Sentence examples for loans unit from inspiring English sources
Historically, Countrywide's bank subsidiary was overseen by the comptroller, while the Federal Reserve supervised its home loans unit.
It seemed a sweet deal for the bank, whose Countrywide Home Loans unit had peddled tens of billions of dollars in risky loans to the taxpayer-owned companies.
The company said it expected to post a loss in the fourth quarter after a $1.6 billion write-down of good will on its home loans unit.
Over the last six years Energy Transfer has spent $8.9 billion (raised from bank loans, unit offerings and bonds) to acquire assets and improve its pipelines.
Its shares were down $1.41, or 13.3%, to $9.16, as credit default swaps on Countrywide Home Loans, the cost to insure the debt of the companys home loans unit, soared 150 basis points, to 900 basis points, or $900,000 per year for five years to insure $10 million in debt.
It also said the plaintiffs do not deserve relief against Bank of America and its Countrywide Home Loans unit under a federal debt collection law because foreclosures are intended to protect lenders' interest in homes, not to collect debt.
Edward G. Lloyd, the chairman of Brisc, said Mr. Landers has not been replaced because the loan unit has an uncertain future.
One of the concerns the loan unit has helped is Nubian Day Care on 135th Street between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard.
"He literally loves West Point," said Ms. Blackwell, the manager of the Monroe, N.Y., branch of a Citigroup consumer loan unit.
A total of $17.5 billion, or 59percentt, of the GMAC notes were tendered, along with $3.7 billion, or 39percentt, of notes issued by Residential Capital, GMAC's home loan unit.
"Unfortunately, since we have not been able to examine this new material, we cannot comment yet on these new studies," said Dierdre Dickerson, a spokeswoman for the Nissan Motor loan unit, Nissan Motor Acceptance Corporation.
