Restructured Loan

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Restructured Loan

A loan for which the parties have agreed to alter the terms, usually to make them more favorable to the borrower. For example, the borrower may restructure a loan to receive a lower interest rate or monthly payment. Restructured loans are most common if the borrower states that he/she can no longer afford payments under the old terms. For example, a borrower may have to accept a new job with less income, forcing a tighter budget.
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Among the actions of the June 13, 2013 meeting of the SCNA Board of Directors: Information was shared about the newly renegotiated loan for the SCNA Building.
Very few Lane County residents that Howard has helped have closed a renegotiated loan under the federal program, she said.
A high percentage of homes in default can be saved with renegotiated loan terms.
In addition to the renegotiated loan, the company announced that Jack Rosenzweig would remain as CEO of Humboldt Industries, a pet supply catalog retailer with its own order fulfillment operation and revenue estimated at better than $15 million a year.
decreased payment amounts or interest rate, increased loan term, change of ownership, change of payment method), how to convince lenders that the borrower can pay off the renegotiated loan, the importance of alerting lenders early that a workout is a possibility, the role and importance of the borrowers intellectual property, the importance of emphasizing the borrowers non-financial strengths (e.
As part of the renegotiated loan terms, CVD Financial granted PDG Environmental the right to repurchase the 752,000 warrants previously issued to CVD Financial for $100,000 if the loan is repaid in full prior to January 31, 1996.
The bank reported large restructured and renegotiated loan exposures--mainly linked to Dubai-based government-related entities--which represented about 11 per cent of its gross loans at year-end 2013.
DIB's VR reflects the bank's underlying weak asset quality, exposure to problem financing, sizeable loan concentrations and renegotiated loan book, and consequent vulnerability to event risk and potentially high losses.
Mashreq's VR reflects the bank's underlying weak asset quality, and consequent vulnerability to event risk and potentially high losses, through sizeable loan concentrations and renegotiated loan book, particularly to Dubai government-related entity (GRE) exposures.
HBME's VR reflects the bank's high borrower concentration, high NPLs, and renegotiated loan book, particularly to Dubai government-related exposures, which exposes it to event risk and potentially high levels of losses.
This will depend on the future performance of its renegotiated loan book and the slow recovery in the UAE economy, in particular in the Dubai government related and real estate sectors.
Banco ABC Brazil reported significant increase of renegotiated loans in the period that accounted for 3.