In return, banks lend them less liquid assets and pay a fee.
In return, banks are regulated down to the smallest detail and fulfill, often with subsidies, political goals: mortgages for all, cheap small-business loans, and so on.
In return, banks are watched over by supervisors to ensure they do not take excessive risks.But in recent years the nature of bank supervision has changed much less than the business of banking has.
In return, banks acted as stewards of their financial environments.
On paper, a good part of their optimism is based on economic problems elsewhere in the world that have sent buyers — and there are a lot of billionaires out there ready to wire over the cash — rushing to high-end real estate in cities like New York and Miami as a financial safe haven from stagnant stock markets, low-return bank accounts and onerous tax regimes.
Lenders are barred, before issuing this binding estimate, from requesting tax returns, bank statements and the like from a borrower.
Mr. Babic was prepared with a folder — as well as a flash drive — that included tax returns, bank statements and a letter of employment.
The condominium, just north of Canal Street, has a 13-page application that requires buyers to provide multiple years of tax returns, bank statements, and personal and business references.
She asked a family friend from Connecticut, who declined because he felt uncomfortable providing his tax returns, bank statements and Social Security number.
They say the standard co-op application package — tax returns, bank statements, salary verification, credit check, reference letters and board interview — gives a complete and reliable picture of the applicant.
