Sentences with phrase «while loan losses»

• Ensured compliance of federal laws while loan losses and legal concerns were minimized.

Not exact matches

The group helped business owners plan 18 months in advance of the line's opening, while the city offered loans of up to $ 20,000 to cover construction - related losses.

For example, if a borrower defaults on their mortgage, Fannie and Freddie are responsible for the losses on the loans they guarantee to investors, while Ginnie Mae is financially responsible for the bond payments to the holders of Ginnie Mae securities.

It has set its allowance for loan losses at 2.2 % of finance receivables, while its peers only reserve from 0.5 % to 1.4 %.

While purusing the state party's 32 - day pre-general election filing, I was struck by the fact that it owes $ 125,000 to former Nassau County Executive Tom Suozzi, who made the loan back in December 2009, shortly after his surprise loss to Republican Ed Mangano.

In the third scenario, the proceeds fully repay the lender but you still show a loss on the sale — because you bought the house with a large down payment, paid down the loan, or paid for capital improvements while you owned the house.

MI provides loan level protection against first losses on individual low down payment mortgage loans — and in doing so, promotes broad access to sustainable homeownership for credit worthy borrowers while enhancing stability and liquidity in the housing finance system.

It protects lenders like Jersey Mortgage Company against losses if a loan is defaulted on, while giving more people access to home ownership.

Short - term loans, either from payday lenders or lenders that demand property such as an auto title as collateral, can ensnare borrowers in debt traps and lead to property losses while the annual interest rate can soar to over 400 %, according to federal regulators.

And then it makes more money per dollar of loans it makes because it receives a high yield for these loans while simultaneously charging off a lower than normal amount of each loan each year for its losses.

So FHA gets a new loan that is a realistic LTV and at this point unlikely to have much of a downside, while the original lender takes the loss.

While FHA must carefully craft its risk management strategies for minimizing losses, it can not revise its lending guidelines to a point where many home loan borrowers can no longer qualify for FHA loans.

S&P estimated a loss severity of 35 percent on deals backed by mortgage loans with a negative amortization feature while assuming a loss severity of 35 percent for transactions secured by adjustable - rate loans and short - reset hybrid loans with fixed - rate periods of less than five years.

So, while loan approval with security is assured, the lender knows that, should the borrower default, even claiming the collateral will see them make a loss.

Urban notes in its study, «[p] rivate mortgage insurers have played a crucial role over the past six decades enabling first - time homebuyers to gain access to high -[loan - to - value] conventional financing while reducing losses for the GSEs.»

This money can, of course, be snowballed into the student loan BUT during hard times — loss of job, illness, reduced income — more money is available for basic living expenses, while still making minimum payments.

These institutions, as well as certain regulated banks, had also assumed significant debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses.

While government agency - backed RMBS were not immune to the negative credit risk implications, especially as the government agencies — Federal National Mortgage Association (FNMA or Fannie Me) and Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac)-- were placed under conservatorship by the U.S. government in 2008, «private label» RMBS without government backing were clearly the more volatile investments, and they suffered losses in the underlying assets, as well as severe swings in market value.

Lenders on these loans lost 10 % on an annual basis, and while not positive, it's a far cry from the 54 % loss that Mr. Giemein flawed analysis leads the reader to believe.

While FHA refers to the process of insuring against loss as «insuring», VA refers to the process as «guaranteeing» the loan.

If homeowners are delinquent on their first mortgage while keeping payments current on a home equity loan, the home equity lender has no incentive for taking a loss in favor of the first mortgage being modified or refinanced.

Some people choose the loan to go on holiday while some rely on it to stop a foreclosure or a power of sale, both of which could lead to loss of the property.

While investors sometimes try to spread their money to limit their losses, you may end up finding a single investor interested in funding your loan.

The increase in the provision for loan losses was 1.8 %, while actual loan losses were significantly higher.

While rates will most likely rise again, for now these low figures coupled with the growing economy make it unlikely that the auto loan industry will experience any major loss in the immediate future.

While losses from soured car loans would be far less than those on subprime mortgages, the red ink could still deal a blow to the banks not long after they recovered from the housing bust.

While the pain from an imploding subprime auto loan market would be much less than what ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.

This covers the bank's potential losses on your mortgage loan, and while it protects your home, your beneficiary receives nothing.

While the platform says they're refunding all outstanding loans at a rate of $ 363.62 USD (an average of the token's price over the last 15 days), the Bitconnect token is currently trading down ~ 80 % and worth less than $ 40, so while users may have been made whole on a BCC - equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investmWhile the platform says they're refunding all outstanding loans at a rate of $ 363.62 USD (an average of the token's price over the last 15 days), the Bitconnect token is currently trading down ~ 80 % and worth less than $ 40, so while users may have been made whole on a BCC - equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investmwhile users may have been made whole on a BCC - equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investment).

Exceeded quality loan requirement by 18 % with fewer than $ 1M in losses annually while meeting all sales goals.

Professional Experience Fortris Financial (Los Angeles, CA) 2008 — Present Portfolio Manager • Manage a universal life policy portfolio with 200 policies and over $ 800 million in face value, leading a three - person staff in the advisement of resource allocation to assets • Negotiate and effectively communicate loan re-payment and asset liquidation strategies to interested parties, including attorneys, institutional investors, brokers, agents and clients • Design and implement processes to sustain and grow AUM, while mitigating losses through effective crisis management • Document loan payments, policy values, medical records associated with policies under management • Resolve policy issues efficiently through effective communication with involved entities

The repayment of principal — including the amount recovered from loan workouts — is distributed first to the super-senior tranches until they have been paid off at par, while losses due to default are first absorbed by the subordinated tranches.

While increasing mortgage rates have had a major impact on the loss of loan business, there are other sources influencing this too.

While over the past two years the banks» mantra has been to «extend and pretend,» the banks have now recovered enough that they can finally recognize losses on bad commercial real estate loans, notes Michael Grupe, executive vice president of research and investor outreach with NAREIT.