Sentence examples for a borrowers from inspiring English sources

Carney explains that it is based on volume, so only 15% of new loans is allowed to be at more than 4.5 times a borrowers' income.

"This change in interest rate will make no impact on a borrowers' monthly repayments and very few people are likely to be affected by the increase.

So should banks test a borrowers' ability to repay a jumbo-sized loan when or if the Bank of England hikes rates to 5% or 7% or even higher?

"Pay option" adjustable-rate mortgages were just what they sounded like: a borrower had the option to pay very little, at a low teaser rate; all those unpaid balances would eventually come due, however, and the rate would be reset — leading to a borrowers' condition that has become known as "payment shock".

This program of granting new mortgages converts subprime, option ARMs, and ALT A borrowers into borrowers who can afford their monthly payments, and gives homeowners with negative equity the best long-term fixed-rate mortgage financing so that they can both afford monthly payments and have the benefit of future house appreciation.

Thus, today, it's signed a deal with several large banks in Russia, who will now began to use AlterGeo's location data when assessing online a borrowers' credit rating.

Prime and alt-A borrowers typically had a five- or seven-year grace period before payments toward principal were required.

But when the housing bubble burst, many Alt-A borrowers were unable or unwilling to pay their mortgages.

Discarding decades of sound lending practice, banks in hot pursuit of subprime and Alt-A borrowers abandoned this practice.

The risk, however, is that generally well-heeled Alt-A borrowers will adopt the same flippant attitude to paying their debts as lenders did in evaluating them.

Alt-A borrowers had respectable FICO scores, but they bought mortgages that did not conform to the high standards of the prime market.