Banks say they are unlikely to hold loans deemed risky, and their lobbyists are pressing for legal protection on the safer ones, called qualified mortgages.
An official at one federal agency deemed student loan debt levels to be "too big to fail," after they exceeded $1 trillion in March 2012.
The bank told her to keep mailing her payments, but repeatedly mailed them back to her — and deemed her loan to be in default.
Banks deem these loans to be very risky, "because there's nothing really tying anybody to a piece of raw land," said Mr. Walsh of Total Mortgage.
Even if the New York Fed didn't deem these loans and interest rates important enough to consider when evaluating the worth of one's education, the students who took out those loans are keenly aware of their costs.
The RBI plans to tighten the rules on restructured loans again, having loosened them in 2008 to protect India from the global crunch and given special treatment to infrastructure loans, deemed a national priority, in 2010.In theory restructured loans are still sound; the bank has simply eased the terms to help a borrower in temporary trouble.
Loans or extensions of credit to a partnership, joint venture, or association are deemed to be loans or extensions of credit to each member of the partnership, joint venture, or association.
Alt-A loans are deemed less risky than subprime loans, but they are rated below prime mortgages, which are made to borrowers with the best credit ratings.
Yesterday's raw data show many minorities are more than two or three times as likely overall than whites to get what are deemed high-priced loans.
Under the lax terms of many buyout loans (deemed "covenant lite"), borrowers could delay payments, say, by issuing i.o.u.'s in lieu of payment or adding the interest to the loan balance rather than paying it.
