Sentences with phrase «lower equity underwriting»

Reduced demand for Canadian equities from Canadian investors will mean lower equity underwriting and trading revenues for Canadian investment dealers because it is unlikely to be replaced by increased foreign equity trading and underwriting by Canadian dealers.

Not exact matches

Equity underwriting revenues were lower because of a decrease in IPO volumes across the industry, the firm said.

Net revenues in both equity underwriting and debt underwriting were significantly lower than the third quarter of 2010, reflecting a significant decline in industry - wide activity.

The bank posted $ 1.6 billion in revenues from investment banking, down 7 % «driven by lower debt and equity underwriting fees, which were partially offset by higher advisory fees.»

The individualized attention, as opposed to automated underwriting, means that, if your credit score is low, you may still qualify for a loan if you have a good explanation of why your score is low and have compensating factors such as 25 percent or more in home equity or significant cash reserves in the bank that allow the lender to feel confident that you will repay the loan.

Because our underwriting guidelines are focused on equity, not borrower credit, we can accept borrowers with prior foreclosures, bankruptcies, and low credit scores.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

The financing included an $ 80 million, fully underwritten construction loan along with a low coupon preferred equity component from a life insurance company.

Since our underwriting guidelines focus on equity, not borrower credit, we are able to accept borrowers with low credit scores, prior bankruptcies, and foreclosures.