lender

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Lender

Businesses that provide loans to others.

Lender

A person or organization that makes a loan. That is, a lender gives money to a borrower with the expectation of repayment in a timely manner, almost always with interest.

Fig. 50 Ledger. The main ledger accounts.

lender

a person, company or institution that provides a BORROWER with MONEY or some other asset (for example machinery, property) in the form of a LOAN, MORTGAGE or LEASING arrangement in order to finance consumption and investment. See DEBT, FINANCIAL SYSTEM, COLLATERAL SECURITY.

lender

a person, firm or institution that makes a LOAN to a BORROWER to enable the borrower to finance CONSUMPTION or INVESTMENT. Lenders frequently require borrowers to offer some COLLATERAL SECURITY, for example, property deeds, which lenders may retain in the event of borrowers failing to repay the loan. See alsoCREDIT, FINANCIAL SYSTEM.

lender

One who advances money to another in the expectation of receiving repayment of the money plus a fee for the use of the money, called interest.

Lender

See Mortgage Lender.

References in periodicals archive ?

Variables like whether or not the lender will escrow for taxes, or whether an actual/360 or a 30/360 calculation will be used when computing your monthly/annual mortgage payment, are still, in many cases, malleable.

When it comes to lenders, choose battles carefully

We believe that the incentives arising from the risk that the borrower will be unable to repay its loan because of its own CERCLA liability are adequate to encourage lenders to evaluate environmental risks related to their borrower's property.

Edward W. Kelley, Jr., Member, Board of Governors of the Federal Reserve System

Lenders and intermediaries can and should do more to tackle current problems with interest-only mortgages.

By the End of Q2 2006, Interest Only Mortgages Accounted for 25.1 per cent of All New Mortgages

According to Constance Blaine, vice president of Fax Focus, "The Mortgage Point service allows lenders to improve the efficiency of their business by providing them with all the information they need to set competitive rates, plus a fast, cost-effective way to distribute rates and program information to every broker in their network.

FAX FOCUS INTRODUCES MORTGAGE POINT, FIRST FAX INFORMATION AND RATE DISTRIBUTION SERVICE DESIGNED EXCLUSIVELY FOR THE MORTGAGE INDUSTRY

We attempted to include all the variables that lenders view as relevant to their mortgage decisions.

Statement by Richard F. Syron, President, Federal Reserve Bank of Boston, before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, February 24, 1993

The Web site is available to all lenders that have formed partnerships with CBA Commercial.

CBA Commercial wins site award

When you're having a problem that may affect your financing, the tendency may be to either understate the problem to your lender or to avoid telling him about it at all.

How to improve your allure to lenders

If your lender is knocking at the door, here are the steps to follow in a workout.

You owe your company a good workout

Covenants in borrowing agreements that give lenders a voice in their borrower's activities are designed to ensure that the borrower acts prudently in financial matters and places a high priority on the repayment of the debt not to permit the lender to substitute its judgment for the borrower's in technical aspects of the borrower's business.

Statement by Oliver Ireland, Associate General Counsel, Legal Division, Board of Governors of the Federal Reserve System

In 2006, Lenders First Choice expanded into a new market and increased its market share.

Lenders First Choice Adds New Services, Key Executives in 2006

Popik noted that because the broker base has converged on the three products, wholesale lenders may find it tempting to use one sales force to market different kinds of loans to the same brokers.

Variety keeps finance products moving, survey says

When a lender requests updated numbers or additional data, it's up to you to deliver them.

Today's financing state-of-the-art: interview with Jeffrey A. Davis, Chairman, Cambridge Realty Capital Ltd