Sentences with phrase «defaults on its payment obligations»

While covered bonds are secured by a pool of assets, there is no guarantee that the cover pool will adequately or fully compensate investors in the event that an issuer defaults on its payment obligations.

Won summary judgment in favor of national real estate developer awarding it the right to develop and sell units in a development project despite the fact that the developer defaulted on its payment obligations and the seller had foreclosed on its mortgage on the property.

Signing Requirements of Lenders at Origination: There are two documents of concern to a mortgage lender: the note, which defines the borrower's payment obligations; and either a mortgage or deed of trust, depending on state law, which gives the lender the right to acquire the property through a foreclosure process if the borrower defaults on the payment obligation.

Not exact matches

Default Risk is when companies or individuals will be unable to make the required payments on their debt obligations.

Credit or default risk is the risk that interest and principal payments due on the obligation will not be made as required.

Mortgage insurance is an insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies or is otherwise unable to meet the contractual obligations of the mortgage.

Making any payment at least shows the willingness to pay back the loan, and you're not intentionally defaulting on your obligation.

Default risk is the chance that companies or individuals will be unable to make the required payments on their debt obligations.

If you make regular payments with no default they will charge you less than others who have defaulted on their loan obligations.

Default risk is the chance that a company or person won't be able to make payments on their debt obligations.

Non-performing loans are typically characterized by borrowers who have defaulted on their obligations and / or have payment delinquencies of 60 days or more at the time we acquire the loan.

DEFAULT - failure to meet legal obligations in a contract, specifically, failure to make the monthly payments on a mortgage.

Default: Failure to meet financial obligations or make payments, which may result in the lender foreclosing on the manufactured home loan.

If you are required to pay legal obligations such as back tax bills or child support, you can get into serious trouble for defaulting on even one payment.

Minimum Payment: This is the smallest amount of money a creditor is willing to accept on a debt to avoid default on the obligation

Default risk is measured by the likelihood an individual or company will not make contractual payments on a debt obligation.

Must not have any outstanding obligations in default or be in back payment on child support payments

When an insured defaults on his / her obligation to remit payment of a premium, and the policy lapses as a result, the policy may acquire a paid up value such that the face amount of coverage under the policy is reduced in proportion with the number and amount of premiums paid until the date of default.

Factors that can prevent someone from meeting the traditional criteria could be a high debt - to - income ratio, low reserves at settlement, as well as past credit woes — bankruptcies, defaults, foreclosures, or chronic late payments on debt obligations.