Sentences with phrase «amount of outstanding»

For example, assume that a mortgage loan amount is $ 250,000, the estimated amount of all outstanding mortgage loans secured by the real property total $ 200,000, and the total estimated closing costs disclosed under § 1026.37 (g)(6) are $ 10,000; the amount disclosed under § 1026.37 (h)(1)(ii) is − $ 10,000, since the result of the difference between the mortgage loan amount and the estimated amount of all outstanding mortgage loans secured by the real property is positive $ 50,000, but since there are only $ 10,000 in closing costs, the amount disclosed is limited to − $ 10,000.

Under an obscure statutory change buried in a federal highway bill that passed Congress in the summer of 2015, your lender must now disclose more information to the IRS about your loan, including the amount of the outstanding principal balance at the beginning of the year, the origination date of your mortgage and the address of the home securing the loan.

The company's board of directors has recently authorized a debt repurchase program under which Inland Real Estate Corp. may from time to time repurchase up to $ 30.0 million in principal amount of its outstanding 4.625 % convertible senior notes due 2026.

Short sales (where the sales price was below the estimated amount of all outstanding loans for a given property) of properties not in foreclosure increased 15 percent from the previous quarter and were up 17 percent from the third quarter of 2011.

On average, these non-foreclosure short sales had a final sales price that was $ 82,312 below the combined amount of outstanding loans for the property being sold.

The debt must be secured by a principal residence and the total amount of the outstanding obligation may not exceed the original mortgage amount plus the cost of any improvements.

Buyers should review this packet closely looking at the total amount of outstanding debt owed to the association and the percentage of owners who are not paying their dues, as well as the amount of reserve funds the association has set aside for large repair projects such as roof replacement.

Block 37, the star - crossed shopping center in the Loop, was sold at a sheriff's auction Wednesday to Bank of America for $ 100 million, less than half the amount of an outstanding construction loan that sent the property on a path to foreclosure more than a year ago.

Should this happen, the City acquires the property for the amount of outstanding taxes.

In a short sale, the bank allows the property to be sold for less than the amount of the outstanding mortgage.

The overall size of the mezzanine market — the dollar amount of outstanding loans — is estimated to be between $ 65 and $ 135 billion, according to Doug Vikser, a managing director at Parsippany, N.J. - based Prudential Financial.

McBride points to the increasing number of seniors who are unable to retire and the overwhelming amount of outstanding student debt as a reminder that consumers must save for long - term goals.

According to recent estimates by The Economist, the amount of outstanding student loans will soon reach $ 1 trillion.

Collect demographic data, verify insurance coverage, amount of outstanding deductible, and collect fees as appropriate

if you borrow against it and die while the loan is outstanding, the death benefit is reduced by the amount of the outstanding loan

This means that if you borrow against it and die while the loan is outstanding, the death benefit is reduced by the amount of the outstanding loan.

The collateral for your policy loan is the death benefit, which means that if you should die before repaying the loan the death benefit will be reduced by the amount of the outstanding loan.

Decreasing Term Life Insurance — provides a death benefit that decreases each year with the amount of your outstanding mortgage.

The creditor can be the beneficiary for the amount of the outstanding loan, with the face value decreasing in proportion to the decline in the outstanding loan amount.

Purchase a term life insurance policy for at least the amount of your outstanding home mortgage loan.

Loans do not necessarily need to be paid back, but they do accumulate interest at a low rate, and the death benefit will typically be reduced by the amount of the outstanding loan.

Owners can take money out as a loan, but they need to be aware that interest is charged while the money is outstanding and the death benefit is reduced by the amount of the outstanding loan.

The main advantage of a collateral assignment is the lender (DEF) only receives proceeds equal to the amount of the outstanding loan balance.

If the insured dies, death benefit is reduced by the amount of any outstanding loan balance.

1 The insurer pays the amount of the outstanding credit balance to The Toronto - Dominion Bank subject to maximum coverage limits as outlined in the Certificate of Insurance.

Keep in mind that loans against the policy will accrue interest and decrease both death benefit and cash value by the amount of the outstanding loan and interest.

2 The insurer will pay the amount of the outstanding credit balance to The Toronto - Dominion Bank subject to maximum coverage limits as outlined in the Certificate of Insurance.

Loans against the policy accrue interest and decrease the death benefit and cash value by the amount of the outstanding loan and interest.

As with whole life insurance, you may be able to take loans against the cash value of a universal life policy, however the death benefit and cash value will be reduced by the amount of any outstanding loans and interest upon your death.

The situation becomes all the more difficult when the deceased happens to be the sole breadwinner for the family, there is a huge amount of outstanding debt, or when the house mortgage needs to be paid off.

4 Loans accrue interest and decrease the death benefit and cash value by the amount of the outstanding loan and interest.

That's why it is so important to have mortgage life insurance protection on your home, at the right amount of coverage — which would be the amount of your outstanding mortgage loan — how much you owe on the mortgage today.

As for the second part of the clause, the sole function of the words «to the extent of the amount of the outstanding loan (together with accrued interest payable thereon to the Funder by the Assured) due at the date of avoidance, repudiation or denial aforesaid» was to define the extent of indemnity by reference to the terms contained in the loan agreement accepted by the bank, whether or not that agreement was enforceable by the bank against the borrower.

The report said there had been little change in how the MoJ monitors and collects assets due under confiscation orders, and the amount of outstanding debt had increased by almost # 400m in 2010 — 11.

Determine the amount of the outstanding debt secured by your home.

Here is why: A Non-Direct Recognition company will allow credit your cash value REGARDLESS of the amount of outstanding loans you have.

In the spring, as credit tightened, the amount of outstanding home equity loans fell and credit card debt rose.

Borrowers can obtain a plethora of information regarding their Stafford and / or Perkins student loans such as the amount of their outstanding balance, any disbursements, and the overall status of their loan.

The total amount of outstanding transfer requests can not total more than your available line of credit.

Interest is charged only on the amount of the outstanding balance.

Adams explains that different computer models for coming up with credit scores look at factors such as whether you pay on time, how many accounts you have, the amount of your outstanding balances and the length of time you've had credit.

SIFMA's model is based on the Constant Prepayment Rate (CPR), which annualizes the Single Monthly Mortality (SMM), or the amount of outstanding principal that is prepaid in a month.

It describes your past use of credit, such as being on time in paying back debt, types of credit accounts opened, number of loans applied for, and the amount of outstanding balances.

Furthermore, the total amount of outstanding private student loan debt in the U.S. is over $ 165 billion.

For example, a bank might lower your credit limit on a card to the amount of the outstanding balance.

What this means to the card issuer is the entire amount of the outstanding debt, plus interest and fees, goes onto their books as an uncollectable debt.

Part of your credit score is based on the amount of outstanding credit card debt you have.

At the maturity of a fixed income investment such as a bond, the borrower is required to repay the full amount of the outstanding principal plus any applicable interest to the lender.

Sell Target When I initially took a position I assumed that the company would put itself in order financially (cut losses) and buy in a significant amount of the outstanding shares within a couple of years, and the share price would rise to around book value.

As of mid-2006, the total amount of outstanding mortgages was worth roughly $ 660 billion, with about $ 80 billion of that representing new mortgages and the rest representing existing mortgages.