Sentences with phrase «meet mandated reserve»
This is the short - term interest rate at which U.S financial institutions (such as banks, credit unions, and others in the Federal Reserve system) lend money to each other overnight in order to meet mandated reserve levels.
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To recoup lost money — and to meets its federally - mandated 2 % reserve requirement — the FHA was forced to raise its mortgage insurance premiums five times in 5 years.
To recoup lost money — and to meets its federally - mandated 2 % reserve requirement — the FHA was forced to raise its mortgage insurance premiums five times in 5 years.
It contributes significant revenues to the City's general reserves while successfully meeting its mandate to provide safe, attractive, conveniently located and competitively priced off and on - street public parking, required by commercial strips and neighbouring residential areas to survive.
Reinsurance (essentially insurance for insurance companies) and government - mandated minimum cash reserves guarantee that life insurance companies always have enough money on hand to meet their financial obligations (i.e., paying death benefits).
«These modest increases are one of several measures we are taking towards meeting the congressionally mandated 2 % reserve threshold, while allowing FHA to remain a valuable option for low - to moderate - income borrowers.»