Sentences with phrase «life of a loan pool»

While delinquency rates increase during the early life of a loan pool, this worsening trend confirms our initial assessment that very weak underwriting and mortgage origination fraud, and not simply payment resets, has been the primary cause for elevated subprime loan delinquencies for loans originated through at least the middle of 2007.

Not exact matches

When you consider the level of student loan and credit card debt some adults have when leaving college, living together may also be prompted out of financial necessity to pool resources and be able to afford living expenses while paying down debt.

As fall 1998 approached, the John Hancock Mutual Life Insurance Co. was sitting on a pool of loans it intended to securitize.