Sentence examples for sold loan from inspiring English sources

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Exact(3)

Lloyds reported a net loss of 2.4 billion for the first quarter, reflecting the costs of compensation to some clients who were improperly sold loan insurance.

The latest results were hampered by the need to set aside capital to compensate customers who had been inappropriately sold loan insurance and for small businesses that were improperly sold complex interest-rate hedging products.

The British firm, which is majority-owned by the government after a bailout, already has put aside $2.7 billion to compensate customers who were inappropriately sold loan insurance in recent years.

Similar(57)

Mr. Walsh bought and sold loans on properties that were often in foreclosure.

Firms like Deutsche Bank and Royal Bank of Scotland have sold loans at a discount to other investors to shed unwanted assets.

For sold loans, we typically retain servicing responsibility, which means collecting loan payments and maintaining cash escrow balances on behalf of the investors.

Martha Coakley, the state's attorney general, said Morgan Stanley improperly loaned billions of dollars to the subprime lender New Century, which then sold loans to unqualified borrowers.

They should have drilled into allowances for loan losses, and they should have been especially alert for signs that the banks were playing games when they sold loans.

The attorney general also examined whether R.B.S. reviewed the mortgages bought from Countrywide and concluded that the bank bundled and sold loans even after identifying them as problematic.

The transaction is the first in which Ford has sold loans outright and is part of efforts to lower its reliance on the corporate bond market.

Title companies like First American would also have to divest their appraisal divisions if they wanted to continue working for lenders that sold loans to the mortgage agencies.

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