Sentences with phrase «on mortgage assets»

Their general objective is to earn a profit from their net interest margin, or the spread between interest income on their mortgage assets and their funding costs.

Their general objective is to earn a profit from their net interest margin, or the spread between interest income on their mortgage assets and their funding costs.

This means that prices fall until balance sheet players with unencumbered cash find it sufficiently attractive to take on the mortgage assets.

Not exact matches

Sitting on the network was Accurate's most valuable asset, a powerful suite of mortgage - servicing software capable of managing thousands upon thousands of real estate transactions.

But experts tapped by Scotia to value National's mortgage assets couldn't agree on their real value.

The result is an increase in carve - out deals, add - on acquisitions, and more firms building their own businesses around assets like wireless towers or servicing mortgages.

Securitized assets such as mortgages, properties or whole businesses, are another way of reducing risk as lenders are higher up the capital structure, and management is restricted on what can happen to the assets.

Most agree that banks need to have more cash, or capital, available to ensure they do not default on their obligations when the value of their other assets plunge, as happened during the recent mortgage crisis.

In 2007 Mulally borrowed $ 23.6 billion by mortgaging all of Ford's assets, including the famous Ford Blue Oval, and acted decisively to focus on the Ford brand by spinning off Jaguar and Land Rover.

Gross kept mortgage securities as his biggest holding at 53 % of assets, according to the report posted Wednesday on the PIMCO website.

The FOMC's annoucement after their meeting on Wednesday affirmed the Fed's QE3 policy, offering no changes, while stating, «If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.»

With the ending of the stimulus funding and the repayment of the principal on assets maturing under the Insured Mortgage Purchase Program, the federal government's new borrowing requirements are falling dramatically.

At the end of a bull market, signs of excess are typically obvious for those willing to see them — a flurry of initial public stock offerings rising 100 % on their first day trading, or no - income, no - asset mortgages to home buyers.

Even as the Federal Reserve reduces its investments in mortgage - backed securities, there are good reasons to be bullish on these assets.

In an effort to restart the securitization market, on November 25, the Fed announced the Term Asset Backed Securities Loan Facility (TALF).14 In December, the FOMC announced that it would begin to significantly expand its balance sheet through purchases of long - term assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP program.

Among the likely changes to Dodd - Frank: raising the threshold for tougher oversight from the current $ 50 billion in assets to $ 250 billion; exempting small banks from the so - called Volcker rule, which currently bars them from speculative trading; reducing the amount of financial reporting, particularly racial and income data on mortgage holders; lowering the frequency of regulatory exams; and easing the conditions of stress tests.

Moreover, to support a stronger economic recovery, the FOMC is purchasing long - term Treasury securities at a rate of $ 45 billion per month and agency mortgage - backed securities (MBS) at a rate of $ 40 billion per month, and will continue purchasing assets until it sees substantial improvement in the outlook for the labor market, conditional on ongoing assessment of benefits and costs.

Rising house prices have shielded the reality of increasing ownership costs, but households can't live on asset appreciation, unless they sell, take a reverse mortgage, or a line of credit against their house.

As investors left the housing market in the run - up to the meltdown, Wall Street sliced up and repackaged troubled assets based on those shaky mortgages, often buying those new packages themselves.

12) To better secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.

Now, in addition to developing relationships and winning assets, they are advising clients on products that are more akin to banking, such as home loans and mortgages.»

And would asset sales, should they occur, include both mortgage - backed securities (MBS) and Treasuries or would the Fed initially focus on a single asset class?

The Fed's policies can have an indirect effect on long - term mortgage rates by shifting investor demand from one asset class to another.

The 2008 financial crisis, on the other hand, was triggered in part by subprime mortgages — essentially, loans given to homeowners unlikely to be able to pay them back — and investment vehicles based on them in which these toxic assets were bundled and often hidden.

I actually think something else is going on here — rather than talking about regulating the financial sector, the government and the Bank are signaling that they are willing to provide lender - of - last - resort assurances to those who sell or engage in derivative financial products, of which the asset - back mortgage and commercial debt are but two examples.

