This is not the time for them to rest on their competitive laurels, so they are rolling out the marketing big guns to bring in more highvaluecredit card users.
Because the appraisal didn't lower his loan-to-value ratio, and despite his highcredit score, Mr. Lattas says he's going to end up with a mortgage rate that's a quarter of a point more expensive than the lowest rates available.
Relative to earlier vintages, more of these loans carried greater risks beyond weak borrower credit histories including very high initial cumulative loan-to-value ratios and less documentation of borrower income.
Finally, the court held that Ultimate Holdings was used to perpetrate a wrong on its creditors, since it was little more than a part of the scheme to inflate the GENI stock, cash it out while at an artificially highvalue, and let the losses go to the brokerage firms who had extended margin credit to Ultimate Holdings.