Sentences with phrase «security against a loan of»

Mortgage: The putting up of land or a building, or both, as security against a loan of money.

Not exact matches

According to human resources consulting group Aon Hewitt, about 24 % of 401 (k) accountholders had outstanding loans against their bank balances at the end of 2016 — not a great sign for their future retirement security.

In the first auction, the Desk will arrange an auction for a loan of Treasury securities against a pledge of all collateral currently eligible for repurchase transactions currently arranged by the Desk.

10.3 You agree that we may carry out a valuation of the Property in order to ensure that it is suitable to be held as security against any RPA Loan that may be provided to you.

Throne - Holst and Calone mentioned Zeldin's votes against funding for the Department of Homeland Security and student loans and Pell grants as signs that he is out of touch with the district, and Democrats have indicated they will attempt to paint the foreign policy hawk and only Jewish Republican in Congress as too extreme for the moderate swing district.

A warrant is a time - limited right to subscribe for shares, debentures, loan stock or government securities and is exercisable against the original issuer of the underlying securities.

The secured loan will require you to pledge security against repayment of the loan - as in the deed to your home or other valuable property.

That is, you pledge some sort of property, generally a home, land or vehicle, against the value of the loan in order to provide security to the lender.

If a loans meets the following tests, it is covered under the law: 1) For a first - lien loan otherwise referred to as the original mortgage on the property - the Annual Percentage Rate (APR) exceeds by more than 8 percentage points compared against the rates on Treasury securities of comparable maturity; 2) For a second - lien loan otherwise referred to as a 2nd mortgage - the APR (Annual Percentage Rate) exceeds by more than 10 percentage points compared to the rates in Treasury securities of comparable maturity; or the total points and fees payable by the borrower at or before closing exceed the larger of $ 561 or 8 % of the total loan amount.

Loans without security do generally incur a higher rate of interest than those secured against an asset.

As personal loans are unsecured, the banks and NBFCs do not demand any collateral or security against which the money would be otherwise disbursed in case of a secured loan.

Index A published interest rate against which lenders measure the difference between the current interest rate on an adjustable rate mortgage and that earned by other investments (such as one, three, and five year U.S. Treasury security yields, the monthly average interest rate on loans closed by savings and loan institutions, and the monthly average costs - of - funds incurred by savings and loans), which is then used to adjust the interest rate on an adjustable mortgage up or down.

So go ahead and unleash the power of your shares with the 3L advantages provided by IndusInd Loan against Securities.

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.

The securities are then used as collateral against that loan, and the broker charges interest for the balance of the loan.

Not all states allow vehicle title loans or even a type of a loan you can get if you used your car as security against the loan.

Banks like U.S. Bank, Wells Fargo, and Regions Financial now offer the equivalent of payday loans, allowing customers to borrow against their next paycheck, Social Security check, or unemployment benefit, if it's deposited directly into the customer's account.

Mortgage is the process of obtaining a loan against some security.

The requirement of some form of security to hedge against the lender's risk is a primary characteristic of a secured personal loan.

Authorised Dealers may allow their branches / correspondents outside India to grant loans to or in favour of non-resident depositor or to third parties at the request of depositor for bona fide purpose against the security of funds held in the NRE / FCNR (B) accounts in India, subject to usual margin requirements.

They repackaged these loans and used them as collateral for bonds called mortgage - backed securities; they guaranteed buyers of those securities against default.

Margin loans are a means of borrowing against securities in a brokerage account.

If you apply for a home equity loan, your property's equity serves as security against the loan, allowing you to bargain for a lower interest rate and save thousands of dollars in interest.

Conventional Loans A conventional loan is a loan made against real estate as security that does not involving government participation in the form of insuring (FHA) or guaranteeing (VA) the loan.

«If you think about a bank that is lending 90 percent against a house, versus a broker - dealer taking in 102 percent against a loan of a security, the broker - dealer's credit risk is exponentially less,» Lofchie said.

With a secured loan, the lender will insist on some sort of security against the money you borrow, often a house or car.

«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.

Housing Law Unlawful Detainer Defense Tenant Rights Security Deposit Habitability Claims Reasonable Accommodations Mortgage / Foreclosure Counseling Consumer Finance & Mortgage Fraud Financial Literacy Training Loan Modification / Loss Mitigation Assistance Preliminary Injunctions to Prevent Foreclosure Sales Civil Litigation Against Lenders for Homeowners Bill of Rights Violations / Civil Litigation for Misrepresentation or Fraud in Homeowner Mortgages

Recent instructions include: • Acting as Junior Counsel to Roddy Dunlop QC in a seven figure claim relating to failure by solicitors to obtain a standard security in relation to loan funds advanced by a commercial lender • Acting as Junior Counsel to Alistair Clark QC (as he then was) on behalf of the pursuers, a major commercial lender, in pursuing seven figure negligence claims against solicitors and surveyors relating to their advance of loan funds for the purchase of commercial property • Acting as Junior Counsel to Heriot Currie QC for one of the defenders (a firm of architects) in a seven figure multi-party claim relating to construction and design defects at a major shopping centre • Acting as Junior Counsel to Alastair Duncan QC for one of the defenders in a claim against both solicitors and counsel relating to alleged negligence by family lawyers relating to the preparation of a settlement agreement • Acting as sole counsel for the pursuer in a claim against solicitors for allowing the time bar of her clinical negligence action against a health board

The respondent's spouse, who had been borrowing large sums of money from the appellant, signed a promissory note agreeing to register a mortgage against the property in the appellant's favour as security for the loans.

While there are a number of reasons for a policy holder to take this particular action, the most assignment of life insurance policy as collateral is for security against a loan or liability.

Assignment of insurance policy = The policy against which a loan is taken will be assigned to the insurance company as a security till the loan repayment.

This view holds that without good title, lenders will not be willing to make loans against the land or shanty as security.13 Of note is that De Soto's analysis is based on shanty towns in Peru where populations are high and various levels of commercial activity are common place, despite formal title to lanOf note is that De Soto's analysis is based on shanty towns in Peru where populations are high and various levels of commercial activity are common place, despite formal title to lanof commercial activity are common place, despite formal title to land.

Another view of the value of land is as property which can then be used as security against loans for homes and businesses, leased to others to use for a fee (rent), or sold for profit.