Rather, they are based on an asset called mortgage - backed securities, or MBS, which are traded just like stocks on the open market.

Even with the required private mortgage insurance when putting less than 20 % down, you can get a better return on your money in non-equity assets.

Sector peers Old Mutual PLC (LON: OML) and Scottish Mortgage Investment Trust PLC (LON: SMT) gained on the news as Lloyds said it was searching for a new partner to manage the assets.

Investors have taken notice: inflation is headed higher, and interest rates on mortgage - backed assets must rise as well.

Note that if you have joint bank and investment accounts, this money can be used for your down payment and counted as an asset on your mortgage application.

U.S. mortgage rates rise and fall based on demand for these assets.

Modifications and foreclosures force a restatement of the asset on the balance sheet, and in the current environment, the ability to obscure valuations appears to be a primary reason for the growing gap between delinquencies and foreclosures, as well as the reluctance of banks to modify mortgages.

This wouldn't be as catastrophic as the mortgage crisis, but it could have an exaggerated affect on retirement incomes for the elderly as they are generally advised to invest in lower risk assets.

Mortgage Lender Escrow Requirement Exemption — Vote Passed (294 - 129, 8 Not Voting) The House passed the bill that would exempt lenders with assets of $ 10 billion or less from the 2010 financial regulatory overhaul requirement that such lenders establish escrow accounts for the first five years of so - called «high - priced» mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan Mortgage Lender Escrow Requirement Exemption — Vote Passed (294 - 129, 8 Not Voting) The House passed the bill that would exempt lenders with assets of $ 10 billion or less from the 2010 financial regulatory overhaul requirement that such lenders establish escrow accounts for the first five years of so - called «high - priced» mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan is made.

Plenty of ideas are being bandied about such as bringing Fannie Mae and Freddie Mac in some way, or banks to take on more of the risk of the falling value of the mortgage - backed assets.

Andrew Cuomo aggressively promoted subprime mortgages, which turned into NINJA (No Income, No Job and No Assets) loans, even while acknowledging that the default rate on these loans would likely be greater than on standard loans.

On the whole, university loans are of a traditional mortgage nature, with funds secured against assets although there have been instances of more complex arrangements including debentures and securitisation of residential income streams.

Since a HECM reverse mortgage is a non-recourse loan and it is secured by placing a lien on your home, you are protected from having any of your other assets taken as repayment for the loan.

Compressed valuations in agency mortgage - backed securities and the tail risk from the uncertain impact of Fed balance sheet normalization keep us neutral on the asset class.

Credit, income and assets certainly come into play when assessing mortgages, but the best product for you can depend on a number of variables.

Note that if you have joint bank and investment accounts, this money can be used for your down payment and counted as an asset on your mortgage application.

The demise of stated income loans (and stated assets loans, and stated employment loans, and all the other fog - a-mirror mortgages out there) has focused folks on income again.

Unless you absolutely, positively plan on paying it off immediately, putting a car down payment or even a mortgage down payment on a credit card completely goes against the purpose of the down payment, which is to increase your equity in the asset.

Lenders want to see that you've made on - time rent payments or that you have solid assets while living rent - free, which can lessen any «payment shock» that can come with suddenly having a monthly mortgage payment.

Another important item that needs to be accurate on the mortgage application and well documented are your total liquid assets.

It has also changed its underwriting to put more emphasis on income and less on assets, so in some cases you may be able to get approved for a Fannie Mae loan more easily than an FHA mortgage and vice versa.

The company had only three lines of business, and two lines representing 60 % and 20 % of the assets of the firm were full up on mortgages.

From these assets, you will have to subtract your liabilities — the amount remaining on your mortgage, your credit card debt, other loans.

Based on your specific situation, your lender is in the best position to answer this question, but at a minimum you will need your current mortgage information and evidence of your assets and income.

A debt consolidation loan can take the form of a second mortgage on your home (also called a home equity loan), a line of credit or a bank loan secured by some other asset or guaranteed by a family member or friend.