Sentence examples for reduced loan from inspiring English sources

Actions taken in 2005, 2006 and 2007 greatly reduced loan originations and market share.

Scandinavia's biggest bank, Nordea, said second-quarter profit almost quadrupled as it reduced loan losses and sold properties.

At the same time the Federal Housing Administration and Veterans Administration, which guaranteed residential mortgages, raised down-payment requirements and reduced loan limits.

Bank of America, for instance, says it has waived late fees, lowered interest charges and, in some cases, reduced loan balances for more than 700,000 credit card holders in 2008.

GMAC said its turnaround was based on significantly reduced loan loss provisions, increased stability in auto credit trends and continued efforts to reduce the bad mortgage assets on its books.

NEW YORK TIMES California Said to Turn Down $15 Billion in Mortgage Aid  |  In settlement talks among state attorneys general and banks, the state rejected an offer of lower monthly mortgage payments and reduced loan balances for distressed borrowers, The Financial Times reports, citing unnamed people familiar with the matter.

It is credited with reducing loan and mortgage rates, but fails to increase lending to businesses.

The proposals would call on lenders or loan-servicing firms to reduce loan balances voluntarily and take sizable losses.

The only acceptable answer would be widespread modifications that reduce loan balances, reduce interest rates or extend the terms of the loans.

The plan offers up to $75 billion in incentives to lenders to reduce loan payments for troubled borrowers.

"Your demands to hasten foreclosures and to reduce loan modifications are patently inconsistent with that stated aim," the letter said.