Sentences with phrase «debt buyer such»

Answer: If the account has been sold to a junk debt buyer such as Portfolio it is not likely the original creditor will pull back the account.

Not exact matches

Together, these requirements create a triple whammy for some first - time homebuyers who often have smaller down payments, higher debt obligations — such as student loans — and traditionally lower credit scores than more seasoned buyers.

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.»

Other significant buyers of U.S. Treasury debt, such as pensions and insurance companies, may continue to reallocate to fixed - income holdings to better align their assets with their liabilities.

Lenders online can provide loans such as, home equity lines of credit, second mortgages, third mortgages, refinance loans, first time home buyer loans, sub prime loans for people with less than perfect credit or bad credit, debt consolidation loans, no money down home financing and more.

If they are unable to collect any delinquent amount you may have with them through such actions, they may also sell their debt to a third party debt buyer or engage a collection agency, who may also engage in collection activity with you.

To help get the best qualified buyers, Home Partners of America allows up to 45 percent of a renter's income to go toward rent, minus their revolving debt such as car payments and credit card bills, Brown says.

Considering the low likelihood that such bad debt will ever be repaid, debt buyers make their money by taking over these obligations for a fraction of their face value and aggressively going after consumers for payment using letters, calls and lawsuits.

The buyers of that debt are primarily large institutional investors such as pension funds, insurance companies, banks, corporations, and, increasingly, mutual funds.

The seller agrees to make compensating specific payments to the buyer if a negative credit event occurs, such as the bankruptcy or default by the issuer of the underlying debt instrument.

The first is an individual that has just been served with a debt collection lawsuit by a third party debt - buyer such as Asset Acceptance, Unifund CCR Partners, or LVNV Funding and needs help defending themselves.

She represents parties such as banks and financial institutions, debt buyers, asset buyers, landlords, and trade creditors in various proceedings, including bankruptcy cases, foreclosures, workouts, and receiverships.

«A combination of factors such as rising rents and home prices, limited supply, repaying student debt, and getting married and having children later in life has more to do with the currently underperforming share of first - time buyers than the idea that buying a home is not as desirable as it used to be,» adds Yun.

The panel participants agreed that in addition to affordability concerns, inventory shortages and lifestyle factors such as marrying later in life and having to repay student loan debt are burdening a segment of creditworthy buyers by making it more difficult to save for a down payment.

If you're a first time rookie home buyer, applying for a mortgage and getting yourself into such a large debt, this home purchase might scare the heck out of you.

Buyers should review this packet closely looking at the total amount of outstanding debt owed to the association and the percentage of owners who are not paying their dues, as well as the amount of reserve funds the association has set aside for large repair projects such as roof replacement.