Sentences with phrase «policies against a default»

Probably 8 out of 10 would say no for two reason: (1) the rating agencies gave high ratings to their lending activites and (2) the insurance companies (e.g. AIG) were giving them what they thought was a solid insurance policy against default.

Credit derivatives can be viewed against insurance policies against a default on a loan or a bond.

Not exact matches

Mortgage insurance refers to any insurance policy that protects lenders against the risk of a borrower defaulting on a mortgage loan.

Private mortgage insurance (PMI) is a special type of insurance policy that is paid by the borrower and protects lenders against loss if a borrower defaults.

Are you referring to the credit default swaps that U.S. banks hold, and the insurance policies they have written against European bond defaults?

Private Mortgage Insurance (PMI) is a special type of insurance policy, provided by private insurers, to protect a lender against loss if a borrower defaults.

Mortgage insurance, in general, describes an insurance policy which protects lenders against loan default.

Union funding of political parties also came under scrutiny, with Policy Exchange railing against the default position for union membership being a commitment to donation rather than allowing workers to «opt - in» if they so choose.

Mortgage insurance refers to any insurance policy that protects lenders against the risk of a borrower defaulting on a mortgage loan.

But the biggest advantage of these policies would be that the Canadian Mortgage and Housing Corporation would be provided more security against defaults.

The United States government used five primary ways to influence mortgages: 1) regulations, 2) monetary policy, 3) insurance to protect against bank defaults, 4) pseudo-government agencies and 5) government departments.

In the ABS market, a surety bond is an insurance policy typically provided by a rated and regulated monoline insurance company to guarantee securities holders against default.

The buyer of such a policy pays a premium to the insurer, for protection against the default of a bond.

• Buy a policy that includes coverage against «financial default» by the carrier.

However, the court would review the following four issues if challenged by the respondent: (1) whether the foreign court lacks jurisdiction pursuant to Taiwanese laws; (2) whether a default judgment is rendered against the losing defendant, but the notice or summons of the initiation of action had been legally served in a reasonable time in the foreign country or had been served through judicial assistance provided under the Taiwanese laws; (3) whether the performance ordered by such judgment or its litigation procedure is against Taiwanese public policy or morals; and (4) whether there exists no mutual recognition between the foreign country and Taiwan.

Trip cancellation and interruption coverage can be bought to protect yourself against an airline's bankruptcy or default; however not all policies offer it.

The policy provides protection against any default of a line of credit given to a foreign buyer for importing machinery and equipment from India.

Companies can't insure themselves against financial default, so policies purchased through a tour operator or cruise line won't cover you if the company goes out of business or files for bankruptcy.

Each provider might have a different idea of what a default policy is, so be careful not to just opt for the cheapest plan until you have compared it against the others to examine the coverage it contains in addition to the price.

But with Private Mortgage Insurance, lenders require you to buy a policy in order to protect them (the lenders) against the possibility that you will default on the debt.

If you are unable to pay your rent and your co-signer defaults on their financial responsibility, you will be unable to file a claim against your Richland renters insurance policy to pay the rent.

What is more readily available are lender insurance policies that protect against two unlikely events: borrower defaults and the environmental costs being higher than expected.

So, to protect lenders against potential loss in case of default, higher LTV loans (80 % or more) usually require a mortgage insurance policy.

Mortgage Insurance A policy that insures the lender against loss caused by a mortgagor's default on a mortgage.