Sentences with phrase «loans during the quarter»

Banks charged - off $ 7.9 billion in bad loans during the quarter, an increase of $ 2.6 billion (50.0 percent) from the level of the second quarter of 2000.

In other words, if you establish the loan during a quarter in which the prescribed rate is 1 %, as it currently is, you can use that rate for the duration of the loan, which could be unlimited if there is no fixed term and it is simply a demand loan.

Consumers did increase total borrowing as a whole because they took on more car and student loans during quarter two.

Not exact matches

Payment processing issues accounted for 17 percent of all student loan complaints the CFPB received during the second quarter of 2016 — second only to complaints about income - driven repayment plans, according to an October report.

During the first quarter of 2018, Gilead generated $ 2.3 billion in operating cash flow, fully repaid the $ 4.5 billion term loans borrowed in connection with Gilead's acquisition of Kite, utilized $ 1.0 billion on stock repurchases and paid cash dividends of $ 753 million.

Product - sector companies led the pack — 40 % arranged new financing during the second quarter of 1994, but only 26 % of service - sector companies reported new loans in that period.

Gain on sale was $ 0.3 million during the second quarter of 2017, primarily reflecting the Company's decision to reduce the percentage of term loans sold through OnDeck Marketplace to less than 5 %, as announced last quarter.

According to that report, «Loan charge - offs and noncurrent loans (loans 90 days or more past due or in nonaccrual status) continued to increase during the second quarter.

According to their data, about 11.5 % of student loan debt was 90 + days delinquent or in default, during the second quarter of 2015.

J.P. Morgan, Bank of America, Citigroup and Wells Fargo freed up $ 15 billion in loan - loss reserves during 2013, including $ 3.7 billion in the fourth quarter.

Hoffman, a millionaire accountant from Lake Placid, also loaned his campaign $ 100,000 during the quarter — bringing his total loans to his 2010 campaign to $ 200,000.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

As The Wall Street Journal reports, lenders originated $ 235 billion in mortgage loans during the January - March quarter, down 58 % from the same period a year ago and down 23 % from the fourth quarter of 2013, according to industry newsletter Inside Mortgage Finance.

The average new - car loan rose to $ 31,099 during the fourth quarter of 2017, according to Experian, one of the three major credit - reporting agencies.

During the fourth quarter — October through December — the average cost of new - car loans for borrowers with the best credit (what the industry calls «super prime» borrowers with credit scores of 781 and above) was 3.17 %.

During the fourth quarter of 2012, only 4 percent of mortgage borrowers opted to lengthen their loan term; but another 69 percent kept the same loan term, according to Freddie Mac.

Freddie Mac reports that nearly one - third of all refinancing homeowners with a 30 - year loan opted to shorten their loan term during the first quarter of 2013.

FHA reports mortgage defaults of 90 days or more at 7.8 percent during the second quarter of 2009; year ago, the default rate for loans 90 or more days delinquent was 5.4 percent.

There are two ways of looking at this; the first is that the minimum required score of 500 isn't going to change things for many would - be borrowers of FHA loans; during the second quarter of 2010, no FHA loans were issued to those with credit scores below 500; one percent of FHA loans were approved for those with credit scores below 580, and the majority of borrowers receiving FHA loans had credit scores of 620 or more.

During the first quarter of 2012, this loan program accounted for roughly 30 % of all home purchase loans.

In the second to last paragraph of that Fox article, you'll see the following: «According to the New York Fed, 11 % of total student loan debt was at least 90 days delinquent or in default during the first quarter of this year.»

The average credit score for an approved FHA loan, according to the FHA, was 695 during the second quarter of 2013.

In addition, the Department of Education states that during the last quarter of 2015, over $ 176 million in wages were garnished from borrowers who had defaulted on their loan payment.

The total amount of credit market debt — which includes mortgages, non-mortgage loans and consumer credit — held by Canadian households increased to 162.6 per cent of disposable income during the quarter, from a revised 161.5 per cent in the previous quarter.

According to information from the Federal Reserve Bank of New York, the total U.S. student loan debt increased by $ 29 billion during the second quarter of 2016.

