Sentence examples for holders of second from inspiring English sources

But holders of second mortgages are already junior to holders of first mortgages.

The government hopes to remove a blockage in the modification process with a bribe to holders of "second lien" mortgages, such as home-equity loans.

In foreclosures and distressed sales of homes that have dropped in value, many holders of second mortgages recoup little or none of their money.

People who negotiate loan modifications say holders of second loans have been reluctant to take losses, and lenders with first loans are often unwilling to give them enough money to secure their cooperation.

Treating holders of first and second liens alike is a boon to the banks, since so many second mortgages are owned by the nation's largest institutions; many of the firsts are held by investors in mortgage-backed securities.

At the time of his death, he had 65,511.92 master points, more than 6,000 ahead of the holder of second place.

Another perverse incentive that the bill would create involves the problem of conflicting interests among investors who own the first mortgage on a property and holders of the second liens.

When it is the first lien holder, it will offer the same to holders of the second lien.

The buyout, expected to close late in the second quarter, must still be approved by holders of two-thirds of the outstanding shares of CB Richard that are not owned by the buying group, the company said in a statement.

When homeowners in a negative equity situation try to short a property, they have to negotiate with all of their lien holders (first mortgage, second mortgage, home equity loan).

The sale is subject to the support of holders of two-thirds of the 17.7 million Vastar shares.