Sentences with phrase «good collateral»

The phrase "good collateral" refers to valuable assets that a person or business promises to give if they fail to repay a loan. These assets are used as a backup to ensure the lender can recover their money in case the borrower defaults on the loan. Examples of good collateral include property, vehicles, or stocks that have significant worth. Full definition
Single - premium policies and limited - premium payment policies can act as good collateral for housing loans.
«New construction probably would provide better collateral compared to homes lived in for 40 years,» he noted.
Good collateral got rolled over, bad collateral got picked up by stronger institutions.
They are particularly eager to offer financing to those borrowers who can provide good collateral and prove stable income flows.
It was a classic application of Bagehot's Rule for dealing with financial crises: «lend freely on good collateral at penalty rates.»
One final note: orthodox economic theory says that crises can be stopped by a large economic actor (today, a central bank) being willing to lend unlimitedly with good collateral at a penalty rate.
I stopped by the new Louis Vuitton store in San Marco, where Tony Oursler's video update of Pompeo Marino Molmenti's 1879 painting La Morte di Otello was debuting; spent the cocktail hour with friends at Harry's Bar; and dashed to the Eleven Rivington Gallery dinner at the Locanda Montin for Icelandic artist Katrin Sigurdardóttir, whose architectural intervention in the former laundry of Palazzo Zenobio was one of the Biennale's better collateral events.
The company is publicly traded, so the asset is liquid immediately (i.e. better collateral).
An older applicant might not qualify for a large loan with a 5 percent down payment on a risky venture, but might qualify for a smaller loan — with a bigger down payment — secured by good collateral.
In 1866, the author and economist said in a crisis the central bank must «lend freely» against good collateral but at a penalty rate, so that those loans do not represent a subsidy to the borrower.
Lenders prefer the borrower to have a job, but if job loss is the reason for the loan, employment is less of a factor, especially if there is good collateral backing the loan.
The reason why a tiny home is not good collateral for itself (if you believe the resale position), is likely that it's hard to find buyers for a lifestyle that is illegal.
The Federal Reserve banks are designed to provide liquidity — on good collateral, of course.
Good collateral to be pledged against bank loans eventually gets exhausted.
Also, the ECB announced that it would buy up to 40 billion euro of covered bonds, but that should not be a big deal for covered bonds are the best collateral so many banks will probably not be running for funding posting the highest rated debt.
Usually, your home or property acts as the best collateral.
All you need to do is find an online broker who you can explain your situation to, and they will search through their lenders to find the best collateral free bad credit loans that are available for you.
The way to find the best no collateral bad credit loan is to request multiple quotes from various lenders.
This means you'll need to have a good credit score, a demonstrated ability to repay (and history of doing so), good collateral and a financially sound business.
If the property seems to be overvalued, the property may not be a good collateral for the mortgage anymore.
The best collateral — from the lender's viewpoint — is an asset that can be quickly liquidated, meaning it can be converted into cash.
The best collateral is your home, but you can also use a late - model automobile for the purposes of collateral.
If the loan is used to purchase some physical item (e.g. car, boat, home), that item is the best collateral.
Compared to ML III, ML II has better collateral, but worse vintage years.
The penalty rate is to punish the banks for having managed its affairs badly; the good collateral requirements is similarly to avoid rewarding them if they make stupid risky bad loans.
One of the best collateral art events during Frieze Week takes place in the car park beneath Cavendish Square
You will always be issued a First Mortgage and Note on the property for the full amount that we borrowed which means you have the best collateral for your SCORE investment.
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