Sentences with phrase «loan losses»

Because it is a management judgment, the provision for loan losses can be used to manage a bank's earnings.

Many banks saw improved credit quality in the first quarter of 2011 leading to lower loan loss provisions.

And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years.

However, earlier this year, several smaller subprime lenders shut down — some of them because of loan losses.

Is it really necessary for the government to protect the big banks who earn huge profits from loan losses?

The new rules forced banks to increase their capital reserves, which have helped them better absorb future loan losses.

For most banks, loan impairment charges as a percentage of total loans have been falling, which again means lower loan losses.

Just like out - of - area lending results in higher loan losses, strategies that rely upon combining small banks across geographic areas don't work.

These are the rates you will be paid before the annual investor fee (1 %) or potential loan losses are calculated into the return.

Profit before loan losses grew by $ 108 million to $ 1.8 billion.

The costs net to zero, but on the original loan there are real loan losses.

These factors, combined with declining loan losses, more favorable regulations and tighter costs controls are boosting bank earnings growth expectations.

First, the actual write - offs were more than the amount management included in the provision for loan losses.

Loan loss provisions were generally higher than expected, and future outlook was also negative.

So, is it really necessary for the government to protect the big banks who earn huge profits from loan losses?

If the loan is particularly risky, the bank might sell at a discount to avoid future loan losses.

It recorded an $ 85 million loss in the last quarter, mainly because it raised its reserves to cover loan losses, primarily commercial.

A 2012 PCAOB inspection report of KPMG deficiencies cited its failures to question management judgment, including failure to test management's assumptions on loan loss reserves.

Low income customers will be eligible for Income Based Loan Support corresponding to 30 % of the loan amount, capped at $ 10,500, and will be able to qualify for Loan Loss Reserve if eligible.

And it took over mortgage giants Fannie Mae and Freddie Mac after they sustained billions of dollars in loan losses from defaults and falling home prices.

It has set its allowance for loan losses at 2.2 % of finance receivables, while its peers only reserve from 0.5 % to 1.4 %.

The negative consequences of pushing more debt on households is also obvious: more loans become uncollectible and go into default, creating more loan losses for banks.

«Overall, expectations remain reasonably low, thanks to the challenge of low interest rates and capital markets weakness, additional loan loss reserve build and myriad fourth quarter clean up actions,» Credit Suisse analysts led by Susan Katzke said in a note Tuesday.

The recession's fallout may yet sting — EDC admits it took on considerably greater risk, and consequently expects elevated loan losses and credit insurance claims.

In 2010, the PCAOB issued a report on PwC's failure to address previous criticisms, which included statements about its overreliance on what management said and a failure to test information related to a company's loan loss allowance.

Karen Lawson is a freelance writer with 20 years of experience in mortgage banking, mortgage loan servicing and home loan loss mitigation programs.

Karen Lawson Karen Lawson is a freelance writer with extensive experience in mortgage banking and home loan loss mitigation programs.

It will cause more delinquencies and reduce demand for loans, hence causing the banks loan losses and reducing their profits.

Analysts and investors, however, remain focused on CWB's oil exposure — especially after the sizable writedown in its loan book earlier this year, which marks the bank's highest ever loan loss, according to Darko Mihelic, an RBC Capital Markets analyst.

• Ensured compliance of federal laws while loan losses and legal concerns were minimized.

STOCKHOLM, Oct 5 - The head of retail banking for Nordea, the Nordic region's biggest bank, said on Friday he sees loan losses in Denmark stabilising as the country's troubled real estate and agriculture sectors may have seen their worst.

In May, the PCAOB disclosed that E&Y had failed to make sufficient efforts to address previous PCAOB criticisms, which included, among others, «apparent failure to appropriately challenge management» and failure to test loan loss reserves.

OnDeck reported a Q1 / 17 net loss of $ 11.1 million despite a gross revenue increase of $ 30.3 million, which was partially offset by loan loss charges of $ 46.2 million, up from $ 25.4 million in Q1 / 16.

The knock - on effect is that Synchrony boasts steep loan losses and, consequently, high charge - offs.

Start with Callidus» loan receivables, which tumbled to CA$ 247.3 million (a drop of 76 percent from CA$ 1.02 billion at the end of 2016), as well as its set loan loss provision of CA$ 217.4 million, which rose 39 percent from CA$ 134.3 million.

In addition, regulators require proof that loan modification efforts address borrowers» financial problems and not simply delay loan loss recognition.

Until the US job market improves, FHA will likely continue to absorb mortgage loan losses caused by foreclosure.

The rating agency said it was assuming total loan loss of 34 percent for Alt - A RMBS transactions backed by fixed - rate and long - reset hybrid collateral, which are loans with fixed - rate periods of at least five years, issued in 2006.

nets to zero — on the original loan there are real loan losses #BBwash Apr 30, 2013

Unfortunately, ROE is highly dependent on absolute yields, yield spreads, maintaining adequate loan loss reserves, and the amount of leverage used.

View a document from CUNA's website that explains how GreenPath has helped reduce loan losses at SECU in Linthicum, MD, and at Coastal Federal Credit Union in Raleigh, NC.

Our programs, including Accel Member Financial Counseling and GreenPath Financial Wellness Services, have been proven to help lower credit union loan losses and delinquencies.

There was a long period of encouraging looseness in bank regulation, and it has led to significant loan losses in our banking system.

Prince Alwaleed acquired his Citi stake in 1991 when the bank struggled with Latin American loan losses and the U.S. real estate market collapse, and his shares in the banks were worth some $ 6 billion earlier this month.

Arriving at the provision for loan losses involves a high degree of judgment, representing management's best evaluation of the appropriate loss to reserve.