Sentences with phrase «on local borrowers»

Most of his lending focuses on local borrowers with whom the bank has a relationship, although he is working with a few national developers.

Not exact matches

The notice, which calls on local authorities to «create and refine platforms for exposing defaulted borrowers» by the end of the year, was jointly issued by China's Supreme People's Court, the Chinese Communist Party's Publicity Department and the China Banking Regulatory Commission, according to the state - run Xinhua News Agency.
That means that local lending to individuals based on «relational» banking — with lenders being aware of borrowers» reputation, credit history and trustworthiness in the community — has dropped, according to a Baylor study published in the journals Rural Sociology and International Innovation.
Janet Vaughan Robertson's practices focuses on the public finance arena and she is a highly respected bond counsel, underwriter counsel, credit bank counsel, borrower counsel, issuer counsel and trustee counsel in connection with multi-million dollar municipal and conduit bond issues for school districts, charter schools, private schools and local government.
Prior to 2011, e-book borrowers were able to check out several formats of e-books from their local libraries — including ePub, the free, «universal» e-book standard set by the International Digital Publishing Forum (IDPF) since 2007, used by Kobo, Barnes & Noble, Sony, and Google Books.50 However, e-book borrowers could not check out books on Amazon's Kindle, the predominant e-reader at the time.51 In 2011, however, Amazon partnered with OverDrive, and in September 2011 library patrons who own Kindles were able to borrow Kindle books from public and school libraries in the United States.52
Local banks and online lenders might also extend personal loans to borrowers with bad credit, based on alternative lending criteria or by accepting some form of collateral.
All borrowers listed on an application must visit a local branch to apply, and approval can take place in as little as one business day.
The reason for such help is not because some home buyers didn't lie on their loan applications, or because some lenders didn't look the other way when borrowers were patently unqualified for big loans, or that banks and brokers on Wall Street were not obligated to check the value of securities and properly report them, rather it was a matter of self - interest — fewer foreclosures mean less downward pressure on local home values, including the value of your home and mine.
You see, many Eastern European borrowers like the idea of borrowing in Swiss francs or Euros, because the nominal interest rate is currently drastically lower than what they'd pay on a local currency loan.
For feedlot / dairy operations feeding a byproduct of an ethanol or biodiesel facility: Borrowers are eligible for an interest buydown of up to 4.00 % which may be used to reduce the borrower's interest rate on loans made by a local lender and BND, subject to a minimum rate of 1.00 % to the borrower.
A bank personal loan provides one - on - one local service to borrowers who would like to request a loan in person at their local bank.
Borrowers on the platform are called members and have access to perks such as career strategy services, customer support seven days a week, and invitations to local SoFi events (they're known for dating events!).
• A reverse mortgage lender must give the borrower a statement prepared by the local or county office on available independent counseling and information services.
Government bond market fluctuations have renewed concerns about rising mortgage rates and may prompt borrowers to take more notice of what mortgage lenders are charging on a local level.
Programs such as LendKey work to match borrowers with over 13,000 local financial institutions who may offer a lower interest rate on necessary financial services.
Under this program, borrowers who have made 120 qualifying monthly payments while working full - time for a federal, state, or local government organization or a tax - exempt non-profit are eligible for forgiveness of the outstanding balance on their loans.
If the local bank or credit union wants to participate on a loan with BND or the borrower wants to access a BND program, the request comes through the lead financial institution, not the borrower.
Instead of settling for local lenders, the borrower can access funders across the world, adding more competition on interest rates.
conducted research on deceased borrowers and heirs using Westlaw and local county online services prepared contact letter to heirs drafted correspondence and pleadings for creditor's administration and requests to the underwriter to insure around deceased borrower coordinated with attorneys, dependent administrators and local counsels with hearings updated to clients with status of loans handled by the firm performed title reviews and determine if title claims are needed for prior liens, missing conveyances, legal discrepancies referral administrator.
Meanwhile, a study of 71,000 home loans by University of North Carolina researchers reveals that mortgages on energy - efficient properties are 32 percent less likely to default — even after controlling for the borrower's income, credit scores, home values, and local utility costs.
Comment; as to an active lender, often they will have better data on local business operations than a borrower does.
«There is an unmistakable «skin in the game» connection; we find that these borrowers are typically local and hands - on, and that makes a difference.»
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