Sentences with phrase «year reserve requirement»

On September 27th, FHA announced that it would take a $ 1.7 billion draw from the Treasury to meet their 30 - year reserve requirement.

Not exact matches

Summers was also a major advocate of new requirements that banks hold more emergency funds in reserve — a position he had been pushing years before the crisis.
To recoup lost money — and to meets its federally - mandated 2 % reserve requirement — the FHA was forced to raise its mortgage insurance premiums five times in 5 years.
The Main Estimates include a reserve of $ 750 million (TB Vote 5) to manage urgent spending requirements during the course of the year, which have not yet received Parliamentary approval.
The modification of WCB assessment criteria will eliminate the requirement for the State Insurance Fund to hold reserves for assessments; as a result, the Executive Budget proposes to direct SIF to release $ 1.75 billion in reserves to the state to support its capital plan over the next four fiscal years.
Most councils are currently forecasting a deficit in 2016/17, forcing them to raid their reserves in order to meet the legal requirement to run a balanced budget at the end of the year.
MASL also reserves the right to forgo presenting the Support Staff Award in years when there are no candidates or when the MASL Board determines that no candidate submission meets the requirements of the Support Staff Award.
MASL also reserves the right to forgo presenting the WJT Award in years when there are no candidates or when the MASL Board determines that no candidate submission meets the requirements of the WJT Award.
MASL also reserves the right to forgo presenting the MASL Administrator Award in years when there are no candidates or when the MASL Board determines that no candidate submission meets the requirements of the MASL Administrator Award.
Also, the size of the M1 aggregate has been held down in recent years by «sweeps» — the practice that banks have adopted of shifting funds out of checking accounts that are subject to reserve requirements into savings accounts that are not subject to reserve requirements.
The act contained an eight - year phase - in of new reserve requirements for nonmember institutions.
FHA revealed late last year that its current reserves are at.53 %, but officials have said that their tightened lending requirements as well as the increase in premiums would allow them to restore the levels by collecting an additional $ 5.8 billion over the next few years.
HUD raised the reserve requirements for FHA lenders significantly a few years ago.
A common deposit requirement for a «debt service reserve fund» is six months or one - year's debt service on the bonds.
To recoup lost money — and to meets its federally - mandated 2 % reserve requirement — the FHA was forced to raise its mortgage insurance premiums five times in 5 years.
i) Tender Offer: Following last year's transfer of GBP 20 mio from EIIB's share premium account to distributable reserves, you stated «We are now reviewing options for possible future capital returns to shareholders and expect to reach a conclusion early next year after having finalised our long term capital requirements in consultation with the regulator.»
Age Requirements: Guests are required to be 21 to book, 18 years or older with photo identification to reserve a room and check - in.
Hotel Amenities & Policies Age Requirements: Guests are required to be 18 years or older with photo identification to reserve a room and check in.
Age Requirements: Guests are required to be 21 years or older with photo indentification to reserve a room and check in.
Age Requirements: Guests are required to be 21 years or older with photo identification to reserve a room and check - in.
Total fossil fuel is close to a million EJ or about 500 years of the long - run thermal energy requirement in the high - growth scenario (at 60 TW (thermal) by 2100), but not including clathrates and oil shale, that is reduced to about 50 years of reserves at the 2100 rate (i.e. we're not even going to make it to 2100).
As far as reserve requirements: In Texas, ERCOT's target of 13.75 % is designed to ensure a capacity - related blackout occurs no more often than one day in 10 years.
The requirement of 210 per cent reserve itself is very conservative considering the hikes in TP premium in the earlier years.
The most recent trend is companies discontinuing their 30 year term policies altogether citing the current cost of reserve requirements.
Applying to become a compliant exchange has steep requirements, including the submission of a 3 - year business plan, segregated fund management, KYC / AML requirements, frequent reporting to authority, external audits and reserve capital of at least 10 million yen.
The market will also have to adjust to Basel III bank reserve requirements and the Dodd Frank risk retention framework that are scheduled to take effect later this year.
This year, increased reserve requirements and risk retention rules within the commercial mortgage...
This is the third year in a row that the Fund exceeded the statutory requirement to maintain at least a 2 percent capital reserve ratio.
«Nevertheless, due to Meridian's broad lender relationships, we were able to negotiate a balance sheet loan, with no restrictions on commercial income, to provide a multifamily - priced seven - year loan with maximum flexibility and no reserve requirements
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