment because the user is just someone who has permission to make purchases
against your account.
Private mortgage insurance (PMI)-- Protects the lender
against a loss if a borrower
defaults on the loan.