Sentences with phrase «as big a mortgage»

They have taken on as big a mortgage as their financial institution will allow in order to buy the best house they can for their kids.

Not exact matches

The hedge fund famously profited during the financial crisis by investing in risky mortgage securities known as collateralized debt obligations (CDOs) while also shorting them, a maneuver highlighted in Michael Lewis's book «The Big Short.»

The biggest provider of mortgages for the past 50 years, Fannie Mae, had as their slogan, «We make the American Dream come true.»

Canada's big banks have binged on mortgages as much as anyone, but they aren't one - trick ponies.

«So when AI starts to make decisions such as who gets a mortgage, that's a big one.

Increased competition from unconventional competitors such as PC Financial and ING, along with waning growth prospects in traditional revenue steams like mortgages, has Canada's biggest banks desperately trying to find new ways to connect with customers.

Rather, the current inequity in mortgage premiums should be seen as evidence of how Ottawa has retarded competition in the mortgage insurance business by allowing itself to be the biggest player.

However, analysts say the impact of stricter rules surrounding uninsured mortgages as of Jan. 1 and tumultuous NAFTA negotiations will weigh on the Big Five banks.

«Mortgage insurance allows Canadians across the country, in rural areas and big cities, to have the same opportunities to access home ownership and at the same interest rates as people who can afford to put down a 25 % down payment,» says Pierre Serré, chief financial officer of CMHC.

What began as an attempt by community bankers to get a free pass from the qualified - mortgage rules imposed by the Dodd - Frank Act has expanded to include the biggest banks.

Fisher made its big withdrawal from the U.S. Deutsche Bank FI Enhanced Global High Yield ETN on Oct. 5 as Deutsche «faced a big penalty for allegedly misselling mortgage - backed securities in the U.S.,» the Journal says.

Low mortgage rates have not been much help in offsetting these big price gains, and in fact may be exacerbating the problem, especially if rates begin to rise as is widely expected.

Gross kept mortgage securities as his biggest holding at 53 % of assets, according to the report posted Wednesday on the PIMCO website.

The acquisition initially made Bank of America the biggest home lender, but it has been shedding market share as it wrestles with delinquent loans and lawsuits related to mortgage - backed securities.

As a rare CEO of a big bank who avoided the worst of the mortgage crisis, Mr. Dimon carries an influential voice, and one that many politicians would rather not hear.

Mortgages are one of the biggest and most complex financial products you'll deal with as a consumer, and many borrowers find it important to have an option for in - person service at their local bank or lender.

Mortgage Lender, Residential — Working on the loan side will give you huge insight into the math that makes investing work — as well as significant contacts to the big players in your area.

One of the things that many married couples don't realize is that when it comes time to get a major loan such as a home mortgage, they could face a big problem if one person has a low credit score.

Increases in the big bank prime rates push up the cost of variable - rate mortgages and other loans such as home equity lines of credit that are tied to the benchmark rate.

Seemingly small differences in interest rates can actually make a big difference in the long run, as mortgages involve big balances and long payment periods.

The biggest challenge here is that exchange rate volatility currently makes bitcoin a poor store of value, at least if your time horizon is measured in months, weeks, or even days, as it is for people who get paid daily or (bi) weekly and pay their rent or mortgage monthly.

When you talk about a loan as big as a mortgage, even 1 or 2 percentage points on your interest rate makes a significant difference.

If the debt is deductible, as in mortgage interest, taxes are a big part of the investing before paying off debt question.

The unit, the chief investment office (CIO), has been the biggest buyer of European mortgage - backed bonds and other complex debt securities such as collateralized loan obligations in all markets for more than three years... The unit made a deliberate move out of safer assets such as US Treasuries in 2009 in an effort to increase returns and diversify investments.»

Big lending and mortgage servicers such as WFC are desperate to buy collateral from third party originators, both to prop up agency securitization volumes and also to forestall eventual shrinkage in the servicing foot print.

Combined, the percentage of auto, credit card and student loan delinquencies and rate of default is as big or bigger than the subprime mortgage problem that led to the «Big Short.&raqbig or bigger than the subprime mortgage problem that led to the «Big Short.&raqBig Short.»

There's been no secret that Genworth, American International Group (NYSE: AIG), Radian Group (NYSE: RDN), and other private mortgage insurers have been raking in the big bucks as the US housing market went into high gear during 2013.

But due to AMT and mortgage interest deduction phaseouts, this couple isn't getting as big of a deduction as you might think, especially now that SALT deduction is capped at $ 10,000.

Those are three of the biggest California mortgage news stories you should know about, as we head into 2018.

Remember, I took a big risk in 2014 by taking out another $ 1,000,000 mortgage to buy another property while keeping my previous home as a rental with a $ 1,000,000 mortgage for three years.

National Australia Bank and ANZ are leading the major banks in the race to grab a bigger slice of the mortgage market, as home and business lending continue to strengthen.

It carries the same cachet as the big houses, without the second mortgage.

The older guys on here may well relate to the fact that after years of paying off their mortgages, there comes a point when they can / could afford bigger, better holidays etc, as the demands of repayments reduced.

The chancellor deployed big announcements about extended mortgage guarantees, a cut in beer duty and a new employment allowance helping small businesses as he underlined his message of an «aspiration nation».

As attorney general from 1999 to 2006, he earned the moniker the «Sheriff of Wall Street» for going after dubious practices at mortgage lenders and big banks.

Meanwhile, Bear Sterns, the second - biggest underwriter of mortgage bonds, lost more than $ 1.3 billion in market value yesterday as investors worried about the firm's liquidity.

Its star and co-producer Margot Robbie strangely excels at direct address to the camera — as in The Big Short, when Robbie took a bubble - bath to better concentrate the minds of viewers while she explained the concept of the subprime mortgages.»

Things get more tangled as the movie goes on: Based on Michael Lewis» rightly acclaimed book, about the traders who foresaw a collapse in mortgages that would lead to a bank crisis and a nationwide financial panic in 2008, the big - screen version is a film without an audience.

And, no, this «go big or go home» attitude to rates has not been extended to guaranteed investment certificates, which are one source the banks use for the money they lend out as mortgages.

Buying a home in red - hot markets such as Toronto or Vancouver involves taking on big mortgages, and those are easier to afford while interest rates stay low.

However, you may find that big banks won't provide as much customized care when it comes to helping you manage the mortgage.

As debts pile up however, this creates a big problem, a debt cycle of using new debt to keep up with mortgage payments, car loans, student debt and ultimately living expenses.

Banks are the biggest lenders of first mortgages, but mortgage brokers gained popularity as an alternative for those who were turned down by banks.

The resulting rates showed that as a smaller direct lender, Carrington quoted a higher initial rate on the typical 30 - year fixed rate mortgage than any of the big banks.

The difference between a good and a poor credit score can literally be many thousands of dollars, especially if the loans in consideration are for big ticket items such as mortgages or car loans.

DiTech's biggest disadvantage as a mortgage provider is its weak performance in customer satisfaction.

A home is a big ticket item, and many homebuyers increase their borrowing power by applying for a mortgage with a co-debtor such as a spouse or family member.

Our current mortgage provider is offering the same rate as the big bank.

«The vast majority of mortgage lenders, from the big banks to the non-bank lenders, such as Street Capital, MCAP and First National, are letting people defer mortgage payments or allowing homeowners to re-amortize their payments,» explains Robert McLister, an independent mortgage broker and founder of RateSpy.com.

Now if your parents are listed on the mortgage or somehow have a lien on the house, you have a bigger issue as they technically own (or at least have an interest in) part of the property and when you decide to sell the house you would have to involve them.