Sentences with phrase «loan pools through»

NAR thanked FHA for listening to NAR's previous concerns and suggestions by increasing transparency in the program and involving community partners in the acquisition of loan pools through expansion of its auction program to nonprofits.

Not exact matches

Mortgage pools / offerings are comprised of PNC retail - originated loans through PNC Mortgage and other top originators / servicers in the nation.

For example, NCB Development Corporation used its $ 6.4 million grant to create the Charter School Capital Access Program; the grant dollars comprise a «first loss reserve» - money that serves as a buffer for lenders in case payments fall through - on a $ 45 million loan pool that NCB and the Reinvestment Fund raised from large financial institutions.

The macadamia nuts were already getting an excellent price on the market, so this group of farmers could in principle have pooled some of their earnings and made them available so that more people could buy trees through a low - interest loan.

The company owns, manages and finances a portfolio of real estate related investments, including mortgage pass - through certificates, collateralized mortgage obligations, Agency callable debentures and other securities representing interests in or obligations backed by pools of mortgage loans issued or guaranteed by Freddie Mac, Fannie Mae and Ginnie Mae.

While delinquency rates increase during the early life of a loan pool, this worsening trend confirms our initial assessment that very weak underwriting and mortgage origination fraud, and not simply payment resets, has been the primary cause for elevated subprime loan delinquencies for loans originated through at least the middle of 2007.

The term «U.S. agency mortgage pass - through security» refers to a category of pass - through securities backed by pools of mortgages and issued by one of the following U.S. government - sponsored enterprises: Government National Mortgage Association («GNMA»); Federal National Mortgage Association («FNMA») and Federal Home Loan Mortgage Corporation («FHLMC»).

The pass - through issuer or servicer collects the payments on the loans in the pool and «passes through» the principal and interest to the security holders on a pro rata basis.

A multiclass bond backed by a pool of mortgage pass - through securities or mortgage loans.

Commercial banks, savings and loan institutions, private mortgage insurance companies, mortgage bankers and other secondary market issuers also create pass - through pools of conventional residential mortgage loans.

Much like mortgages, subprime auto loans go through Wall Street's securitization machine: Once lenders make the loans, they pool thousands of them into bonds that are sold in slices to investors like mutual funds, pensions and hedge funds.

An investment in a specific pool of pass - through securities requires an analysis of the specific prepayment risk of mortgages within the covered pool (since mortgagors typically have the option to prepay their loans).

We also advise on transactions involving packages of regulated loans, from sales of underperforming portfolios through to warehousing / securitisation of performing asset pools.

The practice is legal, and can be done through a person - to - person loan, in which the lender is named as a lien holder on the mortgage, or through a Mortgage Investment Corp, in which investors can pool their money to lend to those who either don't qualify for a traditional loan.

Higher interest rates for commercial and multifamily financing this summer had the greatest effect on lenders who securitize loans through the capital markets, such as conduit lenders who bundle loans into CMBS pools and Fannie Mae and Freddie Mac lenders.

So Blackrock and others are buying large pools of loans, great, it takes them a long time to go through what they purchase.

Or will I get pretty much the same package requirements no matter who I speak with simply because the loans are being pushed through into conforming pools.