Sentence examples for part of borrowers from inspiring English sources

Exact(6)

Will debt forgiveness encourage moral hazard on the part of borrowers?

The investors argue that the home loans did not conform to the original underwriting standards or were originated with little evidence of adequate assets on the part of borrowers.

"There certainly appears to be more willingness on the part of borrowers to walk away from mortgages," said John Mechem, spokesman for the Mortgage Bankers Association, who noted that in the past, many would try to save their homes.

Angry investors are trying to force Bank of America, and other large banks, to buy back billions of dollars worth of mortgages that have defaulted, arguing that the home loans did not conform to the original underwriting standards or were originated with little evidence of adequate assets on the part of borrowers.

Solutions must come from a thoughtfully calibrated combination of markets, national policy, injections of capital and more discipline on the part of borrowers and creditors, opines Rubin.

So, we want to create a process that is based on our established legal authority that will enable us to work through claims as quickly and as efficiently as possible, requiring the least amount of effort on the part of borrowers.

Similar(53)

So lenders and their collectors are rushing to round up what money they can before things get worse, even if that means forgiving part of some borrowers' debts.

"The fundamentals of our economy are strong," he said, although he accepted that there was a need for better financial education on the part of mortgage borrowers whose struggle to keep up repayments is at the root of the crisis.

In the late nineteenth century, the practice of "wage buying" emerged, with creditors granting loans in exchange for a promise of part of the borrower's future earnings.

Mr. Neves of the Connecticut Association of Mortgage Brokers said that early vigilance on the part of the borrower helps keep a mortgage on track.

After a successful trial program, Ocwen, based in Atlanta, has also begun offering shared appreciation plans, in which part of a borrower's principal is forgiven, but if the home is eventually sold at a profit, the owner must share that profit with the lender.

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