Sentence examples for guarantee refinancing from inspiring English sources

Now, with mortgage defaults rising, Congress is expected to enact housing legislation to permit the F.H.A. to guarantee refinancing loans to homeowners in danger of losing their homes.

Right now, Fannie Mae and Freddie Mac the institutions that guarantee home loans for millions of middle class families are generally not permitted to guarantee refinancing for mortgages valued at more than 80% of the home's worth.

It hoped 4m-5m borrowouldwould qualify but by May only 810,084 had participated, a mere 7% of whom had an LTV ratio of more than 105%.An important reason for the low take-up is that GSEs charge up to two percentage points of the loan amount to guarantee refinanced HARP loans, even though the refinanced loan is no riskier than before.

"At the moment we're solvent, but we need a state guarantee to refinance our investments," he said, referring to 20 new models GM Europe plans to introduce by 2012.

This study defined export credit as "a guarantee, insurance, financing, refinancing or interest rate support arrangement provided by a government which allows a foreign buyer of exported goods and/or services to defer payments over a period of time".

To prevent that, Bank of America suggested creating a Federal Homeowner Preservation Corporation that would buy up billions of dollars in troubled mortgages at a deep discount, forgive debt above the current market value of the homes and use federal loan guarantees to refinance the borrowers at lower rates.

Under the plan, the Federal Housing Administration can guarantee the refinancing of $300 billion of distressed mortgages into cheaper, fixed-rate loans, as long as lenders who take part agree to write down principal to 90% or less of a home's current value.

It will guarantee up to $300m of refinancing of "underwater" mortgages as long as lenders agree to cut the principal owed to below the home's current value (a big if; the scheme is voluntary).But Republican sceptics extracted their pound of flesh.

The White House plans to propose legislation that could allow a few million homeowners to reduce their monthly mortgage payments by refinancing into loans guaranteed by the Federal Housing Administration.

— EDWARD WYATT The White House plans to propose legislation that could allow a few million homeowners to reduce their monthly mortgage payments by refinancing into loans guaranteed by the Federal Housing Administration.

They took advantage of a poorly regulated landscape to exploit unsophisticated home buyers and homeowners with mortgages and refinancing schemes that were all but guaranteed to result in a tragic explosion of foreclosures.