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By extending credit to mortgage lenders, Wall Street allowed them to make loans far longer than they otherwise could have.
Casa Afro-Quisqueya has already secured $11 million in grants and loans, far ahead of Casa Duarte.
They make loans far in excess of the deposits they attract using the principle of fractional reserve banking.
And she'd blow me off and say, 'Don't worry about it.' " The amount of the loans far exceeded Yould's tuition bills.
Borrowers in the tristate area suffer under the yoke of jumbo loans far more than those in many other states, said First American LoanPerformance.
In the face of considerable pressure from Europe's leaders, the banks had been resisting requests that they voluntarily accept a loss of about 50 percent on their Greek loans, far more than the 21 percent agreed to previously.
Similar(48)
"Lenders loaned far too much, they loaned into lofty projections of future growth, and they just saddled the churches with far too much debt".
We will toast those people who have loaned far more than Chuck, Jeri and me.
Lenders' frauds in originating and selling liar's loans were far more common, and far more harmful, than the two forms of fraud the PSW study was able to study.
According to analysts, no big junket has reported any issues with bad loans so far.
Yet banks have taken relatively few write-downs on second loans so far.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com