Sentence examples for improper loan from inspiring English sources

A glut of foreclosures, stalled in recent months by revelations of improper loan documentation, is further depressing the market.

Her bill would entitle homeowners to cite an improper loan as a legal defense to prevent foreclosure.

In the aftermath of the financial crisis, investors in mortgage securities have had difficulty identifying improper loan modifications and other servicer abuses like those described in this filing.

Mr. Hale said that Mr. Clinton, as Governor, had asked him to make an improper loan to Mrs. McDougal, some of which wound up in a Whitewater account.

The former commissioner, Constance G. Post, 58, was accused of funneling more than $1.5 million in no-bid contracts and an improper loan to a developer, Wayne Charles, 55, of New York City, who was indicted as a co-defendant.

Dan Frahm, a spokesman for Bank of America, which is responsible for about 60 percent of the total financial obligation under the settlement, said, "While neither area of noncompliance resulted in inaccurate foreclosures or improper loan modification denials, we took immediate action and resolved one area and will soon return to compliance in the other".

So it is disturbing that the same need for speed is at work in the bank settlement being devised by state attorneys general relating to improper loan-servicing and foreclosure practices.

Chinese banks have a chronic problem with issuing improper loans.

In July this year Picard filed documents seeking the recovery of $153 million that Andrew and Mark had allegedly received through improper loans and other means.

The company's former general counsel was also indicted, on charges that he falsified company records to conceal $14 million in improper loans to himself.

In China, where the stock market had been soaring, the government had warned banks about improper loans to finance stock speculation.