Sentence examples for loans in which from inspiring English sources

Even loans in which the borrower's income wasn't independently verified went unreviewed by underwriters, Bharara alleged.

It backs loans in which down payments can be as low as 3.5 percent of the cost of the home.

The I.M.F. has a constitutional obligation to avoid making loans in which wishful thinking informs the repayment schedule.

It warns of "complex loans" in which businesses "lend themselves money, creating the appearance that the funds are legitimate".

This month, the company restricted the use of loans in which borrowers state their income without verification.

And they apply to: interest-only loans; introductory "teaser" rate loans; "balloon" payment loans; and "step-rate" loans, in which rates adjust one or more times.

Roughly a year ago, though, banks changed the terms of these loans — along with nearly every loan in which borrowers took equity out of their homes.

It is — or, rather, it was — a loan in which the borrower doesn't have to verify his or her income, but simply states it.

The first is the "interest only" loan, in which borrowers pay only the interest for a set period of time -- usually 10 years or less -- before repaying the loan's principal on an accelerated basis.

And there is also what Ms. Cohn describes as an asset liquidation loan, in which lenders can qualify people who may have large bank balances and other assets but not enough income.

Most predatory practices, however, involve a refinance loan in which brokers or fraudulent home-repair contractors, acting as bird dogs for lenders, go door to door in poor neighborhoods.