Sentences with phrase «bank agrees to it»

Another pattern that seems to be emerging across the country involves Florida banks like Wells Fargo entering into loan modification agreements where the borrower / home owner agrees to pay a lower mortgage payment for a set time period and, if the borrower makes all of those temporary payments, then the bank agrees to modify the mortgage home loan permanently instead of foreclosing on the property.

Hedge funds and private equity firms seek out foreclosed properties at public auctions, or purchase them through short sales, where a bank agrees to let an underwater buyer sell the home for less than the balance of his or her mortgage.

There could also be some tax ramifications so be sure to check with a tax specialist.With a short sale, the bank agrees to accept less than the balance owed and MAY forgive any deficiency — also, you keep ownership of the property.

In return, the bank agrees to pay you interest.

In a swap agreement, a counterparty such as an investment bank agrees to pay the difference between the value of the ETF's assets and the value of the assets or index it is designed to track.

It can also have negative balance (if your bank agrees to let you overdraft, they usually charge huge fees for that though).

Also known as a compromise sale, in this circumstance the bank agrees to take a loss on the loan in allowing the seller to sell for less than they owe.

Remember, you are getting divorced from your spouse, but not from the bank, so once you co-sign a joint debt you are responsible for the entire debt, unless the debt is paid or the bank agrees to release you from that debt.

However, this is only if the financial institution or bank agrees to this - they are not obliged to by law, or is necessary to do so as part of their own policy owner.

Typically, you promise not to withdraw your money for a certain amount of time; the bank agrees to pay you a specific, typically fixed, interest rate for that period.

In return, National Bank agrees to pay Horizons an amount equal to the total return of the fund's index — that means any price change, plus interest payments — minus a 0.15 % fee.

A loan modification or revised payment plan is a form of loss mitigation that occurs when the bank agrees to modify the terms of its loan by adjusting the repayment terms in an attempt to accommodate the borrower's ability to make payments.

Investing in a CD is a lot like making a deposit into a savings account: The bank agrees to pay you a certain amount of interest on your deposit, and in exchange you are unable to touch (or withdraw) the money for a certain period of time (often three, six, 12, or 18 months or more).

One example where counterparty risk is relevant is in Synthetic ETFs since the ETF provider enters into a swap agreement with a counterparty (usually an investment bank) such that the investment bank agrees to pay the performance of an index against a basket of investments which the ETF provider holds.

Corrections can take months to show up, so it is important to set calendar reminders and check on your report on occasion to verify that changes were made if the bank agrees to make the changes.

The clock begins ticking on the date of first delinquency, and not when they start a program or when the bank agrees to forgive a portion of the balance owed.

Bur even if Europe's central bank agrees to send more cash, the Greek banking system is a financial mess.

In such contracts the central bank agrees to deliver dollars at a specified future date, at an exchange rate that differs little from the current one.

But, here's the magic: If the bank agrees to finance $ 5 million of your raise, then you only need to raise $ 10 million.

NEI withdrew its resolutions after the banks agreed to commission an independent study on the issue, the results of which were published in December.

In January, the central bank agreed to an inflation target of 2 percent.

Weeks later, however, the bank agreed to a $ 200 million fine and to adopt new controls to prevent a repeat of the problems.

The Wells Fargo case came to light late last week when the bank agreed to pay a $ 185 million fine for what regulators called «widespread illegal» sales practices.

Last week the bank agreed to pay a $ 1 billion fine to the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency.

Goldman Sachs and Buffett said that the bank agreed to give him an amount of stock equivalent to his average paper profit in the 10 trading days before the warrants expire on Oct. 1.

Last year, for example, Deutsche Bank agreed to reimburse Assured Guaranty, a bond insurer, for 80 percent of losses on eight residential mortgage securities it had insured.

[109] Final Judgment was issued on May 13, 1998, with Citibank Federal Savings Bank agreeing to pay attorney fees.

In July 2012, Visa, MasterCard and several major banks agreed to pay U.S. retailers a record $ 7.25 billion in penalties to settle a long - lasted lawsuit alleging the card giants conspired to fix so - called «swipe fees» paid by shops and supermarkets.

BTA Bank agreed to an $ 11.2 billion debt restructuring in October 2012.

In addition, bank agreed to replace four board members.

Lord Oakeshott, the Liberal Democrat spokesman at the Treasury, said: «It is vital to the coalition agreement that all the banks agree to a target for net lending to SMEs this year as providing credit to these companies is critical for economic recovery.

The banks agree to a settlement at the end of the multi-year process.

This means you and your bank agree to a payment scheme.

The second debt validation letter / example is from Credit One Bank agreeing to stop collection on the alleged debt and remove the derogatory marks from all three credit reports.

You can argue that they were foolish, and that you are following the letter of your contract, but you should not argue that the bank agreed to this any more than a medical patient agrees to dying on the operating table.

Since this was the first time that Malcolm had overdrawn his account, his bank agreed to waive the fee.

Banks making refunds for add - on products — Fifth Third bank agreed to refund some $ 3 million to about 24,500 customers for debt protection coverage that regulators say was marketed falsely... (See Add - on marketing refunds)

As part of the agreement, 10 million consumers got refunds and the banks agreed to disclose the fees.

Earlier, the Korean Export - Import Bank agreed to extend some $ 71.61 million for the Puerto Princesa airport development project through an agreement with the national government signed last week.

In June 2009 the FCA gave a commitment decision in which the banks agreed to lower the fees charged from consumers for using other than OTTO ATM's.

Sullivan & Cromwell has acted as counsel for BNP Paribas as the bank agreed to pay a record $ 9bn (# 5.1 bn) settlement for breaching US trade sanctions.

During the second quarter, the number of homes nearing foreclosure accounted for 12 percent of total home sales, with banks agreeing to more transactions at prices below the outstanding mortgage balance, RealtyTrac reported in releasing its second quarter data this week.

In the deal, which would raise Deutsche Bank's assets under management to $ 36 billion, Deutsche Bank agreed to pay a total of $ 490 million to Haslemere NV, Rodamco Europe NV, Rodamco North America and Brobeco Groep NV.

Well, it looks like we may actually be able to move into our new place this weekend - yahoo! The bank agreed to fix the water and electrical issues that popped up in our inspection, and they * should * all be taken care of in the next few days, so our closing is still set for Friday morning.

Not exact matches

NEW YORK — Goldman Sachs agreed Tuesday to pay a combined $ 109.5 million in fines to federal and New York state authorities to settle charges that the investment bank's currency traders unlawfully shared customers» order information with other banks in order to take advantage of the market.

• AccessOne, which is backed by Capital One Bank and Frontier Capital, agreed to acquire HealthFirst Financial, an Oregon, Ohio - based provider of patient financing programs for healthcare organizations.

Over the summer, Gordon and Stanford separately devoted columns to the most under - reported Canadian business story of 2016: within a few months, Finance Minister Bill Morneau and Bank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yeBank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yebank will follow for the next five years.

The G20 agreed that it was time for the fiscal authorities to take the baton from the central banks.

In 2010, in the wake of the financial crisis, the Fed and its global counterparts signed the so - called «Basel III» accords, under which all countries agreed to raise the minimum level of capital banks must hold to 8 % of their risk - adjusted assets.

The candidates agreed that banks shouldn't be allowed to engage in «recklessness» that exposed the public to high risk of economic contagion and a taxpayer - funded bailout.