Not exact matches
Another factor fueling earnings growth is a dramatic reduction in the reserves banks have set
aside for future
loan losses, as fewer U.S. borrowers default.
So
for every dollar that each lender sets
aside for losses that's $ 10 that now can not be
loaned out.
It will also provide
for any greater amount owed on the vehicle at the time of
loss,
aside from any unpaid finance charges, excessive mileage, or any other charges or expenses associated with the
loan or lease.
«Despite Fisker's difficulties, our overall
loan portfolio of more than 30 projects continues to perform very well, and more than 90 percent of the $ 10 billion
loan loss reserve that Congress set
aside for these programs remains intact.»
To offset potential
losses from failed construction
loans, regulated institutions are now required to set
aside increased capital
for High Volatility Commercial Real Estate (HVCRE)
loans — those made to finance the acquisition, development or construction of real estate.