The group added, "Private mortgage insurance (MI) has been readily available to
creditworthy borrowers in this market segment for many years.
In particular, in setting dividend levels, a banking organization should consider its ongoing earnings capacity, the adequacy of its loan loss allowance, and the overall effect that a dividend payout would have on its cost of funding, its capital position, and, consequently, its ability to serve the expected needs of
creditworthy borrowers.
The study shows there is opportunity in the midst of the credit deterioration and provides insight to lenders looking for
creditworthy consumers while seeking to avoid those whose credit quality could continue to slip, according to VantageScore Solutions President and Chief Executive Officer Barrett Burns.
If current guidelines were to become rules to be applied with no exceptions, then even if these rules were not as tight as the guidelines are today, many
creditworthy applicants would be denied loans and, thus, the opportunity to own a home.
Statements were issued by the agencies in March, July, and November 1991 emphasizing the importance of banks continuing to lend in a manner consistent with sound banking practices to
creditworthy customers and encouraging banks to work in a prudent fashion with troubled borrowers.
As our most troubled institutions are restructured to bring in new capital, many financial institutions are in a position once again to provide loans to
creditworthy borrowers.
These utilities' default risks generally exceed those of traditional municipal SRF borrowers, but most lending should continue to be to
creditworthy systems with established local franchises and state regulatory oversight.
It carries a prestigious roster of
creditworthy tenants with long-term leases, providing reliable, increasing cash flow.
Indeed, some institutions will decline a perfectly
creditworthy loan unless ancillary business will increase the profitability of the overall transaction.
Electricity use continues to grow across Southern California and, with few exceptions, new plants are not being built without long-term contracts with
creditworthy buyers," said Pizarro.
W&M strives not just to have its space fully leased to
creditworthy tenants, but also to have those tenants fully using and occupying that space on a direct basis.
The Federal Reserve would, of course, be concerned if the examination process resulted in an unwarranted decline in lending to
creditworthy borrowers or for projects that are economically or financially sound.
