Sentences with phrase «many outstanding loans»

Banks had $ 287.64 billion in outstanding loans to small businesses as of Dec. 31, up 1.4 percent from a year earlier, according to the Federal Deposit Insurance Corp..

When the homeowner dies, moves or sells the house, the balance of the outstanding loan is due to the bank.

It's nearly outpacing mortgage lending for the first time since the 1980s, the Wall Street Journal reports, and it accounts for 21 percent of all outstanding loans from banks.

Outstanding loans for companies and households stood at a record 207 percent of gross domestic product at the end of June, up from 125 percent in 2008, data compiled by Bloomberg show.»

Loans directly related to the energy industry make up 5 % of CWB's total outstanding loans, compared with just 2 % for many of its competitors.

According to human resources consulting group Aon Hewitt, about 24 % of 401 (k) accountholders had outstanding loans against their bank balances at the end of 2016 — not a great sign for their future retirement security.

NMG may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

NMG may voluntarily reduce the unutilized portion of the commitment amount and repay outstanding loans at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

We may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

(g) There are no outstanding loans or indebtedness involving the Company, on the one hand, and any of the Company Stockholders, on the other hand.

Repayment may extend up to ten years or up to 30 years for borrowers with a large outstanding loan balance.

At the time outstanding loan balances are forgiven, a borrower is taxed on that amount as income.

The panel is based on credit report data collected by Equifax (one of the three credit bureaus in the United States) and it contains information on all outstanding loans — including mortgages, auto and student loans, and credit card debt — at the individual consumer level.

The interest rate offered on consolidated federal student loans is fixed but varies for each borrower because it is the weighted average of the interest rates on outstanding loans included in the consolidation, rounded up to the nearest one - eighth percent.

If you decide not to pay interest, the interest will be added to the outstanding loan.

Student loan forgiveness is the process of having outstanding loan balances canceled after a period of on - time, consistent monthly payments.

Any borrowers on the PAYE program has the option to request forgiveness of outstanding loan balances at the end of 20 years of on - time, consecutive payments.

Also, forgiveness of federal student loan debt is taxable as income in the year outstanding loan balances are canceled.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

This chart is collectively all outstanding loans at each lender, and breaks down performance for each year.

There are no taxes if you take out a policy loan, so long as the policy remains in effect (meaning the outstanding loan and interest don't exceed the cash value).

The lender will also accept borrowers who already have outstanding loans.

If interest is capitalized, your total outstanding loan balance will increase, which means more interest will accrue on your loans each day.

Expediting student loan repayment starts with finding realistic methods to pay more toward the principal balance of the outstanding loans.

The company doesn't require you to pay off an outstanding loan before applying and will even buy out an existing loan.

Debt Limits: Maximum Number of Outstanding Loans at One Time: Not Specified Rollovers Permitted: Two (renewals) Cooling - off Period: Repayment Plan: Yes (Up to 6 months; no extra fees; must pay 5 % of balance due when plan signed.)

This means that in the event that a borrower fails to repay, we would seek to recover the outstanding loan by selling the property and passing the proceeds on to investors.

In this case, our hypothetical borrower would have $ 45,962 in outstanding loan debt forgiven after writing 240 monthly checks over two decades in PAYE or IBR for new borrowers.

When Johnson finally declared bankruptcy early this year, her two outstanding loans had face values of $ 3,510 and $ 2,970.

Combined outstanding loan balances of at least $ 25,000 from all of your Regions personal installment loans, lines of credit, equity lines of credit, equity loans, direct loans and credit cards in good standing

In terms of taxation, the excess of the cash surrender value of the policy (plus any outstanding loans) over your basis in the contract is treated as taxable income.

While this will look different for everyone, the total amount of debt you need to keep track of includes any outstanding loans or balances you or your spouse are responsible for.

The annual mortgage insurance premium (the annual MIP) is set at.85 percent of the outstanding loan balance.

(a) Average of nominal interest rates on outstanding loans (fixed and variable); pre terms of trade boom average is 1993/94 — 2002/03; year - ended observation is the June quarter 2016 average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — 2002/03

The reason for 60 days is that this is the deadline to complete an indirect rollover into a new retirement account (if your employer were to cash out your entire balance and hand you a check) and pay back any outstanding loans on your 401 (k)(if not paid, they become taxable income and may even trigger penalties).

A bank can foreclose on a home that has $ 100 in outstanding loans as easily as it can take a home with $ 1 million in outstanding loans — in fact, much easier.

Non-conforming loans in Australia accounted for only about 1 per cent of outstanding loans in 2007, well below the 13 per cent sub-prime share in the US (Graph 12).

Comparing investor loans with owner - occupier loans, we can see that investors have a larger share of outstanding loans with current LVRs of 75 per cent or higher.

2 Average of nominal interest rates on outstanding loans (fixed and variable).

Pulling this all together, the average interest rate paid on all outstanding loans has increased since late last year, but only by about 10 basis points.

Actual rates paid on outstanding loans differ from these for a few reasons.

According to Picard, Levy had $ 188 million in outstanding loans in 1996, which he used to funnel money into Madoff investments.

If your outstanding loans are greater than your estate, they will typically not be transferred to family members.

This is the third time in the past four years that the government has had to write off outstanding loans for reasons that include bankruptcy, the six - year legal limit on collection and debtors who can no longer be found.

The less debt accrued or outstanding loans required to begin or maintain their business allows veterans more opportunity to focus on managing their companies and optimizing their products and services.