Examples of Loan Administrator in a sentence
The Loan Administrator (MassMutual Life Insurance Company or its successor) charges a one-time $50 loan initiation fee.
To include reg- ular reporting requirements, periodic analysis of corporate and industry in- formation, scheduled telephone contact and site visits, regular loan review committee oversight of loan status, and systematic internal reports and files.§ 1336.67 Security and collateral: Re- sponsibilities of the Loan Adminis- trator.The Loan Administrator may require any applicant for a loan from the RLF to provide such collateral as the Loan Administrator determines to be nec- essary to secure the loan.
The Loan Administrator will develop proce- dures to ensure that the loans made are directed to Native Hawaiians.
If the Loan Administrator subsequently determines that the loan is no longer adequately secured, additional security may be required.
The lender may require collateral security or ad- ditional security at any time during the term of the loan if after review and monitoring an assessment indicates the need for such security.§ 1336.68 Defaults, uncollectible loans, liquidations: Responsibilities of the Loan Administrator.(a) Prior to making loans from the RLF, the Loan Administrator will de- velop and obtain the Commissioner’s approval for written procedures and definitions pertaining to defaults and collections of payments.