Indeed, during the first quarter of 2018, we saw a fair bit left amount of loan repricing than we did in the first quarter of 2017.

During the fourth quarter of 2009, the foreclosure inventory rate for prime loans reached 3.31 percent, FHA mortgage foreclosures were at 3.57 percent, subprime borrowers were at 15.58 percent and those in the VA loan were at 2.46 percent.

More than 75 % of FHA purchase money mortgages were made to first time buyers during the past year, while nearly half of all first time buyers received FHA mortgage loans during the second quarter of 2009.

Student loan debt may be preventing borrowers from buying a home, starting a family, and s aving for re tireme nt, but for Discover Financial Services, its helping it boost earnings and revenue.Late last week, Discover Financial Services reported a 13 percent jump in net income during the fourth quarter and a 4 percent rise in revenue.

Discover cited enhancements to its Discover Student Loan products and strong execution for the surge during both the quarter and the full year.

That's because the total balance of U.S. car loans hit a historic high of $ 1 trillion during the first quarter of 2016, according to Experian Automotive.

During just the second quarter of 2017, Low VA Rates has helped almost 5,700 veterans, lending over $ 1.3 million in home loans.

The number of mortgage loans on which lenders have started foreclosure has remained largely steady during the past three quarters, MBA statistics showed.

After increasing by $ 18 billion during the fourth quarter of 2013, auto loan debt was reported to total $ 863 billion at the end of 2013.

New foreclosures during the quarter rose in Maryland to about 1 % of all the loans surveyed by the bankers.

During the third quarter of 2017, significant items included restructuring expenses of $ 18.8 million, merger expenses of $ 2.4 million and a $ 4.0 million detriment to earnings due to the change in fair value in loan servicing rights, compared to merger expenses of $ 0.5 million and a $ 1.8 million detriment to earnings due to the change in fair value in loan servicing rights in the second quarter of 2017.

During the fourth quarter of 2013, student loan debt increased by a reported $ 53 billion.

This compression was offset by an increase of 9 basis points in yield on total loans in the third quarter of 2017 to 4.31 %, compared to the second quarter of 2017, primarily due to higher yields on originated loans and the benefit from interest rate adjustments on variable rate loans during the third quarter of 2017.

The loan share had been sanctioned to increase by 12.7 % during the third quarter of 2010 in comparison to what it was at the same time last year.

During the quarter, Navient said the Federally Guaranteed Student Loans segment saw a 4.2 percent decline year - over-year - hurt largely by reduced net interest due to amortization of the portfolio.

During the first quarter, subprime card loans increased 3 % over the same period last year, compared with 6 % growth in the prime segment, according to a recent research note from Autonomous Research.

SoFi handled over $ 3.1 billion in transactions dealing with student loans, personal loans, and mortgages during the second quarter of 2017.

JP Morgan Chase acknowledged in its third - quarter earnings report that cardholders opened 2.7 million new Chase credit card accounts during the period, while existing borrowers apparently had less trouble repaying their loans.

Higher income from operations on the back of increased loan disbursements for vendor financing, construction equipment, mortgages and consumer durables aided the company's earnings during the quarter.

During the first quarter, 3.55 % of all loans were at some stage of foreclosure, a 19 basis point drop from the last three months of 2012 and an 84 basis point decline compared to the same period a year ago.

As much as three - quarters of the subprime business during the boom times was for loan refinancing, for people who wanted to take the equity out of their homes with the assumption that home prices would continue to go up.

There were $ 175 million more retail loan delinquencies during the third quarter alone, or an...

A year ago, 32.4 percent of all borrowers had negative equity on their loan compared to 31.4 percent during the most recent quarter, Zillow reports.

Of home purchase loans in the U.S. during the second quarter of 2017, 22.8 percent included a co-signer, up from 21.3 percent in the second quarter of 2016 — according to a study by Attom Data Solutions, a property database in Irvine, Calif..

Nationally, loan originations increased 34 % to $ 18.8 billion in the first quarter of 2003, up from $ 14 billion during the same period a year ago, according to the Mortgage Bankers Association of America (MBA), which anticipates that figures for the second quarter will be equally as strong for loan production.