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Many individual loan sales are also taking place in private.
Other types of investors would like to invest, but it's simply not cost effective to vet each individual loan.
We continue to believe that no one at Lehman Brothers was aware of any wrongdoing that may have been committed by individual loan officers at First Alliance".
Not only should capital be tied to the riskiness of an individual loan; it should also reflect the riskiness of a portfolio as a whole.
But regulators said they were wary of taking additional time to assess individual loan files, a process that would have delayed aid to everyone.
Moody's did not have access to the individual loan files, much less did it communicate with the borrowers or try to verify the information they provided in their loan applications.
Similar(35)
Individual loans rarely topple banks.
The Intersect Fund was founded in 2008 and made its first individual loans in 2010.
And Lewis explains pithily what he found: A giant number of individual loans got piled up into a tower.
The A.C.L.U.'s complaint says, "Morgan Stanley actively encouraged lending tactics that increased the levels of risk associated with individual loans".
Fitch Ratings, shocked by the frequency of early defaults in supposedly safe mortgage structures, belatedly delved into the details of 45 individual loans it considered representative.
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