Examples of Acquired Loans in a sentence
Tomorrow (7 November) we will send out a list of the Acquired Loans to market participants (including Highland) and seek firm bids in respect of each of them.
In addition, Acquired Loans are not initially classified as delinquent or nonperforming as we expect to collect our net investment in these loans and the nonaccretable difference is expected to absorb the majority of the losses associated with these loans.
Loans Originated or Refinanced Before April 1, 2013, and all Acquired Loans For loans originated or refinanced by a bank before April 1, 2013, and all acquired loans regardless of the date of acquisition, if information as of the date the loan was originated or refinanced is not available, then the bank must use the oldest available information to determine the PD.
Acquired Loans Loans acquired in connection with business combinations are recorded at fair value with no carryover of the related allowance for loan losses.
Recovery proceeds from Managed NPLs were returned to the Government and BNM, while surplus recovery from Acquired Loans were shared with the respective financial institutions, in accordance with the surplus sharing agreements.The balance of the cash was then kept and used to meet Danaharta's liabilities, largely the bonds issued for NPL acquisition.