(1) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
(2) Video games specialist Game was teetering on the brink of collapse on Friday after a rescue deal put forward by private equity firm OpCapita appeared to have been given the cold shoulder by lenders who are owed more than £100m.
(3) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
(4) Portugal's slide towards a Greek-style second bailout accelerated after its principal private lenders indicated that they were growing weary of assurances from Lisbon that it could get on top of the country's debts.
(5) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
(6) That’s precisely the point made by Jubilee Debt Campaign: the reckless lenders that poured speculative cash into the country in the runup to the crisis escaped largely unscathed (though they were forced to accept some reduction in the face value of their bonds – known as a haircut – in the 2012 restructuring that accompanied Greece’s second emergency bailout).
(7) A member of the P2PFA ThinCats ThinCats logo Date launched January 2011 Quoted returns Lenders can earn "between 6% and 13%".
(8) Quiet crisis: why battle to prop up Italy's banks is vital to EU stability Read more The country’s third-largest lender has already been bailed out twice in modern Italian history but is likely to need a third multibillion-euro intervention by the Italian government – a move that would need Brussels to break new rules designed to prevent such taxpayer bailouts after the 2008 global financial crisis.
(9) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
(10) "Building societies and other mutual lenders continue to play a dominant role in supporting members of the UK public looking to buy a new home," said Paul Broadhead, head of mortgage policy at the BSA.
(11) Rival lender Nationwide reported a fall in house prices of 0.2% in September , the first decrease in 17 months.
(12) It means that Ireland will make a clean exit from its €85bn financial assistance programme, which ends on 15th Decembe r. It has hit the targets set by its troika of lenders, and Kenny's government must be confident that it can walk alone.
(13) • MPs heard that payday lenders are targeting young children with their TV adverts.
(14) The Council of Mortgage Lenders (CML) estimates that there remain 719,000 households in the UK with mortgages that are worth more than the property.
(15) Later this week the Financial Conduct Authority will outline how it intends to police payday lenders when it begins to regulate them in April 2014.
(16) The five major commercial banks saw around €2bn of deposits withdrawn by customers anxious that Greece was nearing the end of its credit line with lenders and about to go bust.
(17) The maximum amount being advertised is the maximum the lender will consider – it is not a guarantee you will be offered that percentage of the property price.
(18) Either way, Boulger points out that some of the standard variable rates charged by lenders are so good, you might not need a new deal at all.
(19) "While some lenders were MMR-compliant ahead of the official launch at the end of April, using May data to assess the impact of the new rules is perhaps premature," he said.
(20) The debut of the film – before an audience of business journalists, film critics and a smattering of Wonga customers – comes before a grilling by MPs in Westminster on Tuesday as calls grow for tighter curbs on payday lenders.
Mortgage
Definition:
(n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
(n.) State of being pledged; as, lands given in mortgage.
(v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
(v. t.) Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
Example Sentences:
(1) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
(2) Gross mortgage lending stood at £7.9bn in April compared with £8.7bn in March and a six-month average of £9.9bn.
(3) "We have concerns that a potential buyer looking at a property may not value the improvements carried out under Green Deal and may not want to pay for them," a mortgage industry source told the Observer .
(4) The Guardian has a mortgage advice service, provided by London & Country
(5) Santander's new mortgage range complements this, putting our relationship with our customers at the heart of our business and ensuring they get the right mortgage for them – one they can afford and which meets their needs."
(6) To comply with these rules, interest is not paid on Islamic savings or current accounts, or charged on Islamic mortgages.
(7) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
(8) The City watchdog said call handlers at Yorkshire, the UK’s second-biggest building society after Nationwide, failed to deal properly with customers who contacted the society about problems paying their mortgage.
(9) One mortgage payer, writing on the MoneySavingExpert forum, said: "They are asking for an extra £200 per month for the remaining nine years of our mortgage.
(10) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
(11) Childcare carves out a hefty third of household income for one in three families, overshadowing mortgage repayments as the biggest family expenditure .
(12) It’s been widely reported that black people are disproportionately harmed by the mortgage market.
(13) Would I be stupid not to wait another six months or so, to get a 90% mortgage given the cons of Help to Buy?
(14) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
(15) Alternatively, if your mortgage has been going for a few years – and so a reasonable amount of capital has been repaid, you may be able to borrow back up to the value of the original mortgage.
(16) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
(17) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
(18) The main plans include: • a scheme to help buyers secure mortgages of up to 95% loan-to-value.
(19) If Thatcher's government is in part to blame, then Bill Clinton's is even more so; driven by a desire to let every American own their own home, it was Clinton's decision to create the ill-fated sub-prime mortgage system .
(20) For those who can't stump up more than 5% of the agreed price, he suggests guarantor mortgages, such as that offered by Lloyds TSB.