The division's CEO, Rebecca Mairone, implemented a loan origination process called the "High Speed Swim Lane," or "HSSL". Under this program, Countrywide sold mortgages to the GSEs and represented that the mortgages would be an "Acceptable Investment" or have the characteristics of an "investment quality mortgage" "as of the date of transfer" or "as of" the delivery date to the GSEs.
Once you get the facts about the loans and if they are federal or private loans, then we can implement a plan to deal with the remaining debt.
After the call, Mr. Nocella, "in an effort to conceal the $6 million shortfall and placate Ranieri," directed an executive to "implement a retroactive, unilateral-loan-modification program to reduce the third-quarter nonperforming loan amounts without requiring a payment from the borrower," the agency said.
While Princeton was just starting to consider implementing a "no loan" financial aid program, he realized that access to financial assistance was only part of the problem for these students.
L. 109 233, § 103(a)(1), struck out "establish and implement a pilot program under which the Secretary may" before "make direct housing loans" and substituted "shall make such loans" for "shall establish and implement the pilot program".
He would implement a "short-refinance" plan, which would allow homeowners who owe more on their loan than their house is worth to refinance into a new loan at the current value of their home.
I implement a dynamic regression discontinuity design using a multi-year rule that restricts institutions' eligibility to offer federal aid such as Pell Grants and subsidized loans when alumni's loan repayment rates are below allowed thresholds.
In response, the Vietnamese government has implemented a low interest loans program to encourage apartment ownership for qualifying individuals.
We design and implement an experimental test for differential response by mortgage loan originators (MLOs) to requests for information about loans.
Under HAMP, the Treasury pays servicers $1,000 to implement each loan modification, plus an additional $1,000 for every year that borrowers keep paying on the modified loan.
Blackmoon has implemented a proprietary series of algorithms to evaluate and price loans.
