Sentences with phrase «potential loan losses»

Not exact matches

And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years.

It also means setting up allowances for valuation against potential losses resulting from claims currently before the court, environment liabilities, employee future benefits, aboriginal land claims, concessions relating loans and loan guarantees, tax receivables and payables, among others.

Their banks are well capitalized and positioned to pick up the slack from Chinese banks that are facing loan losses and potential recapitalization.

The Public Accounts / Budget include provisions with respect to certain liabilities, such as environmental liabilities, potential losses resulting from court cases, potential losses on loans and loan guarantees, etc. even though no cash payments have been made.

Bottom - line regarding using a 401 (k) for debt consolidation: The tax consequences and potential investment losses that come from accessing your 401 (k) for a debt consolidation loan make it one of the last options you should consider.

To insure against potential losses, FHA loans require a monthly mortgage insurance payment separate from homeowners insurance.

Private mortgage insurance (MI) enables these borrowers to qualify for a conventional loan by insuring the lender against potential losses in the event a borrower is not able to repay the loan and there is not sufficient equity in the home to cover the amount owed.

If you are financing the purchase of a trailer from a bank, the lender will most likely require you to have insurance on the trailer to cover potential loss until you pay off the loan.

Career changes, a job loss or new debts can pop up at any time, sending a potential loan off the rails.

In the latest quarter, Home Capital set aside $ 3.2 million to cover potential future loan losses, down 27.0 % from $ 4.4 million.

Prosper Ratings allow potential investors to easily consider a loan application's level of risk because the rating represents an estimated average annualized loss - rate range to the investor.

There are many investors who take advantage of the secondary markets to recapture some of the potential losses from late loans.

If the borrower isn't able to pay back the loan, this creates a great deal of extra work, stress and potential financial loss for the lender.

This covers the bank's potential losses on your mortgage loan, and while it protects your home, your beneficiary receives nothing.

China's slowing economy has exacerbated the gloomy sentiment about the world's most populated market and sparked worries about massive job losses amid potential company collapses and loan defaults.

Realities: The Wall Street and mortgage loan debacle The resultant loss of faith in our economic system and negative stock market reactions The «pucker factor» experienced by many employers and potential candidates about an unsure future.

To offset potential losses from failed construction loans, regulated institutions are now required to set aside increased capital for High Volatility Commercial Real Estate (HVCRE) loans — those made to finance the acquisition, development or construction of real estate.

Because the potential loss on this type of capital is far higher than a traditional loan, the interest rates will also be higher as a result.

Larger loans are riskier than smaller ones, for the simple fact that there is more money involved and therefore a higher potential for loss.

We could not find another bank to pay off this loan and were faced with the potential loss of the keystone piece of our infill development.

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

That's because high - ratio loans must be insured against default (by CMHC for example) and once they are, a lender's potential for loss is minimized.

Definition of a large loan: If you live near a major urban centre, lenders consider a mortgage in the $ 750,000 range to be a large loan and if you need to borrow more than that, they will invoke a sliding scale to limit their potential loss.