Sentences with phrase «risks of policy loans»

Not exact matches

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

We believe that our pledging policy effectively mitigates the risk that forced sales of pledged shares could prompt a broader sell - off or further depress a declining stock price, while providing our officers and directors with reasonable flexibility to use their FedEx shares as collateral for loans for needed liquidity and encouraging them to retain substantial ownership of their shares.

Measured across all loan products, and taking into account changes in customer risk margins, however, it seems that interest rates paid on average by small businesses have increased by a little less than the rise in interest rates directly due to the tightening of monetary policy.

What I was saying regarding Diarra was in context: In January, with Flamini's future far from assured and the risk of him leaving in the summer, and with gilberto completely flat and devoid of confidence, perhaps an insurance policy of a loan deal to Pompey with a view to a permanent deal might not have been a bad idea.

However, if you're unable to pay the policy loan's annual interest and the policy lapses, you run the risk of losing coverage and having a large tax payment.

Although FHA must balance its policies to minimize risk while achieving its missions, accurately evaluating borrowers» ability to pay a mortgage loan should continue to depend on verification of employment, assets, and allowing applicants to explain gaps in employment, or reasons for previous credit problems.

Here is a roundup of news surrounding recent developments in President - elect Donald Trump's housing policy, key legislative proposals and also reports on the benefits of front - end credit risk sharing with deep cover mortgage insurance, and a new USMI blog post on unnecessary upfront risk fees (loan - level price adjustments) imposed by Fannie Mae and Freddie Mac.

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

Once 20 % of the principal balance of a loan is paid off, or a borrower owns 20 % of the equity of their home, borrowers are no longer considered a high default risk and can request that the mortgage insurance policy be cancelled.

This insurance policy lowers the risk of the lender so that you can qualify for a loan that you might not otherwise be able to -LSB-...]

This insurance policy lowers the risk of the lender so that you can qualify for a loan that you might not otherwise be able to get.

How about a world - wide disaster built on fake loan applications, predatory mortgages, massive prepayment penalties, insurance policies without reserves, grossly ineffective regulation and levels of risk which could not possibly be sustained.

A servicer has flexibility to determine such policies and procedures and methods in light of the size, nature, and scope of the servicer's operations, including, for example, the volume and aggregate unpaid principal balance of mortgage loans serviced, the credit quality, including the default risk, of the mortgage loans serviced, and the servicer's history of consumer complaints.

Kiad, Panama / Amsterdam / Bogota — Last Friday, a long - awaited report by an independent panel found that FMO and DEG, the Dutch and German development banks, violated their own policies by failing to adequately assess the risks to indigenous rights and the environment before approving a US$ 50 million loan to GENISA, the developer of the Barro Blanco hydroelectric project in Panama.

The New York Times recently shed light on yet another important aspect of gas drilling leases, that U.S. Department of Agriculture rural housing loans are being routinely granted on properties with oil and gas leases using a so - called «categorical exclusion» from the National Environmental Policy Act (NEPA), although such exclusions are only supposed to apply to properties without environmental risks.

If a policy loan isn't repaid, interest can significantly cut into the death benefit, which can put the policy at risk of not providing any money to beneficiaries.

The declarations / information page includes the policy number, the effective dates, the details of the cars covered on the policy, the lienholder (if you have a loan on the car), the coverages, coverage limits, your premium, risk classifications and any discounts or surcharges.

One way to increase availability while reducing risk has been to require the attachment of a life insurance policy to the loan.

However, if you're unable to pay the policy loan's annual interest and the policy lapses, you run the risk of losing coverage and having a large tax payment.

There is a risk of policy lapse if the premiums are not paid, which would result in the loans being taxed.

Premium financing involves certain risks, since, for example, the loan's interest rate and the growth of the insurance policy's cash value can often fluctuate.

Borrowing from your life insurance policy requires cautious planning and monitoring of your loan balance and cash values or you might risk losing your policy.

Once 20 % of the principal balance of a loan is paid off, or a borrower owns 20 % of the equity of their home, borrowers are no longer considered a high default risk and can request that the mortgage insurance policy be cancelled.

Loans with UL policies greatly increase the risk of policy lapses.

In other situations, though, the policy may have an outstanding loan, which potentially undermines the internal rate of return (as loan interest compounds) and can increase the risk that the policy lapses (which in the case of a policy with a loan can trigger a taxable event, in addition to lapsing the policy itself!).

In other words, technically when a life insurance policy loan occurs, the death benefit is not actually reduced (which means the cost - of - insurance charges don't decline for any reduction in the amount - at - risk to the insurance company); instead, the insurance company simply recognizes that any final death benefit to be paid will be reduced first by the repayment of the loan balance.

Otherwise, there's a risk that a «rescued» policy could take a downward turn, which if not caught and corrected quickly, could just necessitate another rescue in the future if the loan compounds out of control again.

Although lenders generally prefer permanent types of policies because of the cash values, a term policy is often sufficient if the borrower is a good credit risk and the loan is very likely to be repaid unless he or she dies.

This increases the risk of the loan amount exceeding the policy's cash value, which can cause for the policy to lapse.

So, you don't have to keep a track of your money to find out how much goes into policy loan repayment and how much goes into risk coverage.

If the loan balance increases the amount of the cash value, your policy could lapse and risk termination by the insurance company.

Unless it is paid out of pocket, interest is added to the balance and accrues whether the bill is being paid monthly or not, putting your loan at risk of exceeding the policy's cash value and causing your policy to lapse.

A term insurance policy taken for the same number of years as per your outstanding loan term allows you to minimize the risk of loan and debts.

Academic Financial Solutions, Tampa • FL 5/2005 — 3/2006 Senior Financial Loan Specialist Applied and enforced risk mitigation controls, maintained a high level of data stewardship, adhered to policies, procedures and federal regulations as applicable, while providing exceptional service to commercial clients.

Key Results and Accomplishments • Attained 100 % accounts reconciliation rate within 6 months of initial hiring • Reduced account opening time by 40 minutes on average by utilizing an online customer database for initial form filling and application processing • Reduced loan default rate by 30 % through enactment of effective risk mitigation policies • Enhanced operational efficiency by 27 % through implementation of semi-automated cash balancing and transaction processing protocols

Derbedrossian brings 15 years of experience in the banking industry, with significant expertise in loan servicing, retail banking, asset management, liquidation management, risk management, policy administration and lending operations.

«While it may be appealing to get an upfront lump sum of cash, the risk here appears to be that a consumer could end up with a more expensive product with harsher repayment terms than they would with a more conventional loan,» said Edelman, whose Washington - based policy institute promotes economic mobility.

Jacques has developed extensive knowledge on the products and policies of mortgage loan insurance, CMHC underwriting practices and risk tolerance levels.