Sentences with phrase «held by the lender»

Colorado amended its payday loan law in 2010 to set a minimum six - month term for loans based on checks held by the lender.

Presently the Fed is in the process of monetizing $ 2 trillion in Treasuries, Agency paper, such as Fannie Mae and Freddie Mac and collateralized debt obligations held by lenders.

Escrow Payment — That portion of a mortgagor's monthly payments held by a lender or servicer in an account to pay taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due.

An escrow impound account is a trust account held by the lender of your new loan to facilitate the collection and payment of your property taxes and / or home owners insurance.

If the lender applies the payments to interest, the extra $ 50 will be held by the lender.

Most of the knowledge used to be held by lenders and real estate agencies.

Many jumbo ARMs are not sold to investors, but are instead held by lenders on their own books.

They saved my family from having to sell our home through their tireless efforts to refinance the previous mortgage (held by another lender.)

Impound The portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, and other items as they become due.

HELOCs and HELOANs are also called «second mortgages» because their liens are «junior» to the lien held by the lender with the first mortgage.

This check is held by the lender until the due date of the instant loan.

Credit builder loans are essentially loans where the money you borrow is held by the lender in a deposit account — in this example from Republic Bank, an interest - bearing CD.

Prior to closing; also, an account held by the lender into which a homeowner pays money for taxes and insurance.

That portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments and other items as they become due.

In Colorado, payday loan laws require a six - month term for loans based on checks that are held by a lender.

The money is held by the lender to make payments when they are due.

Credit builder loans are essentially loans where the money you borrow is held by the lender in a deposit account — in this example from Republic Bank, an interest - bearing CD.

It requires a 20 - 30 % downpayment with construction funds held by the lender.

As a previous report by NuWire Investor states, «The amount of REO inventory held by lenders is expected to peak in August 2011 at [approximately] 545,000 properties, according to analysts at Barclays Capital.»

Many jumbo ARMs are not sold to investors, but are instead held by lenders on their own books.

It is a special bank account held by the lender to collect monthly payments from the borrower to pay property taxes, mortgage insurance, and hazard insurance.

An impound (or escrow) account is an account held by a lender or a servicer that -LSB-...]

Not exact matches

Special Counsel Robert Mueller has asked German lender Deutsche Bank (db) to share data on accounts held by President Donald Trump and his family, according to reports from Bloomberg and Reuters Tuesday.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8Lenders on February 8, 2013.

By holding off on your payments, it sends the message to your lender that you're forcing them to settle.

Beyond finding that companies owned by Mr. Trump had debts of at least $ 650 million, The Times discovered that a substantial portion of his wealth is tied up in three passive partnerships that owe an additional $ 2 billion to a string of lenders, including those that hold the loan on the Avenue of the Americas building.

During this process, one or more loans (federal, private, or both) are essentially consolidated together into one new loan held by a private lender.

But regulators have noted wide differences in how much capital is held by different lenders to cover essentially similar portfolios and the new rules will help correct this.

Asia - focused lender HSBC Holdings Plc reported Friday lower profit in its first quarter, as higher revenue was more than offset by higher operating expenses.

These debts are often held by multiple lenders, and many residents of the state have told us they have a hard time keeping up with multiple different payments.

NMIC's residential mortgage insurance products primarily provide first loss protection on loans originated by residential mortgage lenders and sold to the GSEs and on low down payment loans held by portfolio lenders.

He added: «I accept that I allowed my judgment to be clouded by my strongly - held belief that action needed to be taken on payday lenders.»

Delphi Holdings LLP, now privately owned by its former lenders, was forced to sell many of its assets to settle debts.

Title Information: Vehicle titles may be held by banks or lenders as collateral for loans.

Title Information: Vehicles titles may be held by banks or lenders as collateral for loans.

Inspection fees, if any, are the «Buyer's» sole responsibility.Title Information: Vehicle titles may be held by banks or lenders as collateral for loans.

All taxes and fees must be paid in full in order for vehicle to be titled and registered.A documentation and preparation fee of $ 98.00 will be added to the final auction value or Buy - It - Now price.Vehicle titles may be held by banks or lenders as collateral for loans.

Because MI selection is currently handled by the lender as part of the primary market process, the IMAGIN program sets a precedent of allowing the GSEs to participate in primary market activities while also putting the taxpayer at greater risk by circumventing the high capital and regulatory standards that MIs are held to today.

Foreclosure — When a homeowner defaults by failing to make payments on their mortgage, the lender that holds the mortgage is given legal ownership of the property to allow them to recoup the money that was lent.

Earlier this year, changes were announced by financial regulators that demanded mortgage lenders hold back a larger portion of money — just in case.

The reason behind these name variations is because the money loaned through this type of financing is pulled from a source of «hard» cash held by a private, direct lender in Palm Springs.

Holding FHA approved lenders accountable by requiring lenders to reimburse FHA for losses on bad loans provides both preventative and remedial enforcement of FHA guidelines and lending requirements.

Speaking at an event held by Women in Housing and Finance, FHA commissioner David Stevens said that «[Mortgage] servicers and lenders have got to start writing down principal» for homeowners whose homes are worth less than their mortgage loan balances.

Ideally these lenders should not all have forward purchase agreements or be owned by the same secondary market, since the loan discounts and the quality of customer service are often dictated by the lender that ultimately holds the loans, not the lender that originates the loans.

Some of the criteria established by the NASFAA Monograph include: loan cost, quality of customer service, problem resolution (responsiveness to complaints), lender default rates and lender default aversion efforts (including early intervention), ease of loan certification process, 24/7/365 availability to borrowers, disbursement flexibility, loan products offered (Stafford Loan, Parent PLUS Loan, Grad PLUS Loan, Private Student Loan, Consolidation Loan), borrower preferences for national and local lenders, life of loan servicing, entrance and exit counseling, financial literacy and debt management counseling, clarity and accuracy of lender marketing materials and web site, protection of borrower privacy, response time for processing loan applications, and quality of lender toll free telephone numbers and call centers (e.g., hold times and complexity of phone menus).

During this process, one or more loans (federal, private, or both) are essentially consolidated together into one new loan held by a private lender.

If your monthly mortgage payment includes money for property taxes, those funds are held in escrow by the lender, who will pay your property taxes as they come due.

§ Have existing eligible medical education loans held by US lenders and US loan servicing agencies.

§ Have qualifying and documented educational debt held by the US Department of Education or a commercial lender;

One takeaway from the report was the growth and success seen by fintech lenders, who hold a considerable portion of the personal loan market today.