|
|
Lender |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
LenderA person or company that offers to lend money to a borrower for a given period of time. The borrower is obliged to repay the loan either by instalments or single payment together with specified interest.LenderBusinesses that provide loans to others.Lender Similar MatchesCouncil of Mortgage LendersCouncil of Mortgage LendersAn institution that sets out code a code of good practice which mortgage lenders volunteer to stick to - they are not regulated by the government. Lender of last resortLender of last resortTraditionally the Federal Reserve Bank in the US, which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system. Lenders legal feesLenders legal feesFees incurred by the lender when arranging a mortgage passed on to the buyer. Direct lendersDirect lendersProvide financial services over the telephone and through the internet. Lower overheads resulting from a lack of high street premises and centrally streamlined processes mean that the overall costs are much lower and part of this saving is used to deliver cheaper products. Add to this the convenience of arranging a mortgage outside working hours from your own home, and it is easy to see why these new operations are finding favour. Lender liability lawsuitsLender liability lawsuitsLegal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement. Further SuggestionsInstitutional Lenderslender of last resort High street lenders Lenders arrangement fees Lender of Last Resort Lenders fees |
|
|
|