Financial Services Segment definition

Financial Services Segment means the business segment of the Company and its Subsidiaries engaged in mortgage banking (including mortgage origination, loan servicing, mortgage brokerage and title and escrow businesses), master servicing and related activities, including, without limitation, a Subsidiary which facilitates the financing of mortgage loans and mortgage-backed securities and the securitization of mortgage-backed bonds and other related activities, which segment currently consists principally of the activities of Ryland Mortgage Company and its Subsidiaries but excludes the Limited Purpose Subsidiaries.
Sample 1Sample 2Sample 3
Financial Services Segment means the business the Company and its Subsidiaries consisting of (1) the offer and sale of retail, wholesale and lease financing and/or other financial services products to finance the purchase or lease of products sold by the Company and its Restricted Subsidiaries or other manufacturers whose products are from time to time sold through the dealer network of the Company and its Restricted Subsidiaries (2) the financing of wholesale and retail accounts receivable and (3) captive insurance business.
Sample 1Sample 2Sample 3
Financial Services Segment the business segment of the Company and its Subsidiaries engaged in the mortgage banking (including the title and escrow businesses), mortgage servicing, securities issuance, bond administration and management services and related activities, which segment on the date of this Agreement consists principally of the activities of Xxxxxx Mortgage Company and its Subsidiaries but excludes the Limited-Purpose Subsidiaries. "Financial Services Segment Combined Total Liabilities": at any time, all amounts which would, in accordance with GAAP, be included as liabilities on a combined balance sheet of the Financial Services Segment as at such date; provided, that reverse repurchase agreements secured by FHLMC Securities, FNMA Securities GNMA Securities and other mortgage-backed securities, whether such securities are issued in certificated form or book entry form, arising from the call of bonds issued by Affiliates of Xxxxxx Mortgage Company may be excluded from those liabilities so long as (a) the underlying collateral value is at least 100.5% of the obligations of Xxxxxx Mortgage Company and/or Associates Mortgage Funding Corporation under those agreements or (b) the underlying collateral is subject to a hedging agreement.
Sample 1Sample 2

Examples of Financial Services Segment in a sentence

  • The group has interests in the Capital Markets and Financial Services Segment both directly and through strategic stakes of over five decades.

  • Financial Services Segment CommentaryDuring the first quarter, income before income taxes increased $56.2 million, primarily attributable to an increase in gross margin of $62.4 million.

  • Financial Services Segment Year-to-Date 2019 versus Year-to-Date 2018 Revenue increased $46.6 million or 7.6 percent compared to the prior year due to increased credit card charges as a result of increased GAAR driven by growth in the number of average active accounts and higher interchange revenue due to strong credit card sales compared to the prior year.

  • The highest net margin in 2020 was in the Financial Services Segment, followed by Motorcycles, Automotive and Other Entities & Eliminations segments.

  • Figure 2 – Revenue Share of the Operating Segments Figure 3 – Revenues in the Automotive SegmentFigure 2 represents the revenue share by its operating segments and we can clearly see that the Automotive Segment is the main driver of revenues of the BMW group between (74% and 71%), followed by the Financial Services Segment.

  • Financial Services Segment CommentaryThird quarter income before income taxes was $117.7 million, an increase of $27.2 million, which was primarily attributable to an increase in gross margin of $31.9 million.

  • CANADIAN TIRE CORPORATION 2023 THIRD QUARTER REPORT 21 Financial Services Segment CommentaryFinancial Services segment Income before income taxes was $125.7 million in the quarter, a decrease of $13.9 million from the prior year.

  • Financial Services Segment Fourth-Quarter 2017 versus Fourth-Quarter 2016 Earnings SummaryIncome before income taxes of $89.5 million increased $4.2 million, or 4.9 percent, primarily due to an increase in revenue, which was partially offset by higher net impairment expense and increased selling, general and administrative expenses.

  • As with the Financial Services Segment (Figure 5), the number of contracts under management has been increasing significantly over the years and even increased in 2020, stabilizing in over 5,9 million contracts.

  • Following are key data from the financial results of the financial services segment, as included in the Company’s financial statements in the reporting year (NIS millions): Financial Services Segment Income from financial services in the reporting period and the corresponding period of the previous year includes income from ETFs, after Amendment no.


More Definitions of Financial Services Segment

Financial Services Segment means the business NIC and its Subsidiaries consisting of (1) the offer and sale of retail, wholesale and lease financing and/or other financial services products to finance the purchase or lease of products sold by NIC and its Restricted Subsidiaries or other manufacturers whose products are from time to time sold through the dealer network of NIC and its Restricted Subsidiaries (2) the financing of wholesale and retail accounts receivable and (3) captive insurance business.
Sample 1

Related to Financial Services Segment

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • financial service means any service of a banking, credit, insurance, personal pension, investment or payment nature;

  • financial service provider means a person engaged in the business of providing financial services in terms of authorisation issued or registration granted by a financial sector regulator;

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;

  • Wireless services provider means a person who provides wireless services.

  • Processing Services means those services which are necessary to issue and service a Card and process a Transaction in accordance with Applicable Law.

  • Special Services means all forms of services pertaining

  • Hosting Services means the provision, administration, and maintenance of servers and related equipment, the provision of bandwidth at the hosting facility, and the operation of the Application for access by Customer Users to be provided by the relevant hosting service provider.

  • Collection Services means all of the duties and obligations of the Contractor hereunder.

  • Core Services means the services described in the Main Agreement that BNYM is obligated to perform for Company (for clarification: excluding the products and services provided pursuant to this Schedule C).

  • Primary care services means the services in respect of which NHS England has a duty or power to make arrangements pursuant to the Primary Care Functions;

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Travel Services means transportation, accommodation or other travel arrangements including, without limitation, air, rail, bus passenger transportation, hotel accommodation and car hire services.

  • Long-term care services means services provided through the department of social and health services either in a hospital or skilled nursing facility, or in another setting under a home and community-based waiver authorized under 42 U.S.C. Sec. 1396n.

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Wireless services means any services, provided using licensed or unlicensed spectrum, including the use of Wi-Fi, whether at a fixed location or mobile.

  • Software Services means services that Customer provides to you that make available, display, run, access, or otherwise interact, directly or indirectly, with the Products. Customer must provide these services from data center(s) through the Internet, a telephone network or a private network, on a rental, subscription or services basis, whether or not Customer receives a fee. Software Services exclude any services involving installation of a Product directly on any End User device to permit an End User to interact with the Product.

  • Day-care services means care of a child for a portion of the day which is less

  • Auditing Services means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

  • Support Services means support in relation to the use of, and the identification and resolution of errors in, the Hosted Services, but shall not include the provision of training services;

  • Banking Services Provider means any Lender (other than a Defaulting Lender) or Affiliate of a Lender (other than a Defaulting Lender) that provides Banking Services to any Credit Party.

  • Broadband Services means Verizon's Fios or DSL-based Internet services (whichever applies). Verizon's DSL-based Internet service is also known as "High Speed Internet" ("HSI").

  • Cloud Services means SAP’s then-current cloud services offered under and described in detail in the applicable SAP PartnerEdge Model.