Sentences with phrase «loan characteristics such»
Loans available to borrowers who require unique financing due to loan characteristics such as higher LTV's, occupancy and property types or questionable credit issues.
https://www.firstratefunding.net/ Not exact matches
These tranches are groups of loans with similar characteristics, such as maturity, interest rate and expected delinquency rate.
We can control for some of these differences between loan characteristics (such as loan size, loan - to - valuation ratio (LVR) and documentation type).
As part of this effort, FHA will also direct its approved mortgage lenders that loan approval «must be based on the creditworthiness of borrowers and not on unrelated factors or characteristics, such as sexual orientation or gender identity,» HUD said.
The fund invests under normal circumstances at least 80 % of its net assets (plus any borrowings for investment purposes) in senior secured floating rate loans made by banks and other lending institutions and in senior secured floating rate debt instruments, and in derivatives and other instruments that have economic characteristics similar to such securities.
Under these laws, a consumer may not be refused a loan based on these characteristics nor be charged more for a loan or offered less - favorable terms based on such characteristics.
A case can be made that loan inquiries should be added to the list of borrower characteristics, such as sex, race and ethnicity that, as a matter of public policy, can't be used in developing credit scores.
The FHA maintains a rulebook known as the «FHA guidelines» which lists every imaginable characteristic of a mortgage loan along with the agency's tolerance for such a trait.
Debt that doesn't have good characteristics, such as high - interest credit cards and loans, should always be avoided.
Soft information is an umbrella term that encompasses data not readily available in credit reports such as demographics, the need for the loan and the financial characteristics of the borrower's social network and physical neighbors.
Characteristics associated with the consumer's new loan, such as the origination date and amount, loan type, estimated balance, purchase price, sale amount, and more
Consideration of certain loan characteristics in the underwriting process, such as high debt - to - income ratios and a lack of financial reserves that can result in high rates of default and foreclosure.
Funds advised by Mr. Fasciano cover a wide variety of strategies and asset classes, with varying liquidity characteristics, including more typical asset classes such as publicly traded equities, as well as less typical asset classes such as loans, consumer receivables and renewable energy credits.
Under these laws, a consumer can not be refused a loan based on these characteristics nor be charged more for a loan or offered less favorable terms based on such characteristics.
As such, the cash flowing characteristics of the properties included in a portfolio generally determine the loan amount and terms.
The Bureau appreciates that temporary loans, such as construction - only loans, may have unique characteristics that require special guidance.
This commenter identified several specific characteristics of construction loans that raised questions about the application of the proposal's integrated disclosure requirements, such as disclosure of loan term, adjustable payments, and adjustable interest rates.