Because the bank would permit a greater loan amount if the property were owner-occupied, MANAFORT falsely represented to the bank and its agents that it was a secondary home used as such by his daughter and son-in-law and was not a property held as a rental property.
Paying $308,000 for a house with the seller committed to paying $8,000 in settlement costs permits a larger loan and therefore requires less cash from the cash-short buyer than paying $300,000 without the commitment.
In any event, even a full refund would not undo the First Amendment violations, since the First Amendment does not permit a union to extract a loan from unwilling nonmembers even if the money is later paid back in full.
When a borrower experiences a longer-term financial problem, say the loss of a second income by a spouse, Freddie Mac sometimes permits a restructuring of the loan itself, maybe a lower interest rate or lower monthly payments.
Clubs under an FFP embargo will not be permitted to pay a loan fee to another club, they may only pay the player's wage, or a contribution towards it.
This was possible because S.B.A. loans permit a bank to keep less cash in reserve and can be sold on a secondary market to generate still more cash for the bank.
Accounting practices such as depreciation, revenue recognition, pension costing, and allowance for bad debts and loan losses permit a better, albeit less precise, measurement of a company's income in a period than would a pure cash-in, cash-out approach.
But even if the loan in question did permit a partial prepayment, Mr. Shmulewitz said, this would not mean that the letter writer could accomplish what he wants to accomplish: reduce his monthly maintenance charges.
The loans permit an elderly person to borrow against the equity in his or her home and avoid making any monthly payments until the borrower either dies or sells the house.
A deduction is permitted for student loan interest of up to $2,500.
Once you know how much of your loan has been forgiven, you can adjust your payments as permitted by your loan servicer.
