Sentence examples for pay borrower from inspiring English sources

In a 2010 ruling, David Houston III, a U.S. bankruptcy judge in Aberdeen, Miss., ordered American Home Mortgage Servicing Inc. to pay borrower Glen Cothern's legal expenses due to its "egregious" conduct.

"We had reached a point where the question was, What will we do next — pay borrowers to take loans?" the former senior Countrywide executive said.

Bank of America, for example, will have to pay borrowers who were evicted for running a methamphetamine lab, according to three people with direct knowledge of the findings.

But legal experts say that courts may impose sanctions on lenders or their representatives or may force banks to pay borrowers' legal costs in these cases.

Mr. Tracy said that although he believed financial literacy and math skills were important predictors of a borrower's ability to pay, borrowers deficient in those respects would most likely also have weak credit scores.

Lenders would have needed to pay borrowers an annual interest rate of 0.8 percent, about 5 percentage points lower than the prevailing situation, in which lenders charge borrowers rates of about 4 percent.

The San Francisco company is reportedly hoping to pay borrowers interest rates of about 4%to4.5%5%.

So the ECB would then literally be paying borrowers to borrow money in order to expand the monetary base.

In other words lenders are paying borrowers to take the filthy lucre away.

Current paying borrowers with credit issues would be offered Fannie Mae or Freddie Mac loans under a new expanded program.

And if it couldn't be rescinded because the house had been sold, the bank could have had to pay the borrower $125,000 and any accrued equity.