Sentence examples for delinquent borrower from inspiring English sources

Under forbearance, a lender agrees not to take action against a delinquent borrower.

An "SKS debt collector told a delinquent borrower to drown herself in a pond if she wanted her loan waived.

Getting a delinquent borrower current on a loan by adding the payments that are owed is considered a forbearance, not a loan modification.

If the delay is granted, lenders can use the window to work out a more affordable mortgage for the delinquent borrower, although there is no actual requirement for them to do so.

It could be quite difficult to get a mortgage in a locale that uses the eminent domain power, since lenders will naturally hesitate to hold housing credit risk when there is uncertainty about the ability to collect on the collateral by foreclosing on a delinquent borrower rather than writing down the mortgage.

Mundis has been burned, though, by one delinquent borrower.

He said that even though sponsors of the bankruptcy bill promised that consumers would benefit from lower borrowing costs as delinquent borrowers were held more accountable, the cost of borrowing from credit card companies has actually increased anywhere from 5percentto17percentcent.

The president's F.H.A. Secure plan permits delinquent borrowers and those facing delinquency to refinance into safe, affordable F.H.A. loans — a first.

In this capacity, Prosper collects repayments of loans and interest, contacts delinquent borrowers for repayment, and reports loan payments and delinquencies to credit reporting agencies.

Many delinquent borrowers have second liens, mortgage industry executives say.

Many delinquent borrowers are in trial modifications, which keeps the final stages of foreclosure at bay.