loan workout

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• workout — Informal repayment or loan forgiveness arrangement between a borrower and creditors. Bloomberg Financial Dictionary * * * workout work‧out [ˈwɜːkaʊt ǁ ˈwɜːrk ] noun [countable] FINANCE a way for a borrower in financial difficulty to repay loans,… …   Financial and business terms

• Workout — Informal arrangement between a borrower and creditors. The New York Times Financial Glossary * * * workout work‧out [ˈwɜːkaʊt ǁ ˈwɜːrk ] noun [countable] FINANCE a way for a borrower in financial difficulty to repay loans, debts etc: • The bank s …   Financial and business terms

• 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

• workout — work·out n: an undertaking or plan intended to resolve a problem of indebtedness esp. in lieu of bankruptcy or foreclosure proceedings Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. workout …   Law dictionary

• Workout Agreement — A mutual agreement between a lender and borrower to renegotiate terms on a loan that is technically in default, so as to avoid foreclosure or liquidation. The renegotiated terms will generally provide some measure of relief to the borrower in… …   Investment dictionary

• Amresco — was the new name given to Financial Resource Management, Inc. (FRMI), a subsidiary of the NCNB Texas National Bank in 1992. The subsidiary was created in 1990 after NCNB s name took a beating in the Texas market, after it successfully bidded and… …   Wikipedia

• Hope Now Alliance — An initiative launched in 2007 to combat the rising tide of foreclosures created by the subprime mortgage market meltdown. The Alliance is comprised of members from the U.S. government, the secondary mortgage market, lenders, mortgage backed… …   Investment dictionary

• Cesar L. Villanueva — Cesar L. Villanueva, also known as CLV, is the incumbent Dean of the Ateneo Law School in Makati City, Philippines. He is a certified public accountant and a recognized authority in Philippine commercial law. Villanueva is a candidate for the… …   Wikipedia

• Max Kase — in 1952, after receiving Pulitzer Prize Born July 21, 1897(1897 07 21)[1] New York City, U.S …   Wikipedia

• Marcos de Paula — Personal information Full name Marcos Ariel de Paula Date of birth December 19, 1983 ( …   Wikipedia

• Dean Morgan — Personal information Full name Dean Lance Morgan Date of birth 3 October 1983 ( …   Wikipedia