Sentences with phrase «purchase loan pools»

However, Goldman did not put Fremont on its «no bid» list and continued to purchase loan pools from Fremont during the period Fremont's EPD claims remained unpaid.

Not exact matches

In those deals, crowdfunders like RealtyShares pool loans that a real estate firm then uses to purchase real estate.

Individual investors then purchase these securities and receive the cash - flows from the underlying pool of auto loans, minus an administrative fee that Investment Firm X keeps for itself.

FHA's method, Technology Open To Approved Lenders (TOTAL), had a fraud rate of 3.76 percent out of a pool of 20,000 FHA loans used for home purchases from 2009 and 2010.

For veteran homebuyers and their agents, having a pool is an additional consideration when purchasing a home with a VA loan.

To finance these purchases, they package the loans into pools and then issue securities against them.

We are currently trying to purchase an inground swimming pool and can not get a loan.

Asset - backed securities, called ABS, are bonds or notes backed by financial assets other than residential or commercial mortgages — an investor is purchasing an interest in pools of loans or other financial assets.

These mortgage loans are purchased from banks and pooled by institutions and issued as securities.

Oversaw more than 25 litigation matters involving workout and foreclosure of properties in pool of distressed loans purchased from FDIC.

PROFESSIONAL EXPERIENCE American Portfolio Mortgage Corp., City, ST (1997 to 2007) Account Executive 2006 to 2007 Provided strategic account and loan analysis for purchasing mortgage loans from a pool bidding process with cents on the dollar, and dealt with banking and mortgage company C - Level executives, one - on - one.

In those deals, crowdfunders like RealtyShares pool loans that a real estate firm then uses to purchase real estate.

So Blackrock and others are buying large pools of loans, great, it takes them a long time to go through what they purchase.