Sentence examples for poor loans from inspiring English sources
In the complaint against Goldman Sachs, for example, the suit says that "Goldman was not content to simply let poor loans pass into its securitizations".
Citi and its rivals are reacting to a period when credit standards were very loose, and many poor loans were made, leading to the current round of multibillion-dollar write-offs.
Even now, despite putting modern credit systems in place and curbing politicians' ability to apply pressure to grant poor loans, almost 5% of its portfolio is delinquent: a worthy improvement, but not yet up to Western standards.Its size also carries a cost.
After all, Warren said, until a new agency is created, banks are going to continue bullying families into poor loans, mortgages and credit cards.
The lenders also are required to review loans that quickly default to guard against sloppy lending practices, and act in the government's best interests because taxpayers are bearing the risks for potentially poor loans.
William Ryan, an analyst at an independent boutique in New York, worries that Household's practice of re-ageing loans meaning that loans are restructured but still counted as performing masks poor loan underwriting.
"Although capital ratios are considerably higher than they were at the start of the crisis for many banking organizations, poor loan quality, subpar earnings, and uncertainty about future conditions raise questions about capital adequacy for some institutions".
Poor loan servicing deserves much of the blame, according to consumer advocates.
President Obama's efforts to simplify the student loan program and to end poor loan services and deceptive debt collection practices are all good.
The increase in distress despite the availability of income-linked repayment plans for roughly 90percentt of the market signals that perhaps poor loan servicing is to blame.
The lawsuits in the U.S. District Court for the Western District of Washington accused the defendants of concealing from investors poor loan underwriting and inflated appraisals that juiced earnings.
