Sentences with phrase «guarantee against default»

They can either be given out directly to students and parents by the government or provided by private financial institutions with a guarantee against default by the government.

Annaly and American Capital Agency, for instance, invest in agency mortgage - backed securities, which come with an implicit guarantee against default — meaning if the borrowers stop paying, they are reimbursed for the difference.

Since the early 1990s, college financial offices have been able to choose between a direct government loan and private lending by banks with a government guarantee against default.

Others require applicants to provide a personal guarantee against default, largely negating the advantage, if not the purpose of business credit cards.

This gas sales same agreement is further guaranteed against default by three guarantees — the government of Ghana, the World Bank and GNPC — amounting to some $ 750 million.

Lenders are more willing to offer loans at reasonable interest rates because the poor credit home loan is guaranteed against default.

Forwards have credit risk, but futures do not because a clearing house guarantees against default risk by taking both sides of the trade and marking to market their positions every night.

They are loans made by traditional lenders but backed by the government, guaranteed against default.

Not exact matches

SBA - backed 7 (a) loans, which are geared to small businesses, come with a government guarantee to lenders of up to 85 percent against default.

This gave banks a guarantee against a portion of debt should the entrepreneur default on their loan.

Washington — The percentage of students defaulting on their federally guaranteed college loans decreased slightly in fiscal 1988, according to new figures, but federal officials were hesitant to claim progress in the costly battle against defaults.

Such loans carry guarantees for lenders against default by the federal government, along with lower interest rates than for conventional mortgages and low (or no) down payment requirements.

That is, a loan that has collateral behind it as a means to protect against default, such as a home equity loan, versus an unsecured loan that offers lenders little by way of guarantee.

The loan is guaranteed by the Department of Veterans Affairs to protect the lender against loss in the event of default.

The federal government guarantees FFELP loans against borrower default and ensures that the lenders receive a market rate of return on the loans despite the lower interest rates paid by borrowers of education loans.

These include a federal guarantee against borrower default, special allowance payments and lender - paid origination fees.

Although FHA doesn't directly lend money for mortgage loans, it guarantees its approved lenders against losses stemming from defaults on mortgages approved under FHA guidelines; its lending programs assist first time, credit challenged, and moderate income buyers.

Trust it as much as you trust Congress, and remember they are also promising to pay Social Security and Medicare, AND guarantee against home mortgage loan defaults, underfunded pension defaults, money market failures, and soon, everyone's health care needs.

This is a government agency that guarantees home loans against default.

The VA loan is not actually a loan, but rather government guarantees that protect the lender of loan against loss if the veteran defaults, and provides the lender with the protection they normally receive through requiring a down payment.

They repackaged these loans and used them as collateral for bonds called mortgage - backed securities; they guaranteed buyers of those securities against default.

Instead, it helps guard against default by guaranteeing a suite of low - interest options administered by a network of banks and lending institutions.

The SBA works with qualified lenders who want to fund new businesses and guarantees up to 90 percent of the loan against default.

In the ABS market, a surety bond is an insurance policy typically provided by a rated and regulated monoline insurance company to guarantee securities holders against default.

This security deposit makes approval guaranteed, provides your issuer protection against default and erases the need for an expensive fee structure.

VA: Department of Veterans Affairs: a federal agency which guarantees loans made to veterans; similar to mortgage insurance, a loan guarantee protects lenders against loss that may result from a borrower default.

Proposed comment 37 (c)(1)(i)(C)-1 would have stated that «mortgage insurance» means insurance against the nonpayment of, or default on, an individual mortgage, and that, for purposes of proposed § 1026.37 (c), «mortgage insurance or any functional equivalent» would have included any mortgage guarantee that provides coverage similar to mortgage insurance (such as a United States Department of Veterans Affairs or United States Department of Agriculture guarantee), even if not technically considered insurance under State or other applicable law.