Sentence examples for secondary loans from inspiring English sources

Presumably, there is nothing left to pay off the secondary loans.

In 2009, the owner, Broadway Partners, defaulted on $472.1 million in secondary loans, but a senior mortgage remained current.

The two partners bought a $300 million swath of secondary loans on the Manhattan complexes for $45 million.

The Congressional Budget Office estimates that about 40percentt of riskier mortgages made in recent years are coupled with such secondary loans.

Mr. DeMarco noted that reducing principal could reduce losses not for taxpayers but for third parties, like the holders of secondary loans or providers of mortgage insurance.

The two had paid $45 million for a $300 million block of secondary loans with the hope of taking the property away from CW Capital.

RBS refused to disclose details of secondary loan purchases, citing client confidentiality.

The Government of Singapore Investment Corporation, which made a $575 million secondary loan, and invested as much as $200 million in equity, stands to lose all of that.

But with the real estate bubble in full expansion, he was able to line up a $20 million loan from Canyon Capital Realty Advisors and a secondary loan from Oaktree Capital Management to buy the Edison.

Secondary loan markets have been around for a very long time and creativity, even excessive creativity, in the finance world is not ending anytime soon.

They have also sold exposures on the secondary-loan market, bought portfolio insurance from insurers and sold credit risk through collateralised debt obligations and credit derivatives.On the whole, says Michael Foot, head of banking supervision at Britain's Financial Services Authority, these techniques should mean that credit risk is parcelled out more evenly.