With the meltdown of the real estate market in the US as a result of poor lending practices, the «powers that be» in Canada, namely our Finance Minister, quickly needed to
rein in the lending criteria for Canadian lenders.
LONDON, June 22 (Reuters)- French and German banks may be forced to turn to the European Central Bank to plug a short - term funding gap if cautious U.S. investors continue to
rein in lending on fears of potential losses from a Greek debt default.
They've limited the number of homes Chinese can buy, restricted many state - run companies from buying up land, and ordered banks to
rein in their lending, yet still prices continue to rise.
A higher rate of IOER thus serves as a substitute, when it comes to
reining in lending, spending, and inflation, for reducing the total available quantity of bank reserves, as the Fed might do by selling - off some of the assets it acquired in the course of three massive rounds of Quantitative Easing.
The process of borrowing money from banks is fraught for these operators as banks
reined in their lending after the 2007 economic crisis.
Not exact matches
Reflecting that tricky balancing act, authorities are already warning China's banks to
rein in new
lending growth after the strong start to the year, financial magazine Caixin reported late on Monday, citing banking sources.
Working with a warm if pasteurized visual palette, Van Sant gives free
rein to his Romantic side,
lending the characters an anachronistically intense yearning that hints that they're
in limbo not just between spiritual states, but between centuries.
«The bank regulators have been criticized for failing to stop unsafe
lending during the housing boom and for pre-empting state attempts to
rein in predatory
lending.
Banks and traditional lenders have tightened the
reins on
lending processes
in the years following the recession; most won't
lend on a fix and flip venture because they prefer to finance properties intended to be held for years to come.
6) Got ta love OFHEO, which is trying to
rein in the GSEs during a
lending crisis.
This has been influenced by tougher
lending rules which have
reined in the housing market — including the Mortgage Market Review (MMR) and subsequent actions by the Financial Policy Committee (FPC)-- along with a degree of uncertainty ahead of the election.
The LFTA would also help
rein in lawsuit
lending, where lenders provide «up - front» cash to individual plaintiffs to cover immediate living or medical expenses during litigation.
One of the lessons of the mortgage market meltdown is that banking regulators weren't doing enough to
rein in bad
lending practices.
«The annual increase marks a crucial turning point because it comes after the federal government
reined in bubble - era policies that encouraged banks to ease
lending standards to boost homeownership.
New home prices also continued to rise
in October as the red - hot Toronto market offset cooling elsewhere, extending the long boom
in Canadian house prices even as analysts brace for a slowdown after government moves to
rein in mortgage
lending.