Sentences with phrase «financial reserves for»

Conventional mortgages are a great option for borrowers with good credit and financial reserves for a down payment of 5 percent or more.

Instead, look at your financial reserves for the next 90 days.

Not exact matches

NEW YORK, April 12 (Reuters)- Global energy giants Chevron Corp and Exxon Mobil have asked U.S. regulators for exemptions to the nation's biofuels policy that have historically been reserved for small companies in financial distress, according to sources familiar with the matter.

The insurance company made the change after discovering it had miscalculated reserves for a Japan - based annuity product, a mistake in termed a «material weakness» in financial reporting controls.

Of note is a $ 3 - billion reserve fund set aside for covering such shortfalls.Then there is the option that governments all over the world rely on: using flexibility in accounting rules to buff up the financial picture.

At inbound marketing product firm HubSpot, for example, the company designated every employee an «insider» — a privilege usually reserved for directors, officers, and significant shareholders — in order to give them all access to the publicly traded company's detailed financial information.

The central bank announced that it will charge an interest rate of -0.1 % for excess reserves parked at the bank by financial institutions.

Viewed through this lens, it becomes apparent that the dramatic rise in the level of official reserves in much of the emerging world is not simply the consequence of a desire for a greater financial cushion against external vulnerability.

Federal Funds Purchased / Securities Sold Under Repurchase Agreement represents funds acquired from a financial institution for a limited period of time to cover reserve requirements.

Inside China, the foreign exchange reserves have been seen as a financial cushion for times of trouble.

Michael Hudson: Russia let the ruble float because the alternative would have been for foreign speculators to gang up Soros - style and loot Russia's central bank reserves in a financial poker game.

Federal Funds Sold / Securities Purchased Under Resale Agreement represents funds provided to a financial institution for a limited period of time to cover reserve requirements.

The financial sector rose nearly 1 per cent, after the People's Bank of China said late on Tuesday it would slash reserve requirement ratios (RRRs) for most banks by 100 basis points (bps), a move analysts say will reduce financing costs for lenders.

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

Economic polarization between creditors and debtors is aggravated by tax cuts for the wealthy and a reclassification of financial and real estate returns as capital gains or various forms of untaxed «reserve» funds.

Although it's true that financial repression has traditionally been practiced using the stick of high mandatory reserve requirements, whereas the Fed has instead been employing carrots in the shape of ON - RRP and IOER interest incentives, the ultimate result — more credit for the government, and less for everyone else — is the same.

For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.

In late - 2012, the agency's reserves went negative, the result of a higher - than - expected number of claims for FHA - insured loans from between 2007 - 2009, and the agency's own misread of its financial position.

Instead, when the Fed makes its first rate hike — something that probably won't happen until at least September - 2015 — it will do so by 1) raising the interest rate paid on bank reserves, 2) increasing the amount that it pays to borrow money via Reverse Repurchase agreements, and 3) boosting the rate that it offers to financial institutions for term deposits.

To the uninitiated, market trading may sound like something reserved for the financial elite, but with the proliferation of online currency exchanges and trading platforms, anyone can take part in market speculation.

The paper calls for doubling funding at financial regulatory agencies, including the Securities and Exchange Commission, and mandating larger capital reserves at large banks, among other ideas.

For example, if you are behind in retirement savings, or do not have a cash emergency reserve, it may make more sense to put your newfound funds towards those financial goals while you continue to pay off a mortgage with attractive terms.

Money and banking textbooks typically portray the Act as modernizing the financial system «to correct certain serious shortcomings in the National Bank Act: to provide an elastic currency, efficient clearing, centralized reserves, readily available credit for banks, and unified control of the banking system.»

Will the FED enact its THIRD MANDATE as a the backstop for the global financial system because of the key position of the world's reserve currency?

During the financial crisis the implementation date was moved forward to October 2008, the Fed's hope at the time having been that a positive interest rate on excess reserves (IOER) would establish a new, above zero «floor» for the effective federal funds rate.

BNP is a globally diversified financial institution that produces roughly USD 18 billion in profits annually (before accounting for bad debt reserves), generates ample cash flow and has excess regulatory capital on its balance sheet.

Because the flexibility in our framework allows it, we reserve the right to choose our policy tactics so that our actions don't significantly worsen financial stability concerns by opting for a policy path that aims to return inflation to target over a longer time frame than normal.

New Testament Scholars tell us that there are only three historical facts that we can be certain of about Jesus: (a) Jesus was part of the Kingdom of God movement, the belief in the divine sovereignty of Israel, and the desire for the divine expulsion of the Romans, (b) when Jesus came to Jerusalem to advance this movement, he was crucified, a penalty reserved specifically for those who posed a political or financial threat to the Roman Peace, and (c) a sect of the Kingdom of God movement continued in Jesus» name and memory, which was active in Jerusalem, and which lasted until 70 CE when the city was sacked and all the many different Zealot sects there were put down.

And when the club then releases financial figures showing more profit and a massive cash reserve of nearly # 140 million, you have to wonder what they are saving it for.

