Sentence examples for in the basic underwriting from inspiring English sources
"They did very well in the basic underwriting business and in particular in Europe".
In the end, though, BofA rolled over surprisingly quickly in order to relieve the worst of its housing-related headaches, a product of its ill-advised purchase of Countrywide, a gung-ho mortgage lender.The bank will pay $8.5 billion to investors in more than 500 Countrywide-linked securitisations who had claimed the loans breached basic underwriting standards.
In the end, though, BofA rolled over surprisingly quickly in order to relieve the worst of its housing-related headaches, the very worst of which came from its ill-advised purchase of Countrywide.The bank will pay $8.5 billion to investors in more than 500 Countrywide-linked securitisations who had claimed that the loans breached basic underwriting standards.
Investors bought mortgage-linked securities with the promise that the underlying mortgages conformed to basic underwriting standards, and that proper procedures were followed in the chain of securitization.
These rules, which Cordray referred to as "basic underwriting," would apply at the moment a person borrows money.
Fill in the basic colors.
Sketch in the basic form.
If we can afford all of that -- and even if we can't -- we can afford $13.4 billion for the agencies that underwrite almost all of the basic and health-related research in this country.
Analytics help in the underwriting process to provide the right premiums for the right risk to avoid adverse selection.
