We can control for some of these differences
between loan characteristics (such as loan size, loan - to - valuation ratio (LVR) and documentation type).
Not exact matches
«Our concern is that we have seen
loans with these
characteristics have anywhere
between 30 - 50 % higher probability of default,» MGIC spokesman Mike Zimmerman said in an email to ValuePenguin.
Covenants were a clumsy replacement for simple communication
between a borrower and its bank, but they were necessary, especially since the new, syndicated
loans had another key
characteristic: they were tradable.