And with the recent release of the financial figures for last year showing that the club had actually increased it's cash reserves significantly, while the squad has been left without adequate cover in various areas, Ivan Gazidis was quizzed on the matter.

TBH I think Kroenke is our biggest problem, because he simply does not care about Arsenal, as long as he can get rewards from our reserves for «advisory services» or a dividend as it's more commonly known, and he is also going to be the one most difficult to get rid of, as it's very unlikely he'll sell unless someone makes him an offer he can't refuse, he hits financial problems where he'll have to sell, or Arsenal become extremely unprofitable — all of which are extremely unlikely, given that the share price has gone up over 60 % since he bought.

First, Liverpool fans need to understand the club is not the force it once was, and with the league structured the way it is, with rival teams boasting immense financial reserves, world - class players, and phenomenal managers, for the foreseeable and immediate future, at least, there is no chance of Liverpool dominating English football, in the manner it once did under Shankly and Paisley.

According to a Park District memo, Moody officials cited several factors for the upgrade, including sound financial operations, conservative budgeting practices, ample reserves, a diverse economic base and a favorable debt profile.

«The Congressman has taken advantage of his position to qualify for a debt reduction that is supposed to be reserved for hard - working families that are experiencing a financial set back,» said Cox, adding, «It is not for a congressman that wants to avoid his obligations and a personal financial loss.»

Buffalo Comptroller Mark Schroeder speaks Tuesday in City Hall, warning of tough financial times ahead for the municipal government if it doesn't curb its habit of closing budget gaps by using reserve funds.

In testimony before the New York State Financial Control Board, city Comptroller Scott Stringer applauded de Blasio for saving billions of dollars in reserves and accounting for the multi-billion-dollar cost of settling New York City's open labor contracts.

All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Rio Tinto's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Rio Tinto's products, production forecasts and reserve and resource positions), are forward - looking statements.

In a nod to industry complaints, state Financial Services Superintendent Ben Lawsky says his office will reduce by about one - third the amount of reserves companies must set aside for a basic type of life - insurance policy.

There are three principal reasons for that, the first of which was that world financial reserves, particularly in the east, were growing at a substantial rate.

The report on Levittown's operations said school officials must ensure that reserve funds are governed by board resolutions or policies that include the reasons why money is being set aside, financial objectives for the reserves, optimal funding levels and the conditions under which each reserve fund will be used.

CITY HALL — Mayor Bill de Blasio unveiled a $ 84.67 billion preliminary budget for fiscal year 2018 Tuesday that includes money to pave 1,300 miles of road, adds 40,000 new classroom seats and boosts financial reserves to record levels in case of potential federal funding cuts from the Trump administration.

Dr. Manteaw further called for a 0.5 % increment of the VAT, to increase the country's financial reserve to expand the scope of the program.

For example, NCB Development Corporation used its $ 6.4 million grant to create the Charter School Capital Access Program; the grant dollars comprise a «first loss reserve» - money that serves as a buffer for lenders in case payments fall through - on a $ 45 million loan pool that NCB and the Reinvestment Fund raised from large financial institutioFor example, NCB Development Corporation used its $ 6.4 million grant to create the Charter School Capital Access Program; the grant dollars comprise a «first loss reserve» - money that serves as a buffer for lenders in case payments fall through - on a $ 45 million loan pool that NCB and the Reinvestment Fund raised from large financial institutiofor lenders in case payments fall through - on a $ 45 million loan pool that NCB and the Reinvestment Fund raised from large financial institutions.

For the second year in a row, the state has placed CPS under «financial watch» for spending more than it takes in, draining reserves and heavily borrowiFor the second year in a row, the state has placed CPS under «financial watch» for spending more than it takes in, draining reserves and heavily borrowifor spending more than it takes in, draining reserves and heavily borrowing.

The Trump - DeVos budget and the House Appropriation Committee bill raid student aid programs — including the federal Pell Grant reserve, which the federal government slowly established after an inadequate rainy day fund led to painful cuts56 to the program — by $ 3.9 billion and $ 3.3 billion, respectively.57 The Pell Grant is the fundamental building block of financial aid support for low - income students.

According to that review of the non-profit group's financial statements and accounting records numerous concerns emerged such as: non-disclosure of transactions; failure to maintain required reserves; failure to appropriately apply accrual basis of accounting; insufficient monitoring of cash receipts and deposits process; insufficient documentation for disbursements; a lack of control over journal entries, and lack of adequate training for the accounting staff.

Howard Orme, the Department for Education's chief financial and operating officer, has been made a companion of the order of the bath, an honour reserved for senior civil servants and military personnel.

School Services of California, a firm that has long specialized in business and financial management for school districts, has been telling its clients in budget presentations that they should prepare themselves for the probability that the reserve cap could be triggered as soon as this year as well.

Deep cuts to the budget were needed in order to rebuild the financial reserve to the state minimum, account for increasing expenses such as pensions, and prepare for flat or decreasing federal and state funding.

Tulane University will reserve 10 spaces in its freshmen class each year for students from the KIPP system of charter schools and provide them with scholarships to meet their financial needs, officials announced Tuesday.