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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  3. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    Merrill Lynch was acquired by Bank of America in September 2008 for $50 billion. [9] Scottish banking group HBOS was acquired by UK rival Lloyds TSB on 17 September 2008, after "HBOS voiced concerns that depositors and lenders had begun to withdraw their credit from the bank". The UK government made this takeover possible by waiving its ...

  4. Anglo-American loan - Wikipedia

    en.wikipedia.org/wiki/Anglo-American_loan

    Anglo-American loan officially Anglo-American Loan Agreement was a loan made to the United Kingdom by the United States on 15 July 1946, enabling its economy after the Second World War to keep afloat. [1] The loan was negotiated by British economist John Maynard Keynes and American diplomat William L. Clayton. Problems arose on the American ...

  5. 'Secret' agreements for running Citigroup and Bank of America

    www.aol.com/news/2009-07-16-secret-agreements...

    Most investors in Citigroup (C) and Bank of America (BAC) probably assume that the relationships between the banks and regulators are fully disclosed. Well, think again. Separate reports say that ...

  6. Bank of America Home Loans - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America_Home_Loans

    Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United States, at a value of about 3. ...

  7. Secured loan - Wikipedia

    en.wikipedia.org/wiki/Secured_loan

    A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

  8. US govt wants half of its $20 billion loan to Ukraine to be ...

    www.aol.com/news/us-govt-wants-half-20-164120000...

    WASHINGTON (Reuters) -The Biden administration is trying to provide Ukraine with $10 billion in military aid as part of its $20 billion commitment to the country under a $50 billion loan ...

  9. Mortgage industry of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    One study found that in the five years 1987-1992, the building societies collectively outperformed the UK clearing banks on practically all the major growth and performance measures. The societies' share of the new mortgage loans market of 75% in 1990-91 was similar to the share level achieved in 1985.

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