defaulting borrower

См. также в других словарях:

• Foreclosure — For Lacan s psychoanalytic process, see Foreclosure (psychoanalysis). House in Salinas, California under foreclosure, following the popping of the U.S. real estate bubble. Foreclosure is the legal process by which a mortgage lender (mortgagee),… …   Wikipedia

• foreclosure — fore·clos·ure /fōr klō zhər/ n 1: a legal proceeding that bars or extinguishes a mortgagor s equity of redemption in mortgaged real property see also deficiency judgment at judgment, redeem …   Law dictionary

• Secured loan — A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral in… …   Wikipedia

• Asset for asset swap — Creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. The New York Times Financial Glossary …   Financial and business terms

• asset for asset swap — creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. Bloomberg Financial Dictionary …   Financial and business terms

• deed in lieu of foreclosure — A means of escaping an overly burdensome mortgage. If a homeowner can t make the mortgage payments and can t find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the… …   Law dictionary

• deed-in-lieu — USA deed in lieu, Also called a deed in lieu of foreclosure. It conveys title to a lender when a defaulting borrower wants to prevent foreclosure. A lender can choose whether to stop foreclosure activity when the borrower requests a deed in lieu …   Law dictionary

• Sovereign bond — A sovereign bond is a bond issued by a national government. Bonds issued by national governments in the country s own currency are also referred as government bonds.Nations with very high or unpredictable inflation or with unstable exchange rates …   Wikipedia

• Default trap — The default traps in sovereign borrowing refers to the idea that once a country falls into a default, it is more likely to default again in the future, compared to another country with identical future output ability. The idea of default traps is …   Wikipedia

• Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

• 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