CSDC provides comprehensive financial services to charter schools nationwide to help them lease or purchase facilities suited to their educational mission and student enrollment needs, through lease and
loan credit enhancement and guarantees, a facilities development program, direct loans, and financial consulting and loan acquisition services.
Not exact matches
As FHFA states in its progress report, private mortgage insurance remains the primary form of
credit enhancement used on mortgages sold to the GSEs with
loan - to - value ratios over 80 percent, and in the first quarter of 2017 MI covered $ 48 billion of mortgages the agencies purchased.
Launched in 2010 in partnership with the Indianapolis Mayor's Office, this $ 2 million program offers
credit enhancement solutions to help Indianapolis charter schools secure facilities upon advantageous lease and
loan terms, enabling them to maximize their educational funding.
CSDC was the lead catalyst, architect and advocate for the establishment of a $ 25 million Congressional demonstration program in 2001, the forerunner to the
Credit Enhancement for Charter School Facilities Program administered by the U.S. Department of Education, which has provided several hundred million dollars in grants nationally for credit enhancement and revolving loan programs operated by nonprofit organizations and state age
Credit Enhancement for Charter School Facilities Program administered by the U.S. Department of Education, which has provided several hundred million dollars in grants nationally for credit enhancement and revolving loan programs operated by nonprofit organizations and stat
Enhancement for Charter School Facilities Program administered by the U.S. Department of Education, which has provided several hundred million dollars in grants nationally for
credit enhancement and revolving loan programs operated by nonprofit organizations and state age
credit enhancement and revolving loan programs operated by nonprofit organizations and stat
enhancement and revolving
loan programs operated by nonprofit organizations and state agencies.
The IBBF offers third party
credit enhancements to secure charter schools» lease or
loan payment obligations, providing facilities funding support to Indianapolis charter schools, either new or expanding, that are trying to do more with less.
As a 501 (c)(3) tax - exempt, nonprofit corporation and CDFI, CSDC has helped public charter schools acquire and finance facilities at the lowest possible cost, through below - market - rate
credit enhancements and direct
loans, as well as custom - developed lease - for - purchase facilities.
CSDC offers high performing charter schools
credit enhancements to secure
loans and leases through the Building Block Fund and innovative
loan products through CSDC Direct.
In 2011, CSDC assisted the high achieving school again by providing a
credit enhancement of an acquisition and construction
loan from Chase Bank to enable the school to acquire the adjacent 5 acres and build a new 16,000 sq. ft. building.
TIFIA direct
loans can only be used to refinance: (i) interim construction financing of eligible project costs; (ii) existing Federal
credit instruments for rural infrastructure projects; or (iii) long - term project obligations or Federal
credit instruments if the refinancing provides additional funding capacity for the completion,
enhancement, or expansion of an eligible project.
When we talk about «
loan level» or «front - end» or «at origination»
credit enhancement we are specifically referring to how MI is part of a low - down payment mortgage from day one.
In order to reduce that risk, Congress required the GSEs to obtain
credit enhancement on low down payment
loans — most often in the form of MI — so that private capital, and not taxpayers, is first in line to pay when there is a default - related loss.
«My plea is for us to understand the value of mortgage insurance as a
credit enhancement as [a way] for getting in front of the government in terms of first - loss position so that we can have a reasonable risk on a government guarantee
loan but not an unreasonable guarantee for the government.»
Loan - level
credit enhancement can facilitate low down payment lending to creditworthy borrowers, especially when placed on mortgage
loans before they are guaranteed by the federal government.
Radian Group, Inc. is a
credit enhancement company with a primary strategic focus on domestic residential mortgage insurance on first - lien mortgage
loans and other products and services to the mortgage and real estate industries.
Mortgage scams included property flipping, short sales, foreclosure rescues, reverse mortgage schemes,
loan modifications, and
credit enhancements.
A variety of developments, such as the following, may cause an early - amortization event: insufficient payments by the underlying borrowers; insufficient excess spread; a rise in the default rate on the underlying
loans above a specified level; a drop in available
credit enhancements below a specified level; and bankruptcy on the part of the sponsor or the servicer.
Collateral for CMOs consists primarily of mortgage pass - through securities or mortgage
loans, but may also encompass letters of
credit, insurance policies, or other
credit enhancements.
• Performed focused staff training and development regarding selling of
loan products, insurance,
credit and delinquency decisions that produced increased efficiency
enhancements and accuracy.
LaSalle is also providing $ 12.7 million in
credit enhancements and, once construction is completed, a $ 20 million permanent
loan takeout.