Sentences with phrase «in debt underwriting»

The firm said that reflected stronger revenues in debt underwriting due to strong performance in leveraged finance and asset - backed activity.

Not exact matches

Previously, Erdoes worked at Bankers Trust in corporate finance, merchant banking and high - yield debt underwriting.

Net revenues in both equity underwriting and debt underwriting were significantly lower than the third quarter of 2010, reflecting a significant decline in industry - wide activity.

However, Barclays overall performance was buoyed by a strong performance in its credit cards business and investment banking division, which advises on M&A transactions and equity and debt underwriting.

Investment banks often say that underwriting debt and equity issues for companies brings in trading activity, and vice versa.

In addition to being able to issue analyst stock ratings on GE and dozens of other companies and significantly benefit financially from debt underwritings that bury a company deeper and deeper under debt, these same Wall Street firms are permitted to trade shares of GE (and hundreds of other stocks) in their own internal Dark Pools — effectively unregulated stock exchanges inside the firmIn addition to being able to issue analyst stock ratings on GE and dozens of other companies and significantly benefit financially from debt underwritings that bury a company deeper and deeper under debt, these same Wall Street firms are permitted to trade shares of GE (and hundreds of other stocks) in their own internal Dark Pools — effectively unregulated stock exchanges inside the firmin their own internal Dark Pools — effectively unregulated stock exchanges inside the firms.

Third and finally, the traditional story misses the real function of private banks, which is to solve an information problem in the purest Hayekian senses. That is, banks are or should be specialists in risk assessment and risk taking. They should know their client, understand the local market and have their pulse on the broad economy. Arguably, if properly structured, they can and should do this better than other entities such as governments. In other words, the proper role of banks should be underwriting — lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this posin the purest Hayekian senses. That is, banks are or should be specialists in risk assessment and risk taking. They should know their client, understand the local market and have their pulse on the broad economy. Arguably, if properly structured, they can and should do this better than other entities such as governments. In other words, the proper role of banks should be underwriting — lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this posin risk assessment and risk taking. They should know their client, understand the local market and have their pulse on the broad economy. Arguably, if properly structured, they can and should do this better than other entities such as governments. In other words, the proper role of banks should be underwriting — lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this posIn other words, the proper role of banks should be underwriting — lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this post.

The bank posted $ 1.6 billion in revenues from investment banking, down 7 % «driven by lower debt and equity underwriting fees, which were partially offset by higher advisory fees.»

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Goldman Sachs on April 17 said its debt capital markets division brought in $ 797 million in underwriting revenue in the first three months of the year, 25 percent higher than the same period in 2017.

PNC underwrites and makes markets in both corporate debt securities and state and municipal obligations.

In previous German governing coalitions, the country's finance minister has traditionally been provided by the second - largest party in the coalition — in the current negotiations, the FDP — so there was also speculation that prevailing German political opinion was likely to become more resistant to any future proposals from fellow EU members to reform the region's financial markets through a mutual underwriting of eurozone debIn previous German governing coalitions, the country's finance minister has traditionally been provided by the second - largest party in the coalition — in the current negotiations, the FDP — so there was also speculation that prevailing German political opinion was likely to become more resistant to any future proposals from fellow EU members to reform the region's financial markets through a mutual underwriting of eurozone debin the coalition — in the current negotiations, the FDP — so there was also speculation that prevailing German political opinion was likely to become more resistant to any future proposals from fellow EU members to reform the region's financial markets through a mutual underwriting of eurozone debin the current negotiations, the FDP — so there was also speculation that prevailing German political opinion was likely to become more resistant to any future proposals from fellow EU members to reform the region's financial markets through a mutual underwriting of eurozone debt.

During the run - up in the alternative energy mania, DB was aggressively underwriting exotic derivatives based on the massive debt being issued by energy companies.

There were other, brighter elements to Goldman's results, including near - record investment banking revenue and just under $ 3 billion in debt - underwriting revenue — a record for the bank.

Mr. Bizzarri and his team have been responsible for underwriting, financing and acquiring over $ 4.9 billion of multi-residential real estate and have constructed and managed a diversified debt portfolio of over $ 1.3 billion in Timbercreek - sponsored commercial mortgage investments.

It was claimed that this step concealed in excess of # 21 billion of publicly - underwritten debt.

CNET NEWS — Dec 24 — Friend Finder Networks, the company formerly known as Penthouse Media Group, is filing an IPO (underwritten by Renaissance Capital, based in Moscow) to pay off almost a half a billion in debt, to stay alive.

In addition to great terms, doctor loans come packaged with debt consolidation options, free financial consultations, and special underwriting services.

If an applicant's credit report has $ 1,000 + in disputed derogatory credit accounts, the loan application must be downgraded and manually underwritten meaning your debt to income qualifying ratios will be lower and thus potentially affecting your approval.

Total Debt Ratio: In traditional mortgage underwriting, the total debt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incDebt Ratio: In traditional mortgage underwriting, the total debt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incdebt ratio is used to calculate how large the monthly payments on housing expenses and other debts (like student and car loans, credit card debt, etc.) should be, based on gross monthly incdebt, etc.) should be, based on gross monthly income.

One of the big factors lenders look to in underwriting a new loan is the current debt load of the prospective borrower.

The ability of securities firms to price securities effectively and to underwrite issues of government and corporate debt depends on their ability to finance holdings of these securities in their capacities as underwriters and market makers.

