Sentences with phrase «recoup after default»

Our home equity lenders in Fort Erie are keen to avoid lending on a property with too much debt as it only means they might not recoup after default.
Banks make their lending decisions based on an individual's credit status to save them the trouble of trying to recoup after default.

Not exact matches

Hybrid vehicles used to be premium by default — developing new technology is an expensive investment that needs to be recouped, after all — but we're getting to the point that, while hybrid drivetrains are still improving, they aren't exactly new.
if a borrower defaults, after all, they recoup some money from mortgage insurers or in some cases by forcing originators to buy back the loan.
JCF Capital ULC, the closely held U.S. firm that holds the debt on the property, filed in October to sell the building to recoup funds after developer Talon International Inc. defaulted on debt payments.
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