A.M. Best credit rating service gives William Penn an A + rating or «Superior,» meaning the company has
little chance of defaulting on its claim paying ability.
Not exact matches
When borrowers request a loan for an amount that is at or near the appraised value, and therefore a higher loan - to - value ratio, lenders perceive that there is a greater
chance of the loan going into
default because there is
little to no equity built up within the property.
If you are buying a
defaulted piece
of paper trading for 15 cents on the dollar,
chances are, you aren't going to get very much in bankruptcy court (lose a
little), but who knows, maybe you score big in the restructuring and get some stock that rips.
If it is below 15 % there is
little chance of profiting from its sale if the client
defaults.