620 Minimum Credit Score No Bankruptcies in the last 2 years 100 % Financing, Zero Down payment No monthly mortgage insurance Termite report required with a clean report Any damage noted on termite report must be fixed before closing Maximum debt to income rations are approved on AUS findings with a manual underwrite sticking at 41 % on the dti.

a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the asset has died; because investor mortality risk must be taken into account when underwriting assets that carry a survivor's option, these assets are more complex and expensive to issue; also known as a «death put»

The «Accept» recommendation in GUS will be downgraded to a «Refer» and manual underwrite will apply when all debts on the application are not verified on the credit report.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

FHA Requires that if a loan has received an Accept or Approve or Refer decision from an approved automated underwriting engine using FHA's TOTAL Scorecard, the lender «must obtain an explanation and documentation for recent large deposits in excess of 1 % % of the property sales price, and verify that any recent debts were not incurred to obtain part, or all, of the required cash investment on the property being purchased.»

In most Debt Management Plans, credit card issuers underwrite part of the cost in a system of payments to credit counseling companies called «fair share.&raquIn most Debt Management Plans, credit card issuers underwrite part of the cost in a system of payments to credit counseling companies called «fair share.&raquin a system of payments to credit counseling companies called «fair share.»

Most personal loans are a form of unsecured debt in which no collateral secures the loan, and underwriting is based on income and creditworthiness.

«The primary methods used for easing credit underwriting standards were changes in pricing and fees, scorecard cutoffs, and debt - to - income ratios.»

In addition, they may have investors that will look at the global financial picture and cash - flow of borrowers and not base their underwriting decision solely on debt to income ratios.

From a credit perspective and from a banking perspective there are qualification factors in place prior to approving someone for a credit card, but with student loan debt it is quickly granted without much underwriting involved.

Bottom line is they have no interest in doing a good job of underwriting their debt, and in fact make profit off of the chargeoffs.

In every case, lousy underwriting of the original debts, not a bad economy, was the cause of the problem.

They were developed as a way to determine a repeatable, workable methodology in administering and underwriting credit debt, residential mortgages, credit cards and indirect and direct consumer installment loans.

In short, when a borrower's credit score falls below a certain threshold — and his or her debt - to - income ratio is above a certain level — the lender must manually underwrite the mortgage loan.

«Lenders of credit - card debt, auto loans and mortgages have adopted tighter credit - underwriting criteria in the aftermath of the credit crisis.

In particular, current Federal Housing Administration (FHA) underwriting standards set total debt at an amount not exceeding 43 percent of annual income, a standard that, as noted by a commenter, was adopted by the CFPB in recently published regulations, with housing debt comprising no more than 31 percent of that total income, leaving 12 percent for all other debt, including student loan debt, car loans, and all other consumer debIn particular, current Federal Housing Administration (FHA) underwriting standards set total debt at an amount not exceeding 43 percent of annual income, a standard that, as noted by a commenter, was adopted by the CFPB in recently published regulations, with housing debt comprising no more than 31 percent of that total income, leaving 12 percent for all other debt, including student loan debt, car loans, and all other consumer debin recently published regulations, with housing debt comprising no more than 31 percent of that total income, leaving 12 percent for all other debt, including student loan debt, car loans, and all other consumer debt.

Simon's particular expertise is in acting for issuers and underwriting syndicates in public and private equity and debt financings involving real estate companies and REITs (domestic, cross-border and international), including initial public offerings.

They also represent lenders in leveraged acquisitions as well as underwriters, placement agents and institutional purchasers in public and private equity and debt transactions, including investment bankers who provide underwriting services for companies making their initial and follow - on public offerings.

If you are interested in a policy with a lower face amount to take care of debts and costs associated with dying, there is a very high chance you can qualify for a simplified - issue final expense policy with underwriting.

This number is a direct representation of a company's financial ability to handle large debts, and many companies will insist in only being underwritten by a company with a high enough rating and FSC to handle any financial insurance debt that may arise.

Assisted middle market portfolio managers in underwriting over 100 credit facilities including projections to estimate debt service coverage.

Limited financing options and stricter underwriting standards are adding to the market distress, as more than $ 1.1 trillion in real estate debt is scheduled to mature from 2010 through 2012.

But Fannie Mae, working with NAR, has just announced a change in its underwriting to make it easier for households with student loan debt to qualify for a mortgage.

In addition, he spent several years at CBRE's Washington, D.C., office engaged in debt placement and underwriting for major real estate projectIn addition, he spent several years at CBRE's Washington, D.C., office engaged in debt placement and underwriting for major real estate projectin debt placement and underwriting for major real estate projects.

Economist Ann Schnare, principal at AB Schnare, LLP, emphasized that some of the guidance in the rule to help lenders calculate income, debt, and assets, if left unedited, could potentially create an ossified underwriting system that may be inappropriate for the next generation of homebuyers.

«New underwriting rules to protect borrowers, effective in January, will prohibit many loan features, set tighter limits on the amount of debt a borrower can have and still get a mortgage, and require that lenders accurately measure a borrower's ability to repay,» he said.

The share of the real estate debt market held by CMBS has more than doubled, while portfolio lenders have begun to underwrite with CMBS standards in mind.

They also directed NAR to work with the lending community to standardize how student loan debt is handled in the mortgage underwriting process, to ensure that the way it's handed does not hurt home ownership.