Auto loans are secured loans, meaning the value of your car acts as
security against you defaulting on the loan (i.e., if you can't pay them back, they take your car to recoup the loss), offsetting some of the risk.
But the biggest advantage of these policies would be that the Canadian Mortgage and Housing Corporation would be provided more
security against defaults.
They repackaged these loans and used them as collateral for bonds called mortgage - backed securities; they guaranteed buyers of
those securities against default.
Secured credit cards require cardholders to put down a deposit as
security against defaulting on their credit card bill.
Not exact matches
While New York has been a leader in protecting homeowners
against foreclosures and
defaults, the state should promote available mandated low - cost checking accounts to help poorer residents take advantage of the
security of the banking system and avoid having their savings swallowed by various small bank fees, said attorney Kirsten Keefe of the Empire Justice Center.
In late 2014, Grindr responded to
security researchers who pointed out that risk by offering an option to turn off the app's distance - measuring feature, and disabling it by
default in countries known to have «a history of violence
against the gay community».
When the investors in the Big Short predicted the Global Financial Crisis by examining the credit quality of the bonds underlying the popular mortgage - backed
securities, they purchased credit
default swaps
against the MBSs & CDOs and profited tremendously.
Trust it as much as you trust Congress, and remember they are also promising to pay Social
Security and Medicare, AND guarantee
against home mortgage loan
defaults, underfunded pension
defaults, money market failures, and soon, everyone's health care needs.
This is because they have their own risk system — i.e. your
security deposit — to protect
against a
default or lack of payment.
Paulson became world - famous in 2007 by shorting the US housing market, as he foresaw the subprime mortgage crisis and bet
against mortgage backed
securities by investing in credit
default swaps.
Consider that because Annaly and American Capital Agency buy
securities packaged by Fannie Mae and Freddie Mac, their assets are protected
against defaults.
Annaly and American Capital Agency, for instance, invest in agency mortgage - backed
securities, which come with an implicit guarantee
against default — meaning if the borrowers stop paying, they are reimbursed for the difference.
With a secured credit card the individual must leave a deposit which is used as
security and protection
against default.
In the ABS market, a surety bond is an insurance policy typically provided by a rated and regulated monoline insurance company to guarantee
securities holders
against default.
This
security deposit makes approval guaranteed, provides your issuer protection
against default and erases the need for an expensive fee structure.
That Collateral Account Agreement includes, among other important provisions, information on the
security interest you have granted to the Bank in your Collateral Account and the Bank's rights
against all funds in that Collateral Account in the event of your
Default under this Cardholder Agreement.
Main Calendar Snafu Leads to
Default Entered
Against Wachovia in
Securities Case»
«Calendar Snafu Leads to
Default Entered
Against Wachovia in
Securities Case Main Tuesday's Three Burning Legal Questions»
«In addition the moment a loan goes into
default a basic valuation check should be made either through an automated value model or alternatively even in main web products to ascertain if there is sufficient
security and, if not, consideration must be given at that stage, and not at the date of repossession, to a standstill agreement on limitation
against the Defendant professional or even the issuing of a protective Claim Form.
He owns credit
default swaps on those
securities, and said his firm also owned protection
against Neiman Marcus Group Inc., which has an active and liquid derivatives market.
The wager
against commercial mortgage - backed
securities largely has focused on the CMBX 6, a little - known credit
default swap index.»