Sentences with phrase «other credit enhancements»

Collateral for CMOs consists primarily of mortgage pass - through securities or mortgage loans, but may also encompass letters of credit, insurance policies, or other credit enhancements.

So long as there is sufficient other credit enhancement such as subordination, mortgage insurance only affects the lower rated tranches of the RMBS, which in turn only account for a few percentage points of the value of an RMBS.

Neither the preliminary rating opinion letter nor the credit ratings should reflect the use of bond insurance or other credit enhancement that does not also secure the TIFIA credit instrument.

Not exact matches

The consumer will incur a surrender charge, be subject to the commencement of a new surrender period, lose existing benefits (such as a higher crediting guarantee than is currently available, as well as death, living or other contractual benefits), or be subject to increased fees, investment advisory fees or charges for riders and similar product enhancements;

Other sustainability and development programs that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Finger Lakes.

The industry's transparent, risk - adjusted capital requirements set it apart from other forms of credit enhancement, and that stability — coupled with 60 years of experience insuring high LTV - residential mortgages — puts it in a unique position to support the expansion of homeownership.

Radian Group, Inc. is a credit enhancement company with a primary strategic focus on domestic residential mortgage insurance on first - lien mortgage loans and other products and services to the mortgage and real estate industries.

Financial guarantee insurance and other forms of credit enhancement also compete in nearly all instances with the issuer's alternative of foregoing credit enhancement and paying a higher interest rate.

Financial guarantee insurance also competes with other forms of credit enhancement, including senior - subordinated structures, credit derivatives, over-collateralization, letters of credit and guarantees (for example, mortgage guarantees where pools of mortgages secure debt service payments) provided by banks and other financial institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded by one or more of the major rating agencies.

Other highly rated institutions, including pension funds and government sponsored entities, also offer third - party credit enhancement on asset - backed and municipal obligations.

-- Most CLOs offer additional loss protections: i) Credit enhancement — credit insurance / guarantees, ii) Excess spread & reserves — a positive interest spread's earned, which may be used to build loss reserves, iii) Overcollateralization (O / C)-- the CLO sponsor adds additional collateral, say an extra $ 5 mio for every $ 100 mio of assets, and iv) Early amortization — an increased level of defaults, and / or certain other events, may trigger an accelerated repayment of principal (AAA notes have priority, of coCredit enhancement — credit insurance / guarantees, ii) Excess spread & reserves — a positive interest spread's earned, which may be used to build loss reserves, iii) Overcollateralization (O / C)-- the CLO sponsor adds additional collateral, say an extra $ 5 mio for every $ 100 mio of assets, and iv) Early amortization — an increased level of defaults, and / or certain other events, may trigger an accelerated repayment of principal (AAA notes have priority, of cocredit insurance / guarantees, ii) Excess spread & reserves — a positive interest spread's earned, which may be used to build loss reserves, iii) Overcollateralization (O / C)-- the CLO sponsor adds additional collateral, say an extra $ 5 mio for every $ 100 mio of assets, and iv) Early amortization — an increased level of defaults, and / or certain other events, may trigger an accelerated repayment of principal (AAA notes have priority, of course).

He handles bankruptcy and non-bankruptcy workouts throughout the United States, and advises clients on operational matters, credit enhancements, and other landlord / tenant issues.

Sean also represents issuers in pass through and other forms of securitization transactions, many of which utilize various forms of credit enhancements.

We represent major secured and unsecured lenders, creditors» committees, credit enhancement providers, debtors, and various other interested parties in finance transactions, workouts and bankruptcy matters.