loan forbearance

См. также в других словарях:

• loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu …   Law dictionary

• forbearance — for·bear·ance also fore·bear·ance /fȯr bar əns/ n: a refraining from the enforcement of something (as a debt, right, or obligation) that is due Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. forbearance …   Law dictionary

• Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

• forbearance agreement — An agreement between a creditor and a debtor. A forbearance agreement is utilized when a debtor has defaulted or is likely to default. Under the terms of the forbearance agreement, the debtor is given more time to make loan payments, a reduction… …   Financial and business terms

• Loan Modification — A modification to an existing loan made by a lender in response to a borrower s long term inability to repay the loan. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of… …   Investment dictionary

• Forbearance — In the context of a mortgage process, forbearance is a special agreement between the lender and the borrower in order to delay a foreclosure. Loan borrowers sometimes have problems with their payments due to unexpected circumstances. This may… …   Wikipedia

• loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

• loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

• forbearance — Refraining from doing something that one has a legal right to do. Giving of further time for repayment of obligation or agreement not to enforce claim at its due date. Crestwood Lumber Co. v. Citizens Sav. & Loan Ass n, 83 C.A.3d 819, 148… …   Black's law dictionary

• forbearance — Refraining from doing something that one has a legal right to do. Giving of further time for repayment of obligation or agreement not to enforce claim at its due date. Crestwood Lumber Co. v. Citizens Sav. & Loan Ass n, 83 C.A.3d 819, 148… …   Black's law dictionary

• Forbearance — A postponement of loan payments, granted by a lender or creditor, for a temporary period of time. This is done to give the borrower time to make up for overdue payments. Basically, forbearance allows the borrower to put a temporary hold on his or …   Investment dictionary