Sentences with phrase «of vulnerable borrowers»

Too many borrowers are still stuck with predatory loans from the past, These predatory loans were unsustainable and unaffordable for a vast number of vulnerable borrowers.

Unscrupulous lenders are always around to take advantage of vulnerable borrowers.

Not exact matches

Lower interest rates, the report noted, could provide some cushion for debt servicing to vulnerable firms with an interest cover between 1 and 1.75 - comprising around 15 percent of the total debt of top 500 listed borrowers in fiscal 2015.

For consumer advocates, it was the culmination of over a decade of effort and a badly needed measure to protect vulnerable borrowers.

Richard Cordray, director of the Consumer Financial Protection Bureau, commented, «Subprime [auto] borrowers may be more vulnerable to predatory practices, so direct oversight of their lending practices is essential.»

Finally, by allowing the size of the Fed's balance sheet — formerly a crucial determinant of the Fed's monetary policy stance — into a «free parameter,» the new set - up makes the Fed vulnerable to the Treasury's importuning, if not to that of other borrowers.

Lenders claim this is acceptable, partly because they are vulnerable without credit checks, and partly because the speed of approval is an advantage for borrowers.

According to Market Watch, some of the most vulnerable student loan borrowers have been set up to fail.

There would be a great risk of leaving millions of borrowers vulnerable to poor quality servicing.

«High touch servicing» which would ensure that vulnerable borrowers and borrowers at risk of defaulting get extra help in order to stay out of default.

In recent years, Texas and other states investigated and prosecuted a number of student loan industry abuses, winning settlements in the tens of millions of dollars for vulnerable student borrowers.

«They are trying to take the teeth out of enforcement, and it's going to have a big impact on the most vulnerable student borrowers, who are being misled and bankrupted.»

«Taken together, these practices prevented some of the most financially vulnerable borrowers from securing some or all of the benefits of plans that were intended to ease the burden of unaffordable student debt.»

We never want to put any of our borrowers in a vulnerable position.

Instead of just saying it's not easy to save vulnerable borrowers, HUD has made the FHASecure program «successful» by counting any conventional loan applicant with at least one lung.

Long story short, there are plenty of illegitimate «solutions» offered to vulnerable and desperate student loan borrowers that simply aim to scam someone out of their money.

NCLC has been arguing for years that taxing these discharges is grossly unfair to some of the most vulnerable student loan borrowers.

If you have been sued by Iver Capital for payday loan debt, then beware of payday loan debt relief «companies» who often prey on vulnerable borrowers already in debt.

That said, while 40 per cent of high - ratio borrowers opted for a 30 - year amortization over the last year, the vast majority of these borrowers could have qualified using a 25 - year amortization anyway, so this change should only affect marginal borrowers who would have been the most vulnerable to rate rises in future.

• Target vulnerable borrowers to cash - out refinances offers when they know borrowers are in need of cash due to medical, unemployment or debt problems.