And, considering recent developments, that may include some possible respite on interest rates,
assumed bank debt etc..
Not exact matches
In a stressed Spanish situation, where they are flirting with EMU departure and
bank nationalization, I would surely
assume FROB
debts would be seen as much more vulnerable than Kingdom of Spain
debts.
Wages and prices are
assumed to fall proportionally, enabling shrinking economies to «earn their way out of
debt» by squeezing out a trade surplus to earn the euros to carry the enormous mortgage
debts that fueled the post-2002 property bubble, and the new central
bank debt taken on to support the exchange rate.
Assuming that the total amount of bad
debt in the
banking system exceeds total
bank capital — something which is almost certainly true — the conversion of
debt which can not be serviced into an equity position that is unlikely to generate much more (and in an economic downturn, which is when we are most concerned about the
debt burden, we can
assume that the decline in value of these equity positions will be highly correlated) leaves the net indebtedness of the
banking system unchanged, and so the contingent liabilities of the government are unchanged even as reported
debt in the system declines.
When «hard money» policy makers limited central
bank power, they
assumed that public
debts would be risk - free.
These institutions, as well as certain regulated
banks, had also
assumed significant
debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses.
[196] Unsecured senior
debt obligations of the
bank were not
assumed by the FDIC, leaving holders of those obligations with little meaningful source of recovery.
So, what's your thought process then on advising someone who has
debt now and — I mean let's
assume they've got a mortgage but they've also got some other less good
debt, credit cards,
bank loans, whatever.
All assets but only some liabilities (including deposits, covered bonds, and other secured
debt) of Washington Mutual
Bank were
assumed by JPMorgan Chase.
The mortgage lender will do a final check of your credit report or
bank accounts to make sure you're not
assuming more
debt or spending your cash reserves.
It's safe to
assume that
banks make more money from charging a spread on the money they lend out versus holding low - yielding government
debt.
Do you
assume that the
banks will roll over the
debt, or do you think there is a chance of a forced liquidation by the
banks?
The UK Government's Report sought to highlight numerous difficulties an independent Scotland would encounter, reiterating that Scotland would no longer enjoy the services of the
Bank of England nor those of the security and intelligence agencies; it would have to rebuild numerous public organizations, establish border controls and
assume an equitable share in the UK's national
debt and liabilities.
We are finding that Florida borrowers are shocked to learn that while they
assumed that their approval letter for the short sale, or the deed - in - lieu - of - foreclosure deal, ended everything and that the
bank had written off the mortgage balance, that all that really happened was that there was a release of the mortgage against the property, and there has been no legal release of the borrower from the
debt.
On March 13, the company agreed to be acquired by a consortium of Macquarie, Kaupthing
Bank hf and several independent equity participants for $ 3.5 billion, including $ 1.9 billion in
assumed debt.