Sentence examples for loan failure from inspiring English sources

After the savings and loan failure, he was found to be suffering from manic depression.

He often wrote about business and finance, including a memorable article that deconstructed the savings and loan failure of the 1980s.

For brokers who processed loans on behalf of distant lenders, the loan failure was higher as the relationship with the lender progressed.

Declaring himself "bloodied but unbowed," Senator Alan Cranston has abandoned his tactic of lying low in the Lincoln Savings and Loan failure and come out swinging in a fight to save his political life.

While Lincoln will be perhaps the largest single savings and loan failure, attention during the many days of hearings repeatedly focused on the role of five Senators, four of whom were prominent Democrats, who had received large campaign contributions from Charles H. Keating Jr., the chairman of Lincoln's parent, the American Continental Corporation.

Currently, the onus is on the borrower to adjudge his or her capacity to service a debt, but under the new rule "a lender must reasonably determine that the consumer has the ability to repay the loan". Failure to do so will be deemed "an unfair and abusive practice," which could open the lender to sanctions.

The peak of loan failures might not hit for another year or more as many borrowers face increased payments on their adjustable-rate loans, he said.

Even as the Government was acknowledging the escalating estimates for future savings and loan failures, the cost of past failures was seen to be rising as well.

Mr. Gramm and others suggest that the last increase in deposit insurance may have contributed to the high number of savings and loan failures later that decade.

Rating agencies, fending off complaints that they had been slow to downgrade, maintained that they would adjust their ratings only after they saw actual loan failures.

Such major scandals as the savings and loan failures in the late 1980s and 1990s, the Enron, Global Crossing, WorldCom and Tyco corporate scandals, Arthur Andersen's demise, and the current crisis of the financial system have all been linked directly or indirectly to false, misleading, or untruthful accounting.