Sentences with phrase «loan asset disposition»
«If we're close to completing a foreclosure, though, it makes more financial sense to take the property back,» says Charles Krawitz, senior sales manager of the loan asset disposition group at Fifth Third Bank in Cincinnati.
http://realtormag.realtor.org/ Not exact matches
To be treated as a regulated investment company under Subchapter M of the Code, a Fund must also (a) derive at least 90 % of its gross income from dividends, interest, payments with respect to securities loans, net income from certain publicly traded partnerships and gains from the sale or other disposition of securities or foreign currencies, or other income (including, but not limited to, gains from options, futures or forward contracts) derived with respect to the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. government
Among these requirements are the following: (i) at least 90 % of the fund's gross income each taxable year must be derived from dividends, interest, payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income derived with respect to its business of investing in such stock or securities or currencies and net income derived from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.
The loss from charged - off loans gets reported on Form 8949 — Sales and Other Dispositions of Capital Assets.
Chaim has completed many complex transactions, including share and asset acquisitions and dispositions and corporate reorganizations and has assisted borrowers and lenders in implementing secured lending facilities and various loan transactions.
Dustin advises on acquisitions and dispositions of single assets as well as large national portfolios, ground - up developments and large scale re-developments, commercial leases, and complex loan facilities.
«Auctions will help put distressed properties back into the market faster and get things back to normal, just as they did in the Resolution Trust Corp. era that followed the savings - and - loan crisis,» says David Gilmore, managing director of Sperry Van Ness Accelerated Marketing, an Atlanta - based venture that specializes in asset disposition through auctions.
Prior to joining PCCP, Mr. Thornton was a Real Estate Finance Officer at Nomura, where he was responsible for construction loan origination and balance sheet asset dispositions.
Other products and services include construction loans, mezzanine loans, acquisition and disposition support, special servicing, and the handling of troubled real estate (REO) assets.
Our offerings include acquisition financing, bridge loans, construction financing, development and asset strategy, joint venture equity, mezzanine debt, multifamily Agency / GSE lending platform (1), note sales, opinions of value, permanent financing, recapitalization strategies, REO (real estate - owned) dispositions.
These customers engage us to manage the disposition of their assets in the loan - default life cycle through a variety of strategies to help them maximize resolution proceeds.