Examples of Nonperforming Loan in a sentence
B) Reperformance Fee: With respect to each *, the * fee payable to Ocwen in the month following such period in which such Mortgage Loan becomes a Reperforming Mortgage Loan (any Nonperforming Loan that has made * payments or * payments), which fee shall equal * as of the related Determination Date.
Purchaser will use reasonable business efforts to respond to requests for direction from Servicer within ten (10) days following Purchaser’s receipt of written request from Servicer for direction concerning how to proceed in regard to a Non-performing Loan.
The Party offering the highest Call Price shall purchase the Non-performing Loan from the Purchaser free and clear of this Agreement and all liens, claims, and encumbrances of Purchaser, Servicer or Company.
Asset Quality Continued to Weaken, Although at a Slower Pace 2Q 2008 Provision Net Charge-Offs Net Charge-Off Ratio Net ALLL Increase Allowance to Loan Ratio Nonperforming Loan Ratio 30 – 89 Days Past Due $448.0 $322.6 1.04% $284.1 1.46% 2.22% 1.48% 1Q 2008 $560.0 $297.2 0.97% $262.8 1.25% 1.67% 1.52% 1Q 2008 $(112.0) $25.4 7 bps $21.3 21 bps 55 bps (4) bps 4Q 2007 $356.8 $168.0 0.55% $188.8 1.05% 1.19% 1.53% 2Q 2008 vs.
The operating results and financial position of the Group are reported in Canadian dollars in the Group’s consolidated financial statements.The fluctuation of the Canadian dollar in relation to other currencies will consequently have an impact upon the profitability of the Group and may also affect the value of the Group’s assets and the amount of shareholders’ equity.As noted below, the Group has certain financial assets and liabilities denominated in foreign